Risk factors

Werewolf Therapeutics (HOWL) risk factors

Item 1A of every Werewolf Therapeutics, Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    94 risks, 13 new, 2 dropped, 14 reworded since the prior year. Werewolf Therapeutics faces a going concern warning with $57.1 million in cash and substantial operating losses.

    Filed Mar 27, 2026
  • FY2024 10-K risk factors

    83 risks. This biopharmaceutical company faces substantial clinical development and financial risks typical of an early-stage enterprise without approved products or commercial revenue. The company relies heavily on its unproven PREDATOR platform and lead INDUKINE candidates, WTX-124 and WTX-330, to generate future value. Operations depend significantly on third-party contract manufacturing, patent protection, and ongoing capital raises while carrying a term loan facility.

    Filed Mar 11, 2025