Home / Going-concern warnings / FIREFLY NEUROSCIENCE, INC.

5/5FIREFLY NEUROSCIENCE, INC. (AIFF): Going-concern doubt

Filed 2025-04-03 路 Form 10-K 路 Accession 0001437749-25-010818 nano

Market data

Price before filing: $4.11 (2025-04-02 close, split/dividend-adjusted)
Market cap at flag: $45.1M (2025-04-03) 路 Latest: $21.0M (2026-10-16)

What happened next

WindowAIFFSPYvs SPY
30 days-18.5%-0.2%-18.3%2025-05-05
90 days-23.1%+10.2%-33.3%2025-07-02
180 days-29.2%+18.7%-47.9%2025-09-30

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: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-03 to 2025-05-03. 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

"As discussed in Note 2 of the notes to consolidated financial statements, the Company suffered a loss from operations and will require significant capital to sustain operations that raises substantial doubt about its 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.

Going-concern opinion issued by: MARCUM CANADA LLP
Source: independent auditor report in Form 10-K (period 2024-12-31)

Why this score: in auditor's report

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.