Home / Going-concern warnings / Marpai, Inc.

3/5Marpai, Inc. (MRAI): Going-concern doubt

Filed 2025-11-12 路 Form 10-Q 路 Accession 0001213900-25-109390 nano

Market data

Price before filing: $1.49 (2025-11-11 close, split/dividend-adjusted)
Market cap at flag: $25.3M (2025-11-12) 路 Latest: $80.9M (2026-10-16)

What happened next

WindowMRAISPYvs SPY
30 days-46.3%-0.2%-46.1%2025-12-12
90 days-60.4%+1.6%-62.0%2026-02-10
180 days-81.9%+8.9%-90.7%2026-05-11

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.

Verified excerpt

"As a result of the above, in connection with our assessment of going concern considerations in accordance with Financial Accounting Standard Board's ("FASB") Accounting Standards Update ("ASU") 2014-15, "Disclosures of Uncertainties about an Entity's Ability to Continue as a Going Concern," management has determined that our liquidity condition raises substantial doubt about our ability to continue as a going..."

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 2025-09-30)

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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