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Virpax Pharmaceuticals | 10-K/A: Annual report (Amendment)

Virpax Pharmaceuticals | 10-K/A: Annual report (Amendment)

Virpax製藥 | 10-K/A:年度報表(修正版)
美股SEC公告 ·  10/10 14:10

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Virpax Pharmaceuticals, a preclinical-stage pharmaceutical company, reported a net loss of $21.7 million for the year ended December 31, 2022, compared to a net loss of $12.1 million for the previous year. The company's accumulated deficit reached approximately $44.4 million. Despite the losses, Virpax has cash reserves of around $19.0 million. The company is involved in litigation with potential damages up to $35.0 million, but has accrued $2 million for this purpose. Virpax's primary source of capital has been through equity securities issuance, including a successful initial public offering (IPO) and an underwritten public offering in 2021. The company's financial statements have been prepared under the assumption that it will continue as a going concern, although there is substantial doubt due to ongoing losses and litigation uncertainties. Virpax is focused on developing non-opioid pain management treatments and CNS disorder treatments. The company relies on third-party contract manufacturing organizations (CMOs) for production and has entered into various research and licensing agreements to advance its product candidates.
Virpax Pharmaceuticals, a preclinical-stage pharmaceutical company, reported a net loss of $21.7 million for the year ended December 31, 2022, compared to a net loss of $12.1 million for the previous year. The company's accumulated deficit reached approximately $44.4 million. Despite the losses, Virpax has cash reserves of around $19.0 million. The company is involved in litigation with potential damages up to $35.0 million, but has accrued $2 million for this purpose. Virpax's primary source of capital has been through equity securities issuance, including a successful initial public offering (IPO) and an underwritten public offering in 2021. The company's financial statements have been prepared under the assumption that it will continue as a going concern, although there is substantial doubt due to ongoing losses and litigation uncertainties. Virpax is focused on developing non-opioid pain management treatments and CNS disorder treatments. The company relies on third-party contract manufacturing organizations (CMOs) for production and has entered into various research and licensing agreements to advance its product candidates.
Virpax藥品公司,一家處於臨床前階段的藥品公司,報告稱截至2022年12月31日止的年度淨損失爲2170萬美元,而上一年淨損失爲1210萬美元。該公司的累積赤字達到約4440萬美元。儘管出現虧損,Virpax約有1900萬美元的現金儲備。公司正涉及一起可能達到3500萬美元賠償的訴訟,但已爲此目的計提了200萬美元。Virpax資本的主要來源是通過發行股票,包括在2021年成功進行的首次公開募股(IPO)和一項承銷的公開發行。公司的基本報表是在假設其將繼續作爲持續經營實體而編制的,儘管由於持續虧損和訴訟不確定性存在重大疑慮。Virpax專注於開發非阿片類疼痛管理治療和中樞神經系統疾病治療。該公司依賴第三方合同製造組織(CMO)進行生產,並已與各種研究和許可協議達成協議以推進其產品候選者。
Virpax藥品公司,一家處於臨床前階段的藥品公司,報告稱截至2022年12月31日止的年度淨損失爲2170萬美元,而上一年淨損失爲1210萬美元。該公司的累積赤字達到約4440萬美元。儘管出現虧損,Virpax約有1900萬美元的現金儲備。公司正涉及一起可能達到3500萬美元賠償的訴訟,但已爲此目的計提了200萬美元。Virpax資本的主要來源是通過發行股票,包括在2021年成功進行的首次公開募股(IPO)和一項承銷的公開發行。公司的基本報表是在假設其將繼續作爲持續經營實體而編制的,儘管由於持續虧損和訴訟不確定性存在重大疑慮。Virpax專注於開發非阿片類疼痛管理治療和中樞神經系統疾病治療。該公司依賴第三方合同製造組織(CMO)進行生產,並已與各種研究和許可協議達成協議以推進其產品候選者。
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