Going concern
Filing comparison
Evofem Biosciences, Inc. no longer reports substantial doubt about going concern
Substantial doubt about ability to continue as a going concern → No substantial-doubt conclusion identified
There can be no assurance that the Company will be successful in doing so, and failure to satisfy or restructure these obligations could result in additional defaults, enforcement actions and other material adverse consequences to the Company’s business, financial condition and ability to continue as a going concern. Management’s plans to meet its cash flow needs in the next 12 months includes generating recurring product revenue from PHEXX and SOLOSEC, earning milestone payments triggered by the achievement of certain regulatory milestones under the License and Supply Agreement with Pharma 1…
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- none
- Current state label
- No substantial-doubt conclusion identified
- Direction
- eased
- Located in
- going-concern note
- Prior filed
- 2026-08-14
- Prior form
- 10-Q
- Prior state
- substantial_doubt
- Prior state label
- Substantial doubt about ability to continue as a going concern
- Source
- ASC 205-40 going-concern note comparison
- Why
- Disclosure about the company's ability to continue as a going concern changed compared with its previous report.