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PRPOPRECIPIO, INC.

Is Precipio struggling financially?

Yes, by its own account. Precipio told the SEC on 14 May 2026, in Form 10-Q, that there is substantial doubt about its ability to continue as a going concern. It generated cash over the last twelve months rather than burning it, so the doubt here is about something other than an empty bank account.

Going concern disclosed May 2026

30/100

Fragile

Sector
Industrial/Cyclical
Market cap
$54.5M
Source filing
10-Q 14 May 2026
Balance sheet
30 Jun 2026

Cash runway

No net burn

This company generated cash over the last twelve months, so there is no burn rate to divide by. Going concern language in this position is usually about debt coming due or a covenant.

What it reported

Cash and short-term investments

$3.1M

What Precipio told the SEC

…and paying liabilities arising from normal business operations when they come due. Notwithstanding the aforementioned circumstances, there remains substantial doubt about the Company’s ability to continue as a going concern for the next twelve months from the date these condensed consolidated financial statements were issued. There can be no assurance that the Company will be able to successfully achieve…

PRECIPIO, INC., Form 10-Q, filed 14 May 2026.

Read the filing on SEC.gov

What this means

  • Not a bankruptcy filing, and not a prediction.
  • It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
  • The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.

What else the numbers show

  • 18.3% share-count increase The company issued stock. Each share now owns 15.5% less of the business than a year ago, before any change in the price.

Other Industrial/Cyclical companies that filed the doubt