EXICURE, INC.

For the period ended Dec 31, 2025. Filed Mar 25, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 25, 2026

XCUR$1.08+21.3%Stored close · as of Nov 10, 2026

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Contents

Consolidated Balance Sheets as of December 31, and

CONSOLIDATED BALANCE SHEETS

	December 31,
	2025	2024
ASSETS
Current assets:
Cash, cash equivalents and restricted cash	$3,746	$12,508
Other receivable	58	521
Prepaid expenses and other current assets	820	644
Total current assets	4,624	13,673
Other noncurrent assets	928	1,357
Property and equipment, net	306	26
Goodwill	4,399	—
Intangible asset	3,784	—
Total assets	$14,041	$15,056
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$1,690	$1,031
Accrued expenses and other current liabilities	2,198	2,040
Total current liabilities	3,888	3,071
Contingent consideration	5,804	—
Deferred tax liability	423	—
Lease liability, noncurrent	—	5,213
Total liabilities	$10,115	$8,284
Commitments and Contingencies (Note 15)
Stockholders’ equity:
Preferred stock, $0.0001 par value per share; 10,000,000 shares authorized, no shares issued and outstanding, December 31, 2025 and December 31, 2024	—	—
Common stock, $0.0001 par value per share; 200,000,000 shares authorized, 6,373,893 issued and outstanding, December 31, 2025; 6,026,841 issued and outstanding, December 31, 2024	1	1
Additional paid-in capital	208,137	206,035
Accumulated other comprehensive loss	(2)	—
Accumulated deficit	(204,210)	(199,264)
Total stockholders’ equity	3,926	6,772
Total liabilities and stockholders’ equity	$14,041	$15,056

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.