Home / Going-concern warnings / Accustem Sciences Inc.

5/5Accustem Sciences Inc. (ACUT): Going-concern doubt

Filed 2025-04-03 路 Form 10-K 路 Accession 0001641172-25-002594 nano

Market data

Price before filing: $0.55 (2025-04-02 close, split/dividend-adjusted)
Market cap at flag: $8.8M (2025-04-03) 路 Latest: $2.4M (2026-10-12)

What happened next

WindowACUTSPYvs SPY
30 days-7.3%-0.2%-7.1%2025-05-05
90 days+63.6%+10.2%+53.4%2025-07-02
180 days+207.3%+18.7%+188.6%2025-09-30

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.

Insider trading around this filing

90 days before the flag: 1 insider bought $45K (1 purchase)
30 days after: 1 insider bought $59K (4 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-03-18CERRONE GABRIELE M
Director, 10% owner
Purchase100,000$0.45$45KnoForm 4
2025-04-03: red flag filed
2025-04-07CERRONE GABRIELE M
Director, 10% owner
Purchase17,802$0.61$11KnoForm 4
2025-04-07CERRONE GABRIELE M
Director, 10% owner
Purchase35,000$0.65$23KnoForm 4
2025-04-08CERRONE GABRIELE M
Director, 10% owner
Purchase35,000$0.67$23KnoForm 4
2025-04-09CERRONE GABRIELE M
Director, 10% owner
Purchase3,000$0.67$2KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-03 to 2025-05-03. 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.

Verified excerpt

"These conditions raise substantial doubt about its ability to continue as a going concern."

Quoted from the filing. Source

What this means

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 2024-12-31)

Why this score: in auditor's report

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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