Home / Going-concern warnings / EXOZYMES INC.
Filed 2026-08-13 路 Form 10-Q 路 Accession 0001493152-26-037725 micro
Price before filing: $5.76 (2026-08-12 close, split/dividend-adjusted)
Market cap at flag: $52.0M (2026-08-13) 路 Latest: $35.4M (2026-10-16)
| Window | EXOZ | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +9.0% | -1.5% | +10.5% | 2026-09-14 |
| 90 days | pending | pending | until 2026-11-11 | |
| 180 days | pending | pending | until 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.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 1 insider bought $6K (5 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-08-13: red flag filed | |||||||
| 2026-08-25 | Heltzen Michael Chief Executive Officer | Purchase | 250 | $7.52 | $2K | no | Form 4 |
| 2026-08-25 | Heltzen Michael Chief Executive Officer | Purchase | 100 | $7.50 | $750 | no | Form 4 |
| 2026-08-26 | Heltzen Michael Chief Executive Officer | Purchase | 251 | $7.35 | $2K | no | Form 4 |
| 2026-08-26 | Heltzen Michael Chief Executive Officer | Purchase | 4 | $7.58 | $30 | no | Form 4 |
| 2026-08-26 | Heltzen Michael Chief Executive Officer | Purchase | 250 | $7.60 | $2K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-15 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.
"Additional Risk Factors Management has concluded that there is substantial doubt about 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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