Home / Going-concern warnings / BIO KEY INTERNATIONAL INC
Filed 2025-04-23 路 Form 10-K 路 Accession 0001437749-25-012824 nano
Price before filing: $6.88 (2025-04-22 close, split/dividend-adjusted)
Market cap at flag: $4.2M (2025-04-23) 路 Latest: $2.7M (2026-10-16)
| Window | BKYI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +14.7% | +9.8% | +4.8% | 2025-05-23 |
| 90 days | +23.5% | +19.6% | +3.9% | 2025-07-22 |
| 180 days | +7.3% | +28.1% | -20.8% | 2025-10-20 |
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: no open-market insider sales or purchases reported.
30 days after: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-23 to 2025-05-23. 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.
"The audit report of Marcum on the Company's consolidated financial statements as of and for the fiscal year ended December 31, 2022 did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope or accounting principles except that the report included an explanatory paragraph raising substantial doubt about the Company's ability to continue as a going..."
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-K (period 2024-12-31)
Why this score: also within 90 days: Late annual report (NT 10-K)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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