Risk factors

iSpecimen (ISPC) risk factors

Item 1A of every iSpecimen Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    78 risks1 new1 dropped5 reworded

    The company faces a Nasdaq delisting threat after its stock price fell below $1.00 for 30 consecutive business days. Net losses narrowed to $10,487,532 in 2025, but accumulated deficit grew to $82,350,149. Supply chain dependency shifted slightly and specimen quality compliance rates were updated for 2025.

    Filed Apr 01, 2026
  • FY2024 10-K risk factors
    78 risks

    iSpecimen faces substantial going concern doubt due to ongoing net losses and an accumulated deficit of $71.86 million in 2024. The company is supply-constrained, highly dependent on transactional revenue from a few customers and suppliers, and suffers from internal controls weaknesses.

    Filed Apr 14, 2025