Home / Going-concern warnings / Xos, Inc.
Filed 2025-05-15 路 Form 10-Q 路 Accession 0001819493-25-000081 nano
Price before filing: $3.77 (2025-05-14 close, split/dividend-adjusted)
Market cap at flag: $29.3M (2025-05-15) 路 Latest: $35.4M (2026-10-16)
| Window | XOS | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -18.3% | +2.6% | -20.9% | 2025-06-16 |
| 90 days | -7.4% | +10.1% | -17.5% | 2025-08-13 |
| 180 days | -36.1% | +16.9% | -53.0% | 2025-11-11 |
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: no open-market insider sales or purchases reported.
30 days after: 1 insider sold $16K (2 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-05-15: red flag filed | |||||||
| 2025-05-27 | Ingargiola Luisa Director | Sale | 1,305 | $3.31 | $4K | no | Form 4 |
| 2025-05-28 | Ingargiola Luisa Director | Sale | 3,468 | $3.31 | $11K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-14 to 2025-06-14. 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.
"These conditions and events raise substantial doubt about the Company's 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 2025-03-31)
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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