Home / Going-concern warnings / FTC Solar, Inc.
Filed 2026-05-05 路 Form 10-Q 路 Accession 0001193125-26-205290 micro
Price before filing: $5.17 (2026-05-04 close, split/dividend-adjusted)
Market cap at flag: $53.7M (2026-05-05) 路 Latest: $25.8M (2026-10-16)
| Window | FTCI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +4.3% | +5.4% | -1.2% | 2026-06-04 |
| 90 days | -44.9% | +5.8% | -50.7% | 2026-08-03 |
| 180 days | pending | pending | until 2026-11-01 | |
| 1 year | pending | pending | until 2027-05-05 |
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: no open-market insider sales or purchases reported.
30 days after: 3 insiders bought $145K (4 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-05-05: red flag filed | |||||||
| 2026-05-06 | ALVAREZ ANTONIO R Director | Purchase | 2,500 | $3.98 | $10K | no | Form 4 |
| 2026-05-06 | Carroll Anthony Chief Executive Officer, Director | Purchase | 7,250 | $3.43 | $25K | no | Form 4 |
| 2026-05-06 | SADASIVAM SHAKER Director | Purchase | 27,025 | $3.70 | $100K | no | Form 4 |
| 2026-05-07 | ALVAREZ ANTONIO R Director | Purchase | 2,500 | $4.23 | $11K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-02-04 to 2026-06-04. 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, we have concluded that substantial doubt exists as to our ability to continue as a going concern within the next year."
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 2026-03-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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