Home / Going-concern warnings / Urgent.ly Inc.
Filed 2025-05-14 路 Form 10-Q 路 Accession 0000950170-25-070947 nano
Price before filing: $8.93 (2025-05-13 close, split/dividend-adjusted)
Market cap at flag: $10.4M (2025-05-14) 路 Latest: $11.4M (2026-04-13)
| Window | ULY | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -51.8% | +1.7% | -53.6% | 2025-06-13 |
| 90 days | -43.1% | +9.8% | -53.0% | 2025-08-12 |
| 180 days | -72.0% | +16.8% | -88.8% | 2025-11-10 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $31K (11 sales)
30 days after: 1 insider sold $16K (2 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-02-18 | Ben Volkow Director | Sale | 7,600 | $0.48 | $4K | yes | Form 4 |
| 2025-02-19 | Ben Volkow Director | Sale | 1,400 | $0.49 | $680 | yes | Form 4 |
| 2025-02-20 | Ben Volkow Director | Sale | 1,500 | $0.48 | $713 | yes | Form 4 |
| 2025-02-21 | Ben Volkow Director | Sale | 3,400 | $0.46 | $2K | yes | Form 4 |
| 2025-02-24 | Ben Volkow Director | Sale | 7,900 | $0.45 | $4K | yes | Form 4 |
| 2025-02-25 | Ben Volkow Director | Sale | 3,100 | $0.43 | $1K | yes | Form 4 |
| 2025-02-26 | Ben Volkow Director | Sale | 2,178 | $0.44 | $963 | yes | Form 4 |
| 2025-03-18 | Ben Volkow Director | Sale | 2,256 | $3.34 | $8K | yes | Form 4 |
| 2025-04-21 | Ben Volkow Director | Sale | 400 | $4.58 | $2K | yes | Form 4 |
| 2025-04-22 | Ben Volkow Director | Sale | 600 | $4.67 | $3K | yes | Form 4 |
| 2025-04-23 | Ben Volkow Director | Sale | 1,256 | $4.75 | $6K | yes | Form 4 |
| 2025-05-14: red flag filed | |||||||
| 2025-05-19 | Ben Volkow Director | Sale | 2,000 | $7.21 | $14K | yes | Form 4 |
| 2025-05-20 | Ben Volkow Director | Sale | 256 | $7.24 | $2K | yes | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-13 to 2025-06-13. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"The Company's liquid assets at March 31, 2025 consist of cash, cash equivalents and restricted cash totaling $ 6,410 and a principal debt balance of $ 56,749 . Combined with the Company's history of operating losses, this raises substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-03-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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