Home / Going-concern warnings / Apimeds Pharmaceuticals US, Inc.
Filed 2025-04-15 路 Form 10-K 路 Accession 0001213900-25-032206 nano
Price before filing: n/a (n/a close, split/dividend-adjusted)
Market cap at flag: n/a 路 Latest: $6.6M (2026-10-16)
| Window | APUS | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | n/a | n/a | n/a | |
| 90 days | n/a | n/a | n/a | |
| 180 days | n/a | n/a | n/a |
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 $2.1M (4 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-04-15: red flag filed | |||||||
| 2025-05-12 | Inscobee Inc. 10% owner | Purchase | 500,000 | $4.00 | $2.0M | no | Form 4 |
| 2025-05-12 | Koo Jakap Director | Purchase | 28,500 | $1.99 | $57K | no | Form 4 |
| 2025-05-13 | Kim Christopher Chairman and CMO, Director | Purchase | 19,770 | $1.82 | $36K | no | Form 4 |
| 2025-05-14 | Kim Christopher Chairman and CMO, Director | Purchase | 7,730 | $1.86 | $14K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-15 to 2025-05-15. 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.
"As discussed in Note 1 to the financial statements, the entity has suffered recurring losses from operations and has accumulated deficit that raise substantial doubt about its 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.
Going-concern opinion issued by: Kreit & Chiu CPA LLP
Source: independent auditor report in Form 10-K (period 2024-12-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
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Not investment advice. Automated summary; verify against the filing.
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