Home / Going-concern warnings / Bluejay Diagnostics, Inc.
Filed 2026-05-07 路 Form 10-Q 路 Accession 0001213900-26-053328 nano
Price before filing: $1.89 (2026-05-06 close, split/dividend-adjusted)
Market cap at flag: $817,258 (2026-05-07) 路 Latest: $1.5M (2026-10-16)
| Window | BJDX | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +176.7% | +0.7% | +176.0% | 2026-06-08 |
| 90 days | -34.4% | +5.2% | -39.6% | 2026-08-05 |
| 180 days | pending | pending | until 2026-11-03 |
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: 5 insiders bought $125K (5 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-03-14 | CHASE DONALD R Director | Purchase | 12,500 | $2.00 | $25K | no | Form 4 |
| 2026-03-14 | Dey Indranil President and CEO, Director | Purchase | 12,500 | $2.00 | $25K | no | Form 4 |
| 2026-03-14 | Dey Svetlana Director | Purchase | 12,500 | $2.00 | $25K | no | Form 4 |
| 2026-03-14 | Wurth Douglas Clark Director | Purchase | 12,500 | $2.00 | $25K | no | Form 4 |
| 2026-03-14 | ZEIDMAN FRED S Director | Purchase | 12,500 | $2.00 | $25K | no | Form 4 |
| 2026-05-07: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-02-06 to 2026-06-06. 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.
"These financial results and financial position, and the Company's expected forward-looking outlook of significant negative cash flow in the future, raise substantial doubt with respect to 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.
Source: management disclosure in Form 10-Q (period 2026-03-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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