Home / Going-concern warnings / Elite Health Systems Inc.
Filed 2025-11-13 路 Form 10-Q 路 Accession 0001437749-25-034794 cap n/a
n/a: no price data available for EHSI.
90 days before the flag: 1 insider bought $1.4M (1 purchase)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-11-04 | jeereddi Prasad Anjaneya CEO, Director, 10% owner | Purchase | 1,452,680 | $0.95 | $1.4M | no | Form 4 |
| 2025-11-13: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-15 to 2025-12-13. 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.
"Together, these factors raised substantial doubt regarding the Company's ability to continue as a going concern at September 30, 2025."
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 2025-09-30)
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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