Home / Going-concern warnings / SenesTech, Inc.
Filed 2026-08-06 路 Form 10-Q 路 Accession 0001628280-26-053602 nano
Price before filing: $1.63 (2026-08-05 close, split/dividend-adjusted)
Market cap at flag: $6.7M (2026-08-06) 路 Latest: $3.4M (2026-10-16)
| Window | SNES | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -45.4% | -0.5% | -44.9% | 2026-09-08 |
| 90 days | pending | pending | until 2026-11-04 | |
| 180 days | pending | pending | until 2027-02-02 | |
| 1 year | pending | pending | until 2027-08-06 |
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 bought $264K (18 purchases)
30 days after: 2 insiders bought $29K (3 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-05-14 | Edell Michael Chief Executive Officer, Director | Purchase | 2,000 | $1.70 | $3K | no | Form 4 |
| 2026-05-14 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 15,000 | $1.72 | $26K | no | Form 4 |
| 2026-05-15 | Edell Michael Chief Executive Officer, Director | Purchase | 1,000 | $1.61 | $2K | no | Form 4 |
| 2026-05-15 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 7,120 | $1.65 | $12K | no | Form 4 |
| 2026-05-18 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 10,000 | $1.59 | $16K | no | Form 4 |
| 2026-06-04 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 8,230 | $1.65 | $14K | no | Form 4 |
| 2026-06-05 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 13,159 | $1.57 | $21K | no | Form 4 |
| 2026-06-08 | Edell Michael Chief Executive Officer, Director | Purchase | 1,000 | $1.55 | $2K | no | Form 4 |
| 2026-06-08 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 7,000 | $1.61 | $11K | no | Form 4 |
| 2026-06-17 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 3,264 | $1.61 | $5K | no | Form 4 |
| 2026-06-22 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 5,000 | $1.66 | $8K | no | Form 4 |
| 2026-06-24 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 3,990 | $1.55 | $6K | no | Form 4 |
| 2026-06-25 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 9,442 | $1.53 | $14K | no | Form 4 |
| 2026-06-26 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 6,812 | $1.56 | $11K | no | Form 4 |
| 2026-06-29 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 5,172 | $1.52 | $8K | no | Form 4 |
| 2026-06-30 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 35,000 | $1.51 | $53K | no | Form 4 |
| 2026-07-07 | Edell Michael Chief Executive Officer, Director | Purchase | 1,000 | $1.43 | $1K | no | Form 4 |
| 2026-07-20 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 35,000 | $1.47 | $52K | no | Form 4 |
| 2026-08-06: red flag filed | |||||||
| 2026-08-06 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 15,000 | $1.30 | $19K | no | Form 4 |
| 2026-08-07 | GLENBROOK CAPITAL MANAGEMENT 10% owner | Purchase | 6,490 | $1.30 | $8K | no | Form 4 |
| 2026-08-14 | Edell Michael Chief Executive Officer, Director | Purchase | 1,000 | $1.21 | $1K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-08 to 2026-09-05. 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.
"Management's plans include growing revenue, managing operating expenses, and raising additional capital, including through sales of equity securities under our ATM Facility, and management believes these plans alleviate the substantial doubt that would otherwise exist regarding the Company's ability to continue as a going concern."
Quoted from the filing. Source
Going-concern doubt disclosed, then alleviated: the company said conditions raised substantial doubt about its ability to continue as a going concern, but that its plans or new funding resolve that doubt for the next 12 months. A weaker warning than an unresolved going-concern doubt, but the company recently needed a rescue plan or fresh money to stay afloat.
Source: management disclosure in Form 10-Q (period 2026-06-30)
Status: doubt alleviated (the company says its plans or new funding resolve the substantial doubt it disclosed)
Why this score: substantial doubt disclosed, then alleviated by management's plans or new funding; quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
🔔 Get email alerts for this company
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.