Apr. 27 at 12:40 PM
$RDHL Going Concern
Our consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. During the year ended December 31, 2025, our net cash used in operating activities was
$9.7 million leaving a cash balance of
$4.1 million. Because we do not have sufficient resources to fund our operations for the next twelve months from the date of this filing, management has substantial doubt of our ability to continue as a going concern. See "- B. Operating Results - Going Concern".
https://www.marketscreener.com/news/redhill-biopharma-annual-report-for-fiscal-year-ending-2025-12-31-form-20-f-ce7f59dcd18ef223