Home / Going-concern warnings / EBR Systems, Inc.
Filed 2026-05-11 路 Form 10-Q 路 Accession 0001214659-26-005938 micro
Price before filing: $0.45 (2026-05-08 close, split/dividend-adjusted)
Market cap at flag: $202.7M (2026-05-11) 路 Latest: $56.5M (2026-10-15)
| Window | EBRCZ | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -58.4% | -1.7% | -56.8% | 2026-06-10 |
| 90 days | -47.6% | +5.1% | -52.6% | 2026-08-10 |
| 180 days | pending | pending | until 2026-11-07 |
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.
"Based on the Company's cash, cash equivalents, and marketable securities as of March 31, 2026, and its expectation to generate operating losses and negative operating cash flows in the foreseeable future, as well as potential liquidity to become less than the $2.5 million required under its existing debt covenants during the next twelve months, there exists substantial doubt regarding the Company's ability to..."
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 →
Not investment advice. Automated summary; verify against the filing.
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