Home / Going-concern warnings / PAVmed Inc.

4/5PAVmed Inc. (PAVM): Going-concern doubt

Filed 2025-05-15 · Form 10-Q · Accession 0001641172-25-010433 nano

Market data

Price before filing: $21.9 (2025-05-14 close, split/dividend-adjusted)
Market cap at flag: $11.4M (2025-05-15) · Latest: $15.1M (2026-10-16)

What happened next

WindowPAVMSPYvs SPY
30 days-14.3%+2.6%-16.9%2025-06-16
90 days-37.0%+10.1%-47.1%2025-08-13
180 days-52.1%+16.9%-69.0%2025-11-11

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 2025-02-14 to 2025-06-14. 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

"These factors raise substantial doubt about the Company's ability to continue as a going concern within one year after the date the accompanying unaudited condensed consolidated financial statements are issued. 6 Note 3 — Summary of Significant Accounting Policies Significant Accounting Policies The Company's significant accounting policies are as disclosed in the Company's Annual Report on Form 10-K for the year..."

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 2025-03-31)

Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change

Read the original filing on SEC.gov →

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

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