Oragenics, Inc. announced on March 18, 2025, the filing of its Annual Report on Form 10-K for the year ended December 31, 2024, with the U.S. Securities and Exchange Commission on March 14, 2025. The company's audited consolidated financial statements received an unqualified audit opinion.
However, the audit report included an explanatory paragraph regarding the company’s ability to continue as a going concern. This indicates substantial doubt about Oragenics' capacity to maintain operations without securing further financing.
The company stated its commitment to advancing its pipeline and exploring strategic opportunities to secure necessary resources for long-term growth. This financial disclosure highlights a critical challenge for the company's future operations and development plans.
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