BioVie Inc. is contemplating filing for bankruptcy, as of August 30, 2021. According to SEC filing, Company said that it has not generated any revenues and no revenues are expected in the foreseeable future. The Companys future operations are dependent on the success of the Companys ongoing development and commercialization effort, as well as continuing to secure additional financing. The future viability of the Company is largely dependent upon its ability to raise additional capital to finance its operations. If the company does not have sufficient funds to continue operations, it could be required to seek bankruptcy protection.