Going concern
Filing comparison
Sol-Gel Technologies Ltd. disclosed substantial doubt about its ability to continue as a going concern
No going-concern disclosure → Substantial doubt about ability to continue as a going concern
The list below is not exhaustive, and investors should read this “Risk factors” section in full. • We are a dermatology company and have incurred significant losses since our inception. We expect to incur losses for the foreseeable future and may never achieve or maintain profitability. • We will need substantial additional funding to pursue our business objectives, and our current liquidity raises substantial doubt about our ability to continue as a going concern. If we are unable to raise capital when needed, we could be forced to curtail our planned operations and the pursuit of our growth…
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- substantial_doubt
- Current state label
- Substantial doubt about ability to continue as a going concern
- Direction
- escalated
- Located in
- filing body
- Prior filed
- 2025-04-29
- Prior form
- 20-F
- Prior state
- none
- Prior state label
- No going-concern disclosure
- 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.