Shares Outstanding History
Cash Position
Cash Position
The company has 2.7 months of cash left based on the quarterly cash burn of $-1.64 M and estimated current cash of $1.49 M.
Commentary on Financial Condition
“Since inception, the Company has incurred significant operating and net losses. Net losses attributable to shareholders were $5.0 million and $9.2 million for the nine months ended May 31, 2026, and May 31, 2025, respectively. As of May 31, 2026, we had an accumulated deficit of $68.5 million. We expect to continue to incur significant operational expenses and net losses in the upcoming 12 months. Our net losses may fluctuate significantly from quarter to quarter and year to year, depending on the stage and complexity of our R&D studies and corporate expenditures, additional revenues received from the licensing of our technology, if any, and the receipt of payments under any current or future collaborations into which we may enter. The recurring losses and negative net cash flows raise substantial doubt as to the Company’s ability to continue as a going concern. During the nine months en” (from July 2026 filing’s Liquidity and Capital Resources) Filed At: 2026-07-13
| S-3 | Form S-3 | 2026-10-02 |
| D | Form D | 2026-09-19 |
| 8-K | Form 8-K | 2026-09-09 |
| 8-K | Form 8-K | 2026-09-01 |
| 8-K | Form 8-K | 2026-08-17 |
| 8-K | Form 8-K | 2026-08-11 |
| 8-K | Form 8-K | 2026-07-30 |
| 10-Q | Form 10-Q | 2026-07-14 |