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Kodiak Sciences Inc. (KOD) Form 10-Q — Aug 13, 2026

$KODForm 10-QFiled Aug 13, 2026, 4:17 PM ET0001193125-26-349251Original filing

Kodiak Sciences reported a Q2 2026 net loss of $65.6 million ($1.05 per share) and a first-half loss of $123.8 million, with R&D spending up $13.3 million year over year to $56.1 million as its three Phase 3 programs ramp. The company disclosed substantial doubt about its ability to continue as a going concern, stating its $125.9 million of cash may not cover operating and capital needs for the 12 months after the filing. Operating cash burn accelerated to $86.2 million in H1 2026 from $63.8 million a year earlier, leaving roughly three quarters of runway at the current pace.

Key figures

Total Assets
256811000
Cash Position
125903000
Shares Outstanding
62849457
Restricted cash
6184000
Ga expense q2 2026
10755000
Rd expense q2 2025
42760000
Rd expense q2 2026
56083000
Accumulated deficit
1682506000
Stockholders equity
61096000
Royalty sale liability
100000000
Public offering costs paid
303000

Price after filing

1 day: -1.8%7 days: -5.4%30 days: -21.9%

Close on the filing date to close N calendar days later (from $42.11). Historical, not a forecast.

AI analysis

Red flags6 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    Kodiak Sciences Inc. (KOD) Form 10-Q — Aug 13, 2026: AI Analysis | Signal8