Home / Going-concern warnings / Marpai, Inc.

4/5Marpai, Inc. (MRAI): Going-concern doubt

Filed 2026-03-25 路 Form 10-K 路 Accession 0001213900-26-034129 nano

Market data

Price before filing: $0.46 (2026-03-24 close, split/dividend-adjusted)
Market cap at flag: $11.1M (2026-03-25) 路 Latest: $80.9M (2026-10-16)

What happened next

WindowMRAISPYvs SPY
30 days-40.3%+9.3%-49.6%2026-04-24
90 days+39.4%+12.6%+26.8%2026-06-23
180 days+637.0%+19.0%+617.9%2026-09-21

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

"The consolidated financial statements for the year ended December 31, 2025, include an explanatory paragraph in our independent registered public accounting firm's audit report stating that there are conditions that raise substantial doubt about our ability to continue as a going concern."

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-K (period 2025-12-31)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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