TIL · Instil Bio, Inc.
$7.20
+0.00 (+0.00%)
At close · Jul 24
Going-concern doubt
— cleared May 15, 2026
The latest filing states the doubt was alleviated.
“As discussed above and in Note 8 to the accompanying condensed consolidated financial statements, the 2024 Loan is due in January 2027, for total principal of $85.6 million, which is in excess of cash, cash equivalents, and marketable securities on hand as of March 31, 2026, which we concluded is an indicator of substantial doubt about our ability to continue as a going concern. We concluded that management's plans, including Complex Therapeutics LLC's contractual right to exercise the extension option to January 2028, which is within Complex Therapeutics LLC's control, alleviate the conditions that raise substantial doubt about our ability to continue as a going concern.”View the 10-Q filed May 15, 2026
Market Cap
$48.36M
Shares
6.78M
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 |
|---|---|---|
| Bronson Crouch | CEO | $2,256,412 |
| Sandeep Laumas | CFO | $1,235,987 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Bronson Crouch | CEO | $5,323,858 |
| Sandeep Laumas | CFO | $4,079,428 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Bronson Crouch | CEO | $1,558,881 |
| Sandeep Laumas | CFO | $904,510 |
| Sumita Ray | Chief Legal, Compliance, and Administrative Officer | $730,142 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Bronson Crouch | CEO | $4,892,017 |
| Timothy Moore | COO | $3,399,296 |
| Former Chief Legal | Compliance and Administrative Officer | $2,810,080 |
| Sumita Ray | Chief Legal, Compliance, and Administrative Officer | $2,810,080 |
| Vijay Chiruvolu | Chief Technical Officer | $2,550,072 |
| Sandeep Laumas | CFO | $1,805,670 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Bronson Crouch | CEO | $35,775,826 |
| Vijay Chiruvolu | Chief Technical Officer | $12,123,652 |
| Zachary Roberts | Chief Medical Officer | $6,939,882 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Bronson Crouch | CEO | $5,733,683 |
| Zachary Roberts | Chief Medical Officer | $2,195,754 |