Home / Going-concern warnings / Hyperscale Data, Inc.

3/5Hyperscale Data, Inc. (GPUS): Going-concern doubt

Filed 2026-08-19 路 Form 10-Q 路 Accession 0001214659-26-010549 nano

Market data

Price before filing: $0.45 (2026-08-18 close, split/dividend-adjusted)
Market cap at flag: $42.8M (2026-08-19) 路 Latest: $12.9M (2026-10-16)

What happened next

WindowGPUSSPYvs SPY
30 days-59.6%-0.5%-59.1%2026-09-18
90 dayspendingpendinguntil 2026-11-17
180 dayspendingpendinguntil 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.

Insider trading around this filing

90 days before the flag: 2 insiders bought $176K (10 purchases)
30 days after: 1 insider sold $288 (1 sale); 5 insiders bought $1.2M (30 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-05-28AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase100$21.19$2KnoForm 4
2026-06-10AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase40,000$0.17$7KnoForm 4
2026-06-11AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase15,000$0.16$2KnoForm 4
2026-06-11AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase100,000$0.16$16KnoForm 4
2026-06-11Horne William B.
Chief Executive Officer, Director
Purchase200,000$0.17$34KnoForm 4
2026-06-16AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase50,000$0.24$12KnoForm 4
2026-06-16AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase5,000$0.24$1KnoForm 4
2026-06-18AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase18,000$0.27$5KnoForm 4
2026-06-29Horne William B.
Chief Executive Officer, Director
Purchase5,000$19.00$95KnoForm 4
2026-06-30AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase100$19.52$2KnoForm 4
2026-08-19: red flag filed
2026-08-27AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase10,000$0.34$3KnoForm 4
2026-08-28AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase47,641$0.31$15KnoForm 4
2026-08-28AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Sale1,000$0.29$288noForm 4
2026-08-28AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase150,000$0.30$45KnoForm 4
2026-08-31AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase89,000$0.27$24KnoForm 4
2026-09-01AULT MILTON C III
Executive Chairman, Director, 10% owner
Purchase107,999$0.25$27KnoForm 4
2026-09-02AULT MILTON C III
Executive Chairman, Director, 10% owner
Purchase42,000$0.23$10KnoForm 4
2026-09-02Horne William B.
Chief Executive Officer, Director
Purchase100,000$0.20$20KnoForm 4
2026-09-03AULT MILTON C III
Executive Chairman, Director, 10% owner
Purchase38,200$0.19$7KnoForm 4
2026-09-03AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase38,200$0.19$7KnoForm 4
2026-09-04AULT MILTON C III
Executive Chairman, Director, 10% owner
Purchase196,800$0.19$38KnoForm 4
2026-09-04AULT MILTON C III
Executive Chairman, Director, 10% owner
Purchase1,913,691$0.19$361KnoForm 4
2026-09-04AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase196,800$0.19$38KnoForm 4
2026-09-04AULT MILTON C III (+1 joint filer)
Executive Chairman, Director, 10% owner
Purchase1,913,691$0.19$361KnoForm 4
2026-09-04CRAGUN KENNETH S
Chief Financial Officer
Purchase100,000$0.19$19KnoForm 4

Showing 25 of 41 transactions.

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.

Verified excerpt

"Accordingly, 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 2026-06-30)

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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