Tevogen Clarifies Reported Financials, Highlighting Strong Capital Efficiency and Low Cash Burn
Tevogen Bio Holdings Inc. (TVGN)
Company Research
Source: GlobeNewswire
WARREN, N.J., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Tevogen (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN), today issued a statement to provide clarity regarding its accumulated deficit reported under U.S. GAAP accounting standards in recent SEC filings. GAAP rules are designed for consistency and comparability across industries, but they can understate the value of high-growth biotechnology assets still under development. To offer investors a more comprehensive understanding of Tevogen’s financial position and commercial opportunity, the Company plans to share a clearly labeled, fully reconciled set of non-GAAP metrics following the filing of its Form 10-Q for the third quarter of 2025, while maintaining full compliance with SEC requirements. “The company has raised total cash of under $42 million since inception to June 30, 2025,” said Kirti Desai, Chief Financial Officer of Tevogen Bio. “However, the financial statements presented under GAAP for the quarter ended June 30
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TVGN
News
- Tevogen Bio (NASDAQ:TVGN) had its price target lowered by analysts at D. Boral Capital from $10.00 to $5.00. They now have a "buy" rating on the stock.MarketBeat
- Tevogen Highlights Continued Capital Efficiency Following Filing of Q3 2025 Form 10-Q [Yahoo! Finance]Yahoo! Finance
- Tevogen Highlights Continued Capital Efficiency Following Filing of Q3 2025 Form 10-QGlobeNewswire
- Tevogen Reports Major Clinical Milestone: Expands HLA Coverage of its Investigational Precision T Cell Therapy for Acute and Long COVIDGlobeNewswire
- Tevogen Senior Management Engages with Business and Community Leaders and Highlights Recent ProgressGlobeNewswire
TVGN
Sec Filings
- 11/14/25 - Form 424B3
- 11/14/25 - Form 10-Q
- 9/26/25 - Form 424B3
- TVGN's page on the SEC website