Home / Going-concern warnings / Marpai, Inc.

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

Filed 2026-08-13 路 Form 10-Q 路 Accession 0001213900-26-089120 micro

Market data

Price before filing: $2.16 (2026-08-12 close, split/dividend-adjusted)
Market cap at flag: $56.6M (2026-08-13) 路 Latest: $80.9M (2026-10-16)

What happened next

WindowMRAISPYvs SPY
30 days+62.0%-1.5%+63.5%2026-09-14
90 dayspendingpendinguntil 2026-11-11
180 dayspendingpendinguntil 2027-02-09

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: 2 insiders bought $3K (2 purchases)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-05-20EITAN YARON
Director
Purchase10,000$0.27$3KnoForm 4
2026-06-02Johnson Steve Andrew
Chief Financial Officer
Purchase1,100$0.62$682noForm 4
2026-08-13: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-15 to 2026-09-12. 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

"As a result of the above, in connection with our assessment of going concern considerations in accordance with Financial Accounting Standards 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 2026-06-30)

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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