Home / Going-concern warnings / FiEE, Inc.
Filed 2025-04-10 路 Form 10-K 路 Accession 0001829126-25-002538 nano
Price before filing: $0.95 (2025-04-09 close, split/dividend-adjusted)
Market cap at flag: $4.8M (2025-04-10) 路 Latest: $30.0M (2026-10-16)
| Window | FIEE | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +151.6% | +6.3% | +145.3% | 2025-05-12 |
| 90 days | +280.0% | +14.1% | +265.9% | 2025-07-09 |
| 180 days | +190.5% | +22.7% | +167.9% | 2025-10-07 |
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.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 2 insiders bought $1.4M (2 purchases, 1 without a usable price)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-04-10: red flag filed | |||||||
| 2025-05-09 | Bin Hu Director, 10% owner | Purchase | 853,659 | $1.64 | $1.4M | no | Form 4 |
| 2025-05-09 | Yu Cao Chief Financial Officer, Director, 10% owner | Purchase | 1,585,366 | $1.64 | check filing | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-10 to 2025-05-10. 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.
"As discussed in Note 1 to the consolidated financial statements, the Company's significant operating losses raise substantial doubt about its ability to continue as a going concern."
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.
Going-concern opinion issued by: Beckles & Co.
Source: independent auditor report in Form 10-K (period 2024-12-31)
Why this score: in auditor's report; also within 90 days: Non-reliance / restatement
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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