Home / Going-concern warnings / Neuronetics, Inc.
Filed 2026-08-11 路 Form 10-Q 路 Accession 0001104659-26-094078 micro
Price before filing: $2.17 (2026-08-10 close, split/dividend-adjusted)
Market cap at flag: $227.7M (2026-08-11) 路 Latest: $134.9M (2026-10-16)
| Window | STIM | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +38.7% | -2.0% | +40.7% | 2026-09-10 |
| 90 days | pending | pending | until 2026-11-09 | |
| 180 days | pending | pending | until 2027-02-07 | |
| 1 year | pending | pending | until 2027-08-11 |
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 bought $179K (2 purchases)
30 days after: 1 insider bought $44K (1 purchase)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-05-19 | Chernett Jorey 10% owner | Purchase | 100,000 | $1.17 | $117K | no | Form 4 |
| 2026-07-14 | Chernett Jorey 10% owner | Purchase | 35,000 | $1.78 | $62K | no | Form 4 |
| 2026-08-11: red flag filed | |||||||
| 2026-08-14 | Chernett Jorey 10% owner | Purchase | 14,000 | $3.16 | $44K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-13 to 2026-09-10. 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.
"Therefore, substantial doubt exists 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 2026-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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