Home / Going-concern warnings / Eos Energy Enterprises, Inc.
Filed 2025-11-05 路 Form 10-Q 路 Accession 0001628280-25-049588 mid
Price before filing: $14.1 (2025-11-04 close, split/dividend-adjusted)
Market cap at flag: $3.88B (2025-11-05) 路 Latest: $618.4M (2026-10-16)
| Window | EOSE | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +6.3% | +1.5% | +4.8% | 2025-12-05 |
| 90 days | +2.2% | +2.4% | -0.2% | 2026-02-03 |
| 180 days | -54.8% | +6.9% | -61.7% | 2026-05-04 |
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: 2 insiders sold $683K (3 sales)
30 days after: 3 insiders sold $8.9M (4 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-09-03 | Walters Marian Director | Sale | 50,000 | $7.90 | $395K | no | Form 4 |
| 2025-09-08 | Puri Sumeet Chief Accounting Officer | Sale | 20,501 | $6.98 | $143K | yes | Form 4 |
| 2025-09-08 | Puri Sumeet Chief Accounting Officer | Sale | 20,000 | $7.25 | $145K | yes | Form 4 |
| 2025-11-05: red flag filed | |||||||
| 2025-12-04 | Bornstein Jeffrey S Director | Sale | 8,000 | $15.75 | $126K | no | Form 4 |
| 2025-12-04 | Walters Marian Director | Sale | 50,000 | $15.81 | $790K | no | Form 4 |
| 2025-12-05 | Bornstein Jeffrey S Director | Sale | 32,328 | $15.05 | $487K | no | Form 4 |
| 2025-12-05 | Stidolph Russell Monoki Director | Sale | 500,000 | $14.99 | $7.5M | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-07 to 2025-12-05. 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 uncertainties 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: management disclosure in Form 10-Q (period 2025-09-30)
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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