Home / Going-concern warnings / CytoDyn Inc.
Filed 2025-07-25 路 Form 10-K 路 Accession 0001558370-25-009617 small
Price before filing: $0.2935 (2025-07-24 close, split/dividend-adjusted)
Market cap at flag: $371.5M (2025-07-25) 路 Latest: $312.4M (2026-10-16)
| Window | CYDY | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +5.6% | +1.3% | +4.4% | 2025-08-25 |
| 90 days | -13.6% | +6.2% | -19.8% | 2025-10-23 |
| 180 days | -13.3% | +8.7% | -21.9% | 2026-01-21 |
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 2025-04-26 to 2025-08-24. 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, among others, including the various matters discussed in Note 9, Commitments and Contingencies, raise 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: independent auditor report in Form 10-K (period 2025-05-31)
Why this score: in auditor's report; also within 90 days: Auditor change
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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