FABC · Fabric.AI, Inc.
$2.83
+0.08 (+2.91%)
At close · Aug 14
Going-concern doubt
— cleared Aug 14, 2026
The latest filing states the doubt was alleviated.
“Although the Company’s recurring operating losses and negative operating cash flows initially raised substantial doubt about its ability to continue as a going concern, management concluded that such substantial doubt has been alleviated as a result of the capital raised during the quarter ended June 30, 2026, and the Company’s current operating plan.”View the 10-Q filed Aug 14, 2026
Market Cap
$19.82M
Shares
7.00M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Joshua Silverman | Chief Executive Officer (Principal Executive Officer) | $1,678,206 |
| Gilbert Villarreal | President of Ayro Operating Company, Inc. | $1,341,296 |
| Joseph Ramelli | Chief Financial Officer | $143,159 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Gilbert Villarreal | President of Ayro Operating Company, Inc. | $474,042 |
| Joshua Silverman | Executive Chairman and Principal Executive Officer; Former Interim Principal Financial Officer and Principal Accounting Officer | $460,132 |
| Thomas M. Wittenschlaeger | Former Chief Executive Officer | $394,800 |
| David E. Hollingsworth | Former Chief Financial Officer and Former Interim President of AYRO Operating | $232,500 |
| Joseph Ramelli | Chief Financial Officer | $40,000 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| David E. Hollingsworth | Former Chief Financial Officer and Former Interim President of AYRO Operating | $302,667 |
| Joshua Silverman | Executive Chairman and Principal Executive Officer; Former Interim Principal Financial Officer and Principal Accounting Officer | $280,996 |
| Thomas M. Wittenschlaeger | Former Chief Executive Officer | $268,333 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Thomas M. Wittenschlaeger | Chief Executive Officer | $396,200 |
| David E. Hollingsworth | Chief Financial Officer | $299,535 |
| Curtis Smith | Former Chief Financial Officer | $245,833 |
| Richard Perley | Former Chief Marketing Officer | $245,833 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Thomas M. Wittenschlaeger | Chief Executive Officer | $1,188,198 |
| Curtis Smith | Former Chief Financial Officer | $276,506 |
| Richard Perley | Former Chief Marketing Officer | $200,000 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Greg Schiffman | director | Appointed | 2026-06-25 |
| Zvi Joseph | director | Appointed | 2026-06-25 |
| Sebastian Giordano | director | Appointed | 2026-06-25 |
| Wayne R. Walker | director | Appointed | 2026-06-25 |
| Joshua Silverman | director | Appointed | 2026-06-25 |
| George Devlin | member of the board of directors | Resigned | 2025-09-05 |
| Gilbert Villarreal | President of the Company's subsidiary, DropCar Operating Company, Inc. | Appointed | 2024-08-27 |
| Joseph Ramelli | Chief Financial Officer | Appointed | 2024-08-27 |
| David E. Hollingsworth | Chief Financial Officer | Resigned | 2024-03-07 |
| Thomas M. Wittenschlaeger | member of the Company's board of directors | Resigned | 2023-12-15 |
| Thomas M. Wittenschlaeger | Chief Executive Officer | Resigned | 2023-12-15 |
| David E. Hollingsworth | Chief Financial Officer (CFO) | Appointed | 2022-08-26 |
| David E. Hollingsworth | Chief Financial Officer | Appointed | 2022-08-26 |
| David E. Hollingsworth | Interim Chief Financial Officer | Appointed | 2022-01-14 |
| Brian Groh | Chief of Business Development | Terminated | 2022-01-14 |
| Richard Perley | Chief Marketing Officer | Terminated | 2022-01-14 |
| Curtis Smith | Chief Financial Officer | Resigned | 2022-01-14 |
Key facts
CIK
1086745
CUSIP
054748306
13F (30d)
23 filings
23 filers
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