Home / Going-concern warnings / Urgent.ly Inc.
Filed 2025-11-13 路 Form 10-Q 路 Accession 0001193125-25-280131 nano
Price before filing: $2.55 (2025-11-12 close, split/dividend-adjusted)
Market cap at flag: $2.9M (2025-11-13) 路 Latest: $11.4M (2026-04-13)
| Window | ULY | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -14.5% | -0.4% | -14.1% | 2025-12-15 |
| 90 days | -18.4% | +1.6% | -20.0% | 2026-02-11 |
| 180 days | n/a | n/a | n/a | no price after 2026-04-13 |
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 $19K (6 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 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 |
| 2025-09-18 | Ben Volkow Director | Sale | 800 | $3.78 | $3K | yes | Form 4 |
| 2025-09-19 | Ben Volkow Director | Sale | 1,457 | $4.06 | $6K | yes | Form 4 |
| 2025-11-13: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-15 to 2025-12-13. 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 September 30, 2025 consist of cash, cash equivalents and restricted cash tota ling $ 4,003 and a principal debt balance of $ 60,968 . Combi ned 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 2025-09-30)
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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