Home / Going-concern warnings / CV Sciences, Inc.
Filed 2026-08-13 路 Form 10-Q 路 Accession 0001193125-26-349211 nano
Price before filing: $0.0225 (2026-08-12 close, split/dividend-adjusted)
Market cap at flag: $5.2M (2026-08-13) 路 Latest: $2.9M (2026-10-16)
| Window | CVSI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -16.9% | -1.5% | -15.4% | 2026-09-14 |
| 90 days | pending | pending | until 2026-11-11 | |
| 180 days | pending | pending | until 2027-02-09 |
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 bought $115K (10 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-07-16 | CHEEVER CHARLIE E III 10% owner | Purchase | 91,387 | $0.02 | $2K | no | Form 4 |
| 2026-07-17 | CHEEVER CHARLIE E III 10% owner | Purchase | 749,000 | $0.02 | $15K | no | Form 4 |
| 2026-07-21 | CHEEVER CHARLIE E III 10% owner | Purchase | 335,000 | $0.02 | $7K | no | Form 4 |
| 2026-07-22 | CHEEVER CHARLIE E III 10% owner | Purchase | 272,500 | $0.02 | $5K | no | Form 4 |
| 2026-07-24 | CHEEVER CHARLIE E III 10% owner | Purchase | 470,075 | $0.02 | $9K | no | Form 4 |
| 2026-07-28 | CHEEVER CHARLIE E III 10% owner | Purchase | 1,830,000 | $0.02 | $37K | no | Form 4 |
| 2026-07-29 | CHEEVER CHARLIE E III 10% owner | Purchase | 60,000 | $0.02 | $1K | no | Form 4 |
| 2026-07-31 | CHEEVER CHARLIE E III 10% owner | Purchase | 1,730,000 | $0.02 | $35K | no | Form 4 |
| 2026-08-04 | CHEEVER CHARLIE E III 10% owner | Purchase | 108,000 | $0.02 | $2K | no | Form 4 |
| 2026-08-07 | CHEEVER CHARLIE E III 10% owner | Purchase | 94,854 | $0.02 | $2K | no | Form 4 |
| 2026-08-13: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-15 to 2026-09-12. 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 financial operating results and accumulated deficit, amongst other factors, raise 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 2026-06-30)
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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