Home / Going-concern warnings / Xos, Inc.
Filed 2026-08-13 路 Form 10-Q 路 Accession 0001819493-26-000054 nano
Price before filing: $2.63 (2026-08-12 close, split/dividend-adjusted)
Market cap at flag: $32.5M (2026-08-13) 路 Latest: $35.4M (2026-10-16)
| Window | XOS | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -1.9% | -1.5% | -0.4% | 2026-09-14 |
| 90 days | pending | pending | until 2026-11-11 | |
| 180 days | pending | pending | until 2027-02-09 |
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: 5 insiders sold $2.4M (26 sales)
30 days after: 3 insiders sold $404K (5 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-05-20 | Bernstein Stuart N. Director | Sale | 4,921 | $2.00 | $10K | no | Form 4 |
| 2026-06-03 | Emerald Green Trust 10% owner | Sale | 98,800 | $5.97 | $590K | no | Form 4 |
| 2026-06-03 | Emerald Green Trust 10% owner | Sale | 21,160 | $6.46 | $137K | no | Form 4 |
| 2026-06-04 | Bernstein Stuart N. Director | Sale | 4,000 | $5.26 | $21K | no | Form 4 |
| 2026-06-04 | Emerald Green Trust 10% owner | Sale | 200,000 | $5.03 | $1.0M | no | Form 4 |
| 2026-06-04 | Emerald Green Trust 10% owner | Sale | 80,040 | $5.78 | $463K | no | Form 4 |
| 2026-06-08 | OSTERMANN DIETMAR Director | Sale | 3,351 | $4.45 | $15K | no | Form 4 |
| 2026-06-30 | Bernstein Stuart N. Director | Sale | 2,000 | $2.89 | $6K | no | Form 4 |
| 2026-07-10 | OSTERMANN DIETMAR Director | Sale | 4,158 | $2.49 | $10K | yes | Form 4/A |
| 2026-07-10 | Richardson Michael Paul Director | Sale | 3,119 | $2.49 | $8K | yes | Form 4/A |
| 2026-07-10 | Yake Alice Director | Sale | 2,500 | $2.49 | $6K | yes | Form 4/A |
| 2026-07-13 | OSTERMANN DIETMAR Director | Sale | 4,159 | $2.35 | $10K | yes | Form 4/A |
| 2026-07-13 | Richardson Michael Paul Director | Sale | 3,119 | $2.35 | $7K | yes | Form 4/A |
| 2026-07-13 | Yake Alice Director | Sale | 2,500 | $2.35 | $6K | yes | Form 4/A |
| 2026-07-14 | OSTERMANN DIETMAR Director | Sale | 4,158 | $2.39 | $10K | yes | Form 4/A |
| 2026-07-14 | Richardson Michael Paul Director | Sale | 3,119 | $2.39 | $7K | yes | Form 4/A |
| 2026-07-14 | Yake Alice Director | Sale | 2,500 | $2.39 | $6K | yes | Form 4/A |
| 2026-07-15 | OSTERMANN DIETMAR Director | Sale | 4,159 | $2.30 | $10K | yes | Form 4/A |
| 2026-07-15 | Richardson Michael Paul Director | Sale | 3,119 | $2.31 | $7K | yes | Form 4/A |
| 2026-07-15 | Yake Alice Director | Sale | 2,500 | $2.30 | $6K | yes | Form 4/A |
| 2026-07-16 | OSTERMANN DIETMAR Director | Sale | 4,158 | $2.16 | $9K | yes | Form 4/A |
| 2026-07-16 | Richardson Michael Paul Director | Sale | 3,119 | $2.17 | $7K | yes | Form 4/A |
| 2026-07-16 | Yake Alice Director | Sale | 2,500 | $2.17 | $5K | yes | Form 4/A |
| 2026-07-17 | OSTERMANN DIETMAR Director | Sale | 4,159 | $2.15 | $9K | yes | Form 4/A |
| 2026-07-17 | Richardson Michael Paul Director | Sale | 3,118 | $2.15 | $7K | yes | Form 4/A |
| 2026-08-13: red flag filed | |||||||
Showing 25 of 31 transactions.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-15 to 2026-09-12. 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 2026-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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