Home / Going-concern warnings / electroCore, Inc.
Filed 2026-08-06 路 Form 10-Q 路 Accession 0001493152-26-036348 micro
Price before filing: $6.53 (2026-08-05 close, split/dividend-adjusted)
Market cap at flag: $63.0M (2026-08-06) 路 Latest: $73.8M (2026-10-16)
| Window | ECOR | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +39.1% | -0.5% | +39.5% | 2026-09-08 |
| 90 days | pending | pending | until 2026-11-04 | |
| 180 days | pending | pending | until 2027-02-02 |
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: 1 insider sold $80K (2 sales); 1 insider bought $60K (1 purchase)
30 days after: 1 insider sold $200K (3 sales); 1 insider bought $49K (1 purchase)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-05-21 | Errico Thomas J. Director | Purchase | 9,992 | $5.99 | $60K | no | Form 4 |
| 2026-05-22 | Lev Joshua S. CFO and Interim President | Sale | 3,000 | $6.50 | $20K | no | Form 4 |
| 2026-05-28 | Lev Joshua S. CFO and Interim President | Sale | 6,667 | $9.00 | $60K | no | Form 4 |
| 2026-08-06: red flag filed | |||||||
| 2026-08-13 | Errico Thomas J. Director | Purchase | 5,000 | $9.85 | $49K | no | Form 4 |
| 2026-08-21 | Lev Joshua S. CFO and Interim President | Sale | 12,000 | $10.22 | $123K | no | Form 4 |
| 2026-08-24 | Lev Joshua S. CFO and Interim President | Sale | 5,000 | $9.88 | $49K | no | Form 4 |
| 2026-08-25 | Lev Joshua S. CFO and Interim President | Sale | 3,000 | $9.36 | $28K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-08 to 2026-09-05. 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 factors raise substantial doubt regarding the Company's 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 2026-06-30)
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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