Home / Going-concern warnings / AppTech Payments Corp.
Filed 2026-05-15 路 Form 10-Q 路 Accession 0001683168-26-004002 nano
Price before filing: $0.36 (2026-05-14 close, split/dividend-adjusted)
Market cap at flag: $12.4M (2026-05-15) 路 Latest: $5.9M (2026-10-16)
| Window | APCX | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +18.5% | +0.9% | +17.6% | 2026-06-15 |
| 90 days | +5.6% | +4.2% | +1.3% | 2026-08-13 |
| 180 days | pending | pending | until 2026-11-11 |
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 $102K (8 purchases)
30 days after: 2 insiders bought $139K (7 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-02-24 | LORD ALBERT L Director | Purchase | 50,000 | $0.32 | $16K | no | Form 4 |
| 2026-02-25 | LORD ALBERT L Director | Purchase | 50,000 | $0.37 | $18K | no | Form 4 |
| 2026-02-26 | DeRosa Thomas Joseph Chief Executive Officer | Purchase | 20,000 | $0.34 | $7K | no | Form 4 |
| 2026-02-26 | LORD ALBERT L Director | Purchase | 50,000 | $0.34 | $17K | no | Form 4 |
| 2026-02-27 | LORD ALBERT L Director | Purchase | 50,000 | $0.32 | $16K | no | Form 4 |
| 2026-03-02 | LORD ALBERT L Director | Purchase | 50,000 | $0.31 | $16K | no | Form 4 |
| 2026-03-04 | DeRosa Thomas Joseph Chief Executive Officer | Purchase | 10,000 | $0.33 | $3K | no | Form 4 |
| 2026-03-04 | LORD ALBERT L Director | Purchase | 29,606 | $0.32 | $10K | no | Form 4 |
| 2026-05-15: red flag filed | |||||||
| 2026-05-26 | Lipstein Robert J Director | Purchase | 82,274 | $0.35 | $29K | no | Form 4 |
| 2026-05-26 | Lipstein Robert J Director | Purchase | 12,726 | $0.33 | $4K | no | Form 4 |
| 2026-05-27 | Lipstein Robert J Director | Purchase | 7,000 | $0.35 | $2K | no | Form 4 |
| 2026-06-02 | LORD ALBERT L Director | Purchase | 70,000 | $0.39 | $27K | no | Form 4 |
| 2026-06-03 | LORD ALBERT L Director | Purchase | 70,000 | $0.48 | $34K | no | Form 4 |
| 2026-06-04 | LORD ALBERT L Director | Purchase | 70,000 | $0.49 | $34K | no | Form 4 |
| 2026-06-08 | LORD ALBERT L Director | Purchase | 17,120 | $0.50 | $9K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-02-14 to 2026-06-14. 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.
"The Company's current financial conditions and recurring losses raise substantial doubt about its 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 2026-03-31)
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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