OSTXOS THERAPIES INCORPORATED
Is OS Therapies struggling financially?
Yes, by its own account. OS Therapies told the SEC on 18 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
11/100
Critical
- Sector
- Biotech/Pharma
- Market cap
- $73.3M
- Source filing
- 10-Q 18 May 2026
- Balance sheet
- 30 Jun 2026
Cash runway
-
0months
If the burn speeds up
Empty by Jun 2026
-
1month
If it eases off
Empty by Jul 2026
Both rows are the same reported burn flexed 15% either way, and neither assumes the company raises a cent.
Out of cashTwo years or more
The runway math
Cash and short-term investments
$205K
÷
Cash burned over the last 12 months
$14.7M
What OS Therapies told the SEC
…vendor and related costs associated with these efforts to total approximately $ 20.0 million and continue into the remainder of 2026. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the unaudited consolidated financial statements are issued. The Company’s ability to continue as a going concern is dependent upon its ability to…
OS THERAPIES INCORPORATED, Form 10-Q, filed 18 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
- 65.0% share-count increase The company issued stock. Each share now owns 39.4% less of the business than a year ago, before any change in the price.
Other Biotech/Pharma companies that filed the doubt
- ESLA Estrella Immunopharma $32.0M
- ABVC ABVC BioPharma $23.7M
- ATPC Agape ATP $2.5M
- PFSA Profusa $3.3M
- TCRT Alaunos Therapeutics $4.5M
- BCAB Bioatla $5.3M