Home / Going-concern warnings / Virtuix Holdings Inc.
Filed 2026-08-19 路 Form 10-Q 路 Accession 0001213900-26-091795 micro
Price before filing: $1.59 (2026-08-18 close, split/dividend-adjusted)
Market cap at flag: $53.1M (2026-08-19) 路 Latest: $25.3M (2026-10-16)
| Window | VTIX | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -28.3% | -0.5% | -27.8% | 2026-09-18 |
| 90 days | pending | pending | until 2026-11-17 | |
| 180 days | pending | pending | until 2027-02-15 |
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 sold $836K (7 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-07-28 | Allan David Robert Malcolm COO, Director | Sale | 220,821 | $1.79 | $395K | no | Form 4 |
| 2026-07-29 | Allan David Robert Malcolm COO, Director | Sale | 74,270 | $1.60 | $119K | no | Form 4 |
| 2026-07-29 | Slayter Cameron Chief Product Officer | Sale | 3,985 | $1.67 | $7K | yes | Form 4 |
| 2026-07-30 | Allan David Robert Malcolm COO, Director | Sale | 78,259 | $1.56 | $122K | no | Form 4 |
| 2026-08-03 | Allan David Robert Malcolm COO, Director | Sale | 81,879 | $1.47 | $120K | no | Form 4 |
| 2026-08-04 | Allan David Robert Malcolm COO, Director | Sale | 35,769 | $1.61 | $58K | no | Form 4 |
| 2026-08-05 | Allan David Robert Malcolm COO, Director | Sale | 9,002 | $1.70 | $15K | no | Form 4 |
| 2026-08-19: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-21 to 2026-09-18. 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 factors, together with limited working capital and liquid assets relative to anticipated operating cash flow needs, raise substantial doubt about the Company's ability to continue as a going concern within one year after the date these financial statements are available to be issued."
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; also within 90 days: Auditor change, Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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