Going concern
Filing comparison
Orchestra BioMed Holdings, Inc. no longer discloses a going-concern conclusion
Substantial doubt about ability to continue as a going concern → No going-concern disclosure
The Company follows the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 205-40, Presentation of Financial Statements — Going Concern, which requires management to assess the Company’s ability to continue as a going concern within one year after the date the financial statements are issued. Based on the available balance of cash and cash equivalents and marketable securities as of December 31, 2025, subsequent proceeds received (see Note 19 – “Subsequent Events”), and expected future proceeds from contractual financing commitments…
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- none
- Current state label
- No going-concern disclosure
- Direction
- eased
- Located in
- filing body
- Prior filed
- 2025-03-31
- Prior form
- 10-K
- 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.