Home / Going-concern warnings / Synergy CHC Corp.

3/5Synergy CHC Corp. (SNYR): Going-concern doubt

Filed 2025-08-14 ยท Form 10-Q ยท Accession 0001213900-25-076060 nano

Market data

Price before filing: $3.86 (2025-08-13 close, split/dividend-adjusted)
Market cap at flag: $35.9M (2025-08-14) ยท Latest: $161,645 (2026-09-28)

What happened next

WindowSNYRSPYvs SPY
30 days-42.7%+2.5%-45.2%2025-09-15
90 days-45.1%+6.3%-51.3%2025-11-12
180 days-54.4%+7.9%-62.3%2026-02-10

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.

Insider trading around this filing

90 days before the flag: 1 insider bought $109K (30 purchases)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-06-02Ross Jack
CEO and Chairman, Director, 10% owner
Purchase2,400$1.74$4KnoForm 4
2025-06-03Ross Jack
CEO and Chairman, Director, 10% owner
Purchase9,400$1.77$17KnoForm 4
2025-06-04Ross Jack
CEO and Chairman, Director, 10% owner
Purchase1,600$2.07$3KnoForm 4
2025-06-05Ross Jack
CEO and Chairman, Director, 10% owner
Purchase800$2.03$2KnoForm 4
2025-06-09Ross Jack
CEO and Chairman, Director, 10% owner
Purchase700$2.17$2KnoForm 4
2025-06-10Ross Jack
CEO and Chairman, Director, 10% owner
Purchase1,200$2.14$3KnoForm 4
2025-06-11Ross Jack
CEO and Chairman, Director, 10% owner
Purchase900$2.19$2KnoForm 4
2025-06-13Ross Jack
CEO and Chairman, Director, 10% owner
Purchase100$2.15$215noForm 4
2025-06-16Ross Jack
CEO and Chairman, Director, 10% owner
Purchase450$2.28$1KnoForm 4
2025-06-17Ross Jack
CEO and Chairman, Director, 10% owner
Purchase100$2.48$248noForm 4
2025-06-18Ross Jack
CEO and Chairman, Director, 10% owner
Purchase600$2.23$1KnoForm 4
2025-06-20Ross Jack
CEO and Chairman, Director, 10% owner
Purchase10,300$2.60$27KnoForm 4
2025-06-23Ross Jack
CEO and Chairman, Director, 10% owner
Purchase400$2.61$1KnoForm 4
2025-06-24Ross Jack
CEO and Chairman, Director, 10% owner
Purchase600$2.63$2KnoForm 4
2025-06-26Ross Jack
CEO and Chairman, Director, 10% owner
Purchase650$2.55$2KnoForm 4
2025-06-27Ross Jack
CEO and Chairman, Director, 10% owner
Purchase100$2.60$260noForm 4
2025-06-30Ross Jack
CEO and Chairman, Director, 10% owner
Purchase2,600$2.69$7KnoForm 4
2025-07-01Ross Jack
CEO and Chairman, Director, 10% owner
Purchase250$3.05$762noForm 4
2025-07-02Ross Jack
CEO and Chairman, Director, 10% owner
Purchase3,750$3.23$12KnoForm 4
2025-07-03Ross Jack
CEO and Chairman, Director, 10% owner
Purchase1,750$3.22$6KnoForm 4
2025-07-07Ross Jack
CEO and Chairman, Director, 10% owner
Purchase700$3.26$2KnoForm 4
2025-07-08Ross Jack
CEO and Chairman, Director, 10% owner
Purchase800$3.36$3KnoForm 4
2025-07-09Ross Jack
CEO and Chairman, Director, 10% owner
Purchase400$3.15$1KnoForm 4
2025-07-10Ross Jack
CEO and Chairman, Director, 10% owner
Purchase1,400$3.19$4KnoForm 4
2025-07-11Ross Jack
CEO and Chairman, Director, 10% owner
Purchase750$3.20$2KnoForm 4
2025-08-14: red flag filed

Showing 25 of 30 transactions.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-16 to 2025-09-13. 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.

Verified excerpt

"The Company considered the following: โ— At June 30, 2025, the Company had an accumulated deficit of $ 41,750,312 . โ— During the six months ended June 30, 2025, there was a decrease in revenue of $ 1,131,173 . โ— During the six months ended June 30, 2025, the Company had $ 899,731 of net cash used in operating activities Ordinarily, conditions or events that raise substantial doubt about an entity's ability to..."

Quoted from the filing. Source

What this means

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 2025-06-30)

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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