Home / Going-concern warnings / Crisp Momentum Inc.
Filed 2025-06-20 路 Form 10-Q 路 Accession 0001641172-25-015826 micro
Price before filing: $0.1999 (2025-06-18 close, split/dividend-adjusted)
Market cap at flag: $209.8M (2025-06-20) 路 Latest: $29.3M (2026-10-16)
| Window | CRSF | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -1.2% | +5.6% | -6.8% | 2025-07-21 |
| 90 days | +40.1% | +11.2% | +28.9% | 2025-09-18 |
| 180 days | -2.6% | +13.0% | -15.6% | 2025-12-17 |
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 $60K (1 sale); 1 insider bought 100,471,140 shares (2 purchases)
30 days after: 1 insider sold $45K (1 sale)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-06-03 | IndexAtlas AG (+1 joint filer) Former 10% Owner | Sale | 60,282,684 | $0.00 | $60K | no | Form 4 |
| 2025-06-03 | Jakota Capital AG (+1 joint filer) 10% owner | Purchase | 40,188,456 | n/a | n/a | no | Form 4 |
| 2025-06-03 | Jakota Capital AG (+1 joint filer) 10% owner | Purchase | 60,282,684 | n/a | n/a | no | Form 4 |
| 2025-06-20: red flag filed | |||||||
| 2025-07-11 | Jakota Capital AG (+1 joint filer) 10% owner | Sale | 113,088,077 | $0.00 | $45K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-03-22 to 2025-07-20. 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 factors create substantial doubt about the Company's ability to continue as a going concern within the twelve-month period subsequent to the date that these unaudited consolidated financial statements are issued."
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 2025-04-30)
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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