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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.
Posted In: TVGN
