Home / Going-concern warnings / Urgent.ly Inc.
Filed 2025-08-13 路 Form 10-Q 路 Accession 0000950170-25-108023 nano
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)
| Window | ULY | SPY | vs 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.
90 days before the flag: 1 insider sold $40K (4 sales)
30 days after: 1 insider sold $11K (4 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 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 |
| 2025-06-18 | Ben Volkow Director | Sale | 2,256 | $4.04 | $9K | yes | Form 4 |
| 2025-07-18 | Ben Volkow Director | Sale | 2,256 | $6.68 | $15K | yes | Form 4 |
| 2025-08-13: red flag filed | |||||||
| 2025-08-18 | Ben Volkow Director | Sale | 300 | $4.93 | $1K | yes | Form 4 |
| 2025-08-19 | Ben Volkow Director | Sale | 600 | $4.78 | $3K | yes | Form 4 |
| 2025-08-20 | Ben Volkow Director | Sale | 800 | $4.59 | $4K | yes | Form 4 |
| 2025-08-21 | Ben Volkow Director | Sale | 556 | $4.55 | $3K | yes | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-15 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.
"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
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 →
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