Home / Going-concern warnings / ScanTech AI Systems Inc.
Filed 2025-05-14 路 Form 10-K 路 Accession 0001410578-25-001275 small
Price before filing: $22.2 (2025-05-13 close, split/dividend-adjusted)
Market cap at flag: $941.8M (2025-05-14) 路 Latest: $11,794 (2026-10-16)
| Window | STAI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -30.9% | +1.7% | -32.6% | 2025-06-13 |
| 90 days | -56.4% | +9.8% | -66.2% | 2025-08-12 |
| 180 days | -58.5% | +16.8% | -75.3% | 2025-11-10 |
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.
"Our operating losses have raised substantial doubt regarding our ability to continue as a going concern, as stated in the auditors' opinion, which includes an explanatory paragraph as of and for the years ended December 31, 2024 and 2023."
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-K (period 2024-12-31)
Why this score: also within 90 days: 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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