Home / Going-concern warnings / Xos, Inc.

3/5Xos, Inc. (XOS): Going-concern doubt

Filed 2026-05-14 路 Form 10-Q 路 Accession 0001819493-26-000044 nano

Market data

Price before filing: $2.03 (2026-05-13 close, split/dividend-adjusted)
Market cap at flag: $22.9M (2026-05-14) 路 Latest: $35.4M (2026-10-16)

What happened next

WindowXOSSPYvs SPY
30 days+68.0%+1.7%+66.3%2026-06-15
90 days+29.6%+4.3%+25.2%2026-08-12
180 dayspendingpendinguntil 2026-11-10

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 sold $9K (1 sale)
30 days after: 3 insiders sold $2.2M (7 sales)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-03-31Bernstein Stuart N.
Director
Sale5,179$1.64$9KnoForm 4/A
2026-05-14: red flag filed
2026-05-20Bernstein Stuart N.
Director
Sale4,921$2.00$10KnoForm 4
2026-06-03Emerald Green Trust
10% owner
Sale98,800$5.97$590KnoForm 4
2026-06-03Emerald Green Trust
10% owner
Sale21,160$6.46$137KnoForm 4
2026-06-04Bernstein Stuart N.
Director
Sale4,000$5.26$21KnoForm 4
2026-06-04Emerald Green Trust
10% owner
Sale200,000$5.03$1.0MnoForm 4
2026-06-04Emerald Green Trust
10% owner
Sale80,040$5.78$463KnoForm 4
2026-06-08OSTERMANN DIETMAR
Director
Sale3,351$4.45$15KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-02-13 to 2026-06-13. 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 and events raise substantial doubt about the Company's 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: 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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