Home / Going-concern warnings / Karyopharm Therapeutics Inc.
Filed 2025-11-03 路 Form 10-Q 路 Accession 0001193125-25-261667 nano
Price before filing: $5.8 (2025-10-31 close, split/dividend-adjusted)
Market cap at flag: $40.9M (2025-11-03) 路 Latest: $11.3M (2026-10-16)
| Window | KPTI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -5.9% | +0.3% | -6.1% | 2025-12-03 |
| 90 days | +8.8% | +2.3% | +6.5% | 2026-02-02 |
| 180 days | +60.3% | +5.9% | +54.5% | 2026-05-04 |
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: 6 insiders sold $19K (8 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-09-03 | Abate Kristin Chief Accounting Officer | Sale | 12 | $6.78 | $81 | no | Form 4 |
| 2025-09-15 | Abate Kristin Chief Accounting Officer | Sale | 23 | $6.43 | $148 | no | Form 4 |
| 2025-09-15 | Cheng Sohanya Roshan EVP & Chief Commercial Officer | Sale | 325 | $6.43 | $2K | no | Form 4 |
| 2025-09-15 | Mano Michael SVP, General Counsel&Secretary | Sale | 234 | $6.43 | $2K | no | Form 4 |
| 2025-09-15 | Paulson Richard A. President and CEO, Director | Sale | 1,257 | $6.43 | $8K | no | Form 4 |
| 2025-09-15 | Poulton Stuart EVP, Chief Development Officer | Sale | 401 | $6.43 | $3K | no | Form 4 |
| 2025-09-15 | Rangwala Reshma EVP & Chief Medical Officer | Sale | 408 | $6.43 | $3K | no | Form 4 |
| 2025-10-01 | Abate Kristin Chief Accounting Officer | Sale | 362 | $6.30 | $2K | no | Form 4 |
| 2025-11-03: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-05 to 2025-12-03. 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.
"Based on our current business plan and current capital resources, given the uncertainty regarding the availability of additional funding or other strategic alternatives and considering our debt service obligations, and the financial covenant to maintain minimum liquidity, we have concluded that there is substantial doubt regarding our ability to continue as a going concern within one year after the date the..."
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 2025-09-30)
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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