IGC · IGC Pharma, Inc.
$0.24
-0.02 (-7.34%)
At close · Jul 29
Going-concern doubt
— cleared May 15, 2026
The latest filing states the doubt was alleviated.
“raise substantial doubt about its ability to continue as a going concern. The Company is currently in the clinical trial stage and has not yet achieved profitability. The Company expects to continue to incur significant operating and net losses, as well as negative cash flow from operations, in the near future.”View the 10-Q filed May 15, 2026
Market Cap
$25.92M
Shares
100.09M
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 |
|---|---|---|
| Ram Mukunda | CEO | $568 |
| Claudia Grimaldi | Vice President, Principal Financial Officer, Chief Compliance Officer, and Director | $259 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Ram Mukunda | CEO | $1,821 |
| Claudia Grimaldi | Vice President, Principal Financial Officer, Chief Compliance Officer, and Director | $717 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Ram Mukunda | CEO | $1,006 |
| Claudia Grimaldi | Vice President, Principal Financial Officer, Chief Compliance Officer, and Director | $320 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Ram Mukunda | CEO | $5,547 |
| Claudia Grimaldi | Vice President, Principal Financial Officer, Chief Compliance Officer, and Director | $761 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Ram Mukunda | CEO | $801 |
| Claudia Grimaldi | Vice President, Principal Financial Officer, Chief Compliance Officer, and Director | $248 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Ram Mukunda | CEO | $719,000 |
| Claudia Grimaldi | Vice President, Principal Financial Officer, Chief Compliance Officer, and Director | $321,000 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Ram Mukunda | CEO | $712,000 |
| Claudia Grimaldi | Vice President, Principal Financial Officer, Chief Compliance Officer, and Director | $297,000 |