Home / Going-concern warnings / FTC Solar, Inc.
Filed 2026-08-05 路 Form 10-Q 路 Accession 0001193125-26-334042 nano
Price before filing: $3.08 (2026-08-04 close, split/dividend-adjusted)
Market cap at flag: $47.3M (2026-08-05) 路 Latest: $25.8M (2026-10-16)
| Window | FTCI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -17.9% | -0.1% | -17.7% | 2026-09-04 |
| 90 days | pending | pending | until 2026-11-03 | |
| 180 days | pending | pending | until 2027-02-01 |
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 bought $11K (1 purchase)
30 days after: 2 insiders bought $489K (4 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-05-07 | ALVAREZ ANTONIO R Director | Purchase | 2,500 | $4.23 | $11K | no | Form 4 |
| 2026-08-05: red flag filed | |||||||
| 2026-08-25 | Carroll Anthony Chief Executive Officer, Director | Purchase | 24,745 | $2.08 | $51K | no | Form 4 |
| 2026-08-26 | SADASIVAM SHAKER Director | Purchase | 33,290 | $2.19 | $73K | no | Form 4 |
| 2026-08-27 | SADASIVAM SHAKER Director | Purchase | 39,583 | $2.35 | $93K | no | Form 4 |
| 2026-08-28 | SADASIVAM SHAKER Director | Purchase | 101,083 | $2.69 | $272K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-07 to 2026-09-04. 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.
"As a result, we have determined there is substantial doubt about our 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 →
Not investment advice. Automated summary; verify against the filing.
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