CVKD · Cadrenal Therapeutics, Inc.
$1.55
+0.02 (+1.31%)
At close · Aug 26
Going-concern doubt
— flagged Aug 13, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about our ability to continue as a going concern for one year after the financial statements are issued. Our unaudited financial statements for the quarter ended June 30, 2026 contain an explanatory paragraph with respect to this uncertainty. In addition, in connection with the filing of our Annual Report, our independent registered public accounting firm issued a report that included an explanatory paragraph with respect to this uncertainty. As such, we cannot conclude that such plans will be effectively implemented within one year after the date that the financial statements included in this Quarterly Report on Form 10Q are filed with the SEC and there is uncertainty regarding our ability to maintain liquidity sufficient to operate our business effectively, which raises substantial doubt about our ability to continue as a going concern.”View the 10-Q filed Aug 13, 2026
Market Cap
$5.46M
Shares
3.57M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Quang X. Pham | Chief Executive Officer | $1,909,694 |
| James Ferguson | Former Chief Medical Officer | $1,395,809 |
| Matthew Szot | Former Chief Financial Officer | $1,307,019 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Quang X. Pham | Chief Executive Officer | $1,223,381 |
| Matthew Szot | Chief Financial Officer | $868,279 |
| Jeffrey Cole | Chief Operating Officer | $726,301 |
| James Ferguson | Former Chief Medical Officer | — |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Quang X. Pham | Chief Executive Officer | $967,000 |
| Quang Pham | Chief Executive Officer | $967,000 |
| Matthew Szot | Chief Financial Officer | $844,890 |
| Douglas Losordo | Chief Medical Officer | $528,690 |
| Jeffrey Cole | Chief Operating Officer | $24,875 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Quang Pham | Chief Executive Officer | $816,223 |
| Douglas Losordo | Chief Medical Officer | $648,560 |
| Matthew Szot | Chief Financial Officer | $359,605 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| James J. Ferguson III | Chief Medical Officer | Resigned | 2026-07-17 |
| James J. Ferguson III | Chief Medical Officer | Resigned | 2026-07-10 |
| Glynn Wilson | Class I director | Resigned | 2026-06-29 |
| Steven Zelenkofske | Class III member of the Board | Resigned | 2026-06-29 |
| Quang X. Pham | interim Principal Accounting Officer | Appointed | 2026-06-03 |
| Quang X. Pham | interim Chief Financial Officer | Appointed | 2026-06-03 |
| Matthew K. Szot | Chief Financial Officer | Terminated | 2026-06-03 |
| Lee Scott Golden, M.D. | Class II director | Appointed | 2025-12-01 |
| Robert Lisicki | Class II Director | Resigned | 2025-07-18 |
| James J. Ferguson III | Chief Medical Officer | Appointed | 2025-02-07 |
| Robert Lisicki | Class II director | Appointed | 2024-07-31 |
| John Murphy | Class II director | Appointed | 2024-07-31 |
| Jeffrey Cole | Chief Operating Officer | Appointed | 2024-02-12 |
| Robert Lisicki | Class II director | Appointed | 2023-07-24 |
| Matthew K. Szot | Chief Financial Officer | Appointed | 2023-01-25 |
| John Murphy | Class II director | Appointed | 2023-01-25 |
| Steven Zelenkofske | Class III director | Appointed | 2023-01-25 |
| Glynn Wilson | Class I director | Appointed | 2023-01-25 |
Key facts
CIK
1937993
CUSIP
127636207
13F (30d)
16 filings
16 filers
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