Home / Going-concern warnings / Inotiv, Inc.
Filed 2025-08-07 路 Form 10-Q 路 Accession 0001628280-25-039017 micro
Price before filing: $2.19 (2025-08-06 close, split/dividend-adjusted)
Market cap at flag: $67.3M (2025-08-07) 路 Latest: $381,183 (2026-07-02)
| Window | NOTV | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -26.9% | +2.5% | -29.5% | 2025-09-08 |
| 90 days | -46.1% | +7.4% | -53.5% | 2025-11-05 |
| 180 days | -78.2% | +9.6% | -87.8% | 2026-02-03 |
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 $13K (3 sales)
30 days after: 1 insider sold $3K (1 sale)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-06-02 | Neff R Matthew Director | Sale | 2,000 | $2.62 | $5K | yes | Form 4 |
| 2025-07-01 | Neff R Matthew Director | Sale | 2,000 | $1.81 | $4K | yes | Form 4 |
| 2025-08-01 | Neff R Matthew Director | Sale | 2,000 | $1.91 | $4K | yes | Form 4 |
| 2025-08-07: red flag filed | |||||||
| 2025-09-02 | Neff R Matthew Director | Sale | 2,000 | $1.67 | $3K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-09 to 2025-09-06. 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.
"As a result, substantial doubt about the Company's ability to continue as a going concern exists."
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 2025-06-30)
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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