Home / Going-concern warnings / BIOMERICA INC
Filed 2026-08-31 路 Form 10-K 路 Accession 0001493152-26-040851 nano
Price before filing: $2.14 (2026-08-28 close, split/dividend-adjusted)
Market cap at flag: $6.3M (2026-08-31) 路 Latest: $6.1M (2026-10-16)
| Window | BMRA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +5.6% | -0.6% | +6.2% | 2026-09-30 |
| 90 days | pending | pending | until 2026-11-29 | |
| 180 days | pending | pending | until 2027-02-27 |
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: 5 insiders bought $158K (5 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-08-20 | Gary M. Huff Director | Purchase | 31,250 | $1.60 | $50K | no | Form 4 |
| 2026-08-26 | BARBIERI ALLEN Executive Vice Chairman, Director | Purchase | 20,000 | $1.60 | $32K | no | Form 4 |
| 2026-08-26 | Chin Eric Director | Purchase | 6,250 | $1.60 | $10K | no | Form 4 |
| 2026-08-26 | Irani Zackary S. Chief Executive Officer, Director | Purchase | 31,250 | $1.60 | $50K | no | Form 4 |
| 2026-08-26 | MOATAZEDI DAVID Director | Purchase | 10,000 | $1.60 | $16K | no | Form 4 |
| 2026-08-31: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-06-02 to 2026-09-30. 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 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 2026-05-31)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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