Home / Going-concern warnings / Boxlight Corp
Filed 2026-04-15 路 Form 10-K 路 Accession 0001628280-26-025273 nano
Price before filing: $6.84 (2026-04-14 close, split/dividend-adjusted)
Market cap at flag: $4.6M (2026-04-15) 路 Latest: $1.7M (2026-10-16)
| Window | BOXL | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -25.3% | +6.4% | -31.7% | 2026-05-15 |
| 90 days | -42.8% | +8.5% | -51.4% | 2026-07-14 |
| 180 days | -52.6% | +12.6% | -65.2% | 2026-10-12 |
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 $110 (4 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-02-24 | Marklew Shaun Chief Technology Officer | Sale | 13 | $1.65 | $21 | no | Form 4 |
| 2026-02-24 | Nance Henry Chief Operating Officer | Sale | 16 | $1.65 | $26 | no | Form 4 |
| 2026-02-25 | Marklew Shaun Chief Technology Officer | Sale | 18 | $1.55 | $28 | no | Form 4 |
| 2026-02-25 | Nance Henry Chief Operating Officer | Sale | 22 | $1.55 | $34 | no | Form 4 |
| 2026-04-15: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-01-15 to 2026-05-15. 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 conditions, together with our historical operating losses and liquidity constraints, raise substantial doubt about our ability to continue as a going concern for a period of one year following the issuance of these financial statements."
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 2025-12-31)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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