Form 10-Q Summit Therapeutics Inc. For: Jun 30
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Summit Therapeutics: substantial doubt about our ability to continue as a going concern
July 23, 2026 4:25 PM EDTFrom Summit Therapeutics' (NASDAQ: SMMT) 10-Q filing on Thursday:
During the three and six months ended June 30, 2026, we incurred a net loss of $215.7 million and $405.1 million and cash flows used in operating activities for the six months ended June 30, 2026 was $263.4 million. As of June 30, 2026, we had an accumulated deficit of $2,699.3 million, cash and cash equivalents of $419.4 million and short-term... More
