OKURONKURE THERAPEUTICS, INC.
Is Onkure Therapeutics struggling financially?
Yes, by its own account. Onkure Therapeutics told the SEC on 5 May 2026, in Form 10-Q, that there is substantial doubt about its ability to continue as a going concern.
Going concern disclosed May 2026
30/100
Fragile
- Sector
- Biotech/Pharma
- Market cap
- $159.6M
- Source filing
- 10-Q 5 May 2026
- Balance sheet
- 30 Jun 2026
Cash runway
32+ mo
Runs out some time after Mar 2029, raising nothing.
Out of cashTwo years or more
The runway math
Cash and short-term investments
$166.5M
÷
Cash burned over the last 12 months
$51.9M
What Onkure Therapeutics told the SEC
…adjustments relating to the recoverability and reclassification of assets and liabilities that might be necessary if the Company is unable to continue as a going concern. As of December 31, 2025, the Company had determined that substantial doubt about the Company’s ability to continue as a going concern for a period of at least 12 months from the date of the issuance of those financial statements did exist. However,…
ONKURE THERAPEUTICS, INC., Form 10-Q, filed 5 May 2026.
Read the filing on SEC.govWhat this means
- Not a bankruptcy filing, and not a prediction.
- It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
- The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.
What else the numbers show
- 136.7% share-count increase The company issued stock. Each share now owns 57.7% less of the business than a year ago, before any change in the price.
- Cash burn is narrowing It is spending 42% less cash per year than it was, so the runway above is lengthening rather than shortening.
Other Biotech/Pharma companies that filed the doubt
- DERM Journey Medical $218.7M
- AMS American Shared Hospital Services $10.0M
- IBIO iBio $71.0M
- ZBIO Zenas BioPharma $2.1B
- JBIO Jade Biosciences $1.4B
- DMRA Damora Therapeutics $1.9B