Home / Going-concern warnings / MGT CAPITAL INVESTMENTS, INC.
Filed 2025-11-10 路 Form 10-K 路 Accession 0001493152-25-021523 nano
Price before filing: $0.0001 (2025-11-07 close, split/dividend-adjusted)
Market cap at flag: $300,916 (2025-11-10) 路 Latest: $6.2M (2026-10-16)
| Window | MGTI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +100.0% | +2.5% | +97.5% | 2025-12-10 |
| 90 days | +2600.0% | +3.7% | +2596.3% | 2026-02-09 |
| 180 days | +2900.0% | +10.8% | +2889.2% | 2026-05-11 |
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: 3 insiders bought 1,750,000,000 shares (4 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-09-22 | Kittrell Grady (+2 joint filers) 10% owner | Purchase | 500,000,000 | n/a | n/a | no | Form 4 |
| 2025-09-22 | Kittrell Grady (+2 joint filers) 10% owner | Purchase | 650,000,000 | n/a | n/a | no | Form 4 |
| 2025-09-23 | Onghai Michael Director | Purchase | 500,000,000 | n/a | n/a | no | Form 4 |
| 2025-09-23 | PFOHL JONATHAN M INTERIM CEO & CFO | Purchase | 100,000,000 | n/a | n/a | no | Form 4 |
| 2025-11-10: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-12 to 2025-12-10. 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.
"Our independent auditors have indicated in their report on our December 31, 2024 and 2023 financial statements that there is substantial doubt about our 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-K (period 2024-12-31)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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