Home / Going-concern warnings / Urgent.ly Inc.

3/5Urgent.ly Inc. (ULY): Going-concern doubt

Filed 2025-08-13 路 Form 10-Q 路 Accession 0000950170-25-108023 nano

Market data

Price before filing: $5.08 (2025-08-12 close, split/dividend-adjusted)
Market cap at flag: $5.9M (2025-08-13) 路 Latest: $11.4M (2026-04-13)

What happened next

WindowULYSPYvs SPY
30 days-21.3%+2.3%-23.5%2025-09-12
90 days-52.2%+6.6%-58.7%2025-11-11
180 days-56.5%+8.6%-65.1%2026-02-09

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.

Insider trading around this filing

90 days before the flag: 1 insider sold $40K (4 sales)
30 days after: 1 insider sold $11K (4 sales)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-05-19Ben Volkow
Director
Sale2,000$7.21$14KyesForm 4
2025-05-20Ben Volkow
Director
Sale256$7.24$2KyesForm 4
2025-06-18Ben Volkow
Director
Sale2,256$4.04$9KyesForm 4
2025-07-18Ben Volkow
Director
Sale2,256$6.68$15KyesForm 4
2025-08-13: red flag filed
2025-08-18Ben Volkow
Director
Sale300$4.93$1KyesForm 4
2025-08-19Ben Volkow
Director
Sale600$4.78$3KyesForm 4
2025-08-20Ben Volkow
Director
Sale800$4.59$4KyesForm 4
2025-08-21Ben Volkow
Director
Sale556$4.55$3KyesForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-15 to 2025-09-12. 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.

Verified excerpt

"The Company's liquid assets at June 30, 2025 consist of cash, cash equivalents and restricted cash totaling $ 4,830 and a principal debt balance of $ 55,304 . 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

What this means

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 2025-06-30)

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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