FLZH · Flash Sports & Media Holdings, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date these financial statements are issued. Management's plans to mitigate these conditions are not considered probable of being effectively implemented within the meaning of ASC 205-40 because they are subject to significant risks and uncertainties, including the Company's ability to access capital markets, market acceptance of the LPL and other IPG operations, and continued compliance with Nasdaq listing standards. Accordingly, substantial doubt about the Company's ability to continue as a going concern has not been alleviated.”View the 10-Q filed Aug 13, 2026
4 customers — 53% of revenue (2023)
“In 2023, sales to four customers individually exceeded 10% of the Company's total revenue. Collectively, these customers represented approximately 53% of total revenue.”
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-07-14 | Herman Gary L |
Director, Chief Executive Officer |
Other↑
|
No Securities Owned
|
0 |
| 2026-07-14 | Johri Rahul |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2026-02-18 | Sherb Eric Michael |
Director, CFO, 10% Owner |
Other↑
|
No Securities Owned
|
0 |
| 2026-02-18 | Fell Donald G. |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-12-13 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Cayman Fund, L.P. (Cay). (Cay and together with SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 907,017 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 305,819 Shares held by Cay. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principles of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose This is a weighted average price. |
Common Stock
(I)
|
18,802 |
| 2024-12-12 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Cayman Fund, L.P. (Cay). (Cay and together with SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 921,078 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 310,560 Shares held by Cay. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principles of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose This is a weighted average price. |
Common Stock
(I)
|
7,400 |
| 2024-12-11 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This is a weighted average price. |
Common Stock
(I)
|
17,092 |
| 2024-12-10 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This is a weighted average price. |
Common Stock
(I)
|
33,839 |
| 2024-12-09 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Cayman Fund, L.P. (Cay). (Cay and together with SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 965,856 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 324,113 Shares held by Cay. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principles of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. This is a weighted average price. |
Common Stock
(I)
|
20,916 |
| 2024-12-06 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This is a weighted average price. |
Common Stock
(I)
|
24,760 |
| 2024-12-05 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This is a weighted average price. |
Common Stock
(I)
|
10,000 |
| 2024-11-27 | AWM Investment Company, Inc. |
10% Owner |
Sell↑
Filing footnotes — Common Stock (Indirect)
AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Cayman Fund, L.P. (Cay). (Cay and together with SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 1,008,373 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 337,272 Shares held by Cay. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principles of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. This is a weighted average price. |
Common Stock
(I)
|
3 |
| 2024-11-26 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This is a weighted average price. |
Common Stock
(I)
|
52,188 |
| 2024-11-19 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Cayman Fund, L.P. (Cay). (Cay and together with SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 1,056,222 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 341,614 Shares held by Cay. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principles of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. This is a weighted average price. |
Common Stock
(I)
|
75 |
| 2024-11-14 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Cayman Fund, L.P. (Cay). (Cay and together with SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 1,056,291 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 341,620 Shares held by Cay. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principles of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. This is a weighted average price. |
Common Stock
(I)
|
22,920 |
| 2024-11-13 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Cayman Fund, L.P. (Cay). (Cay and together with SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 1,077,304 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 343,527 Shares held by Cay. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principles of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. This is a weighted average price. |
Common Stock
(I)
|
8,194 |
| 2024-11-12 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This is a weighted average price. |
Common Stock
(I)
|
4,159 |
| 2024-11-11 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
This is a weighted average price. |
Common Stock
(I)
|
7,653 |
| 2024-11-06 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Cayman Fund, L.P. (Cay). (Cay and together with SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 1,095,646 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 345,191 Shares held by Cay. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principals of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. This is a weighted average price. |
Common Stock
(I)
|
3,200 |
| 2024-06-19 | Nattrass Bradley John |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Restricted Stock Unit granted on June 19, 2024. Shares vest and issue 20% on January 1, 2025, 20% on January 1, 2026, and the remainder on January 1, 2027. |
Restricted Common Stock Unit ("RSU")
|
135,000 |
| 2024-06-19 | Lowe James Robert |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2024. The RSUs will vest and issue on 06/19/2025. |
Restricted Common Stock Unit ("RSU")
|
16,000 |
| 2024-06-19 | Hsu David |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2024. The RSUs will vest and issue on June 19, 2025. |
Restricted Common Stock Unit ("RSU")
|
16,000 |
| 2024-06-19 | WILKS LEWIS |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2024. The RSUs will vest and issue on 06/19/2025. |
Restricted Common Stock Unit ("RSU")
|
16,000 |
| 2024-06-19 | Archer Jason T |
Chief Operating Officer |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Restricted Common Stock Unit granted on June 19, 2024. Shares vest and issue 20% on January 1, 2025, 20% on January 1, 2026 and the remainder on January 1, 2027. |
Restricted Common Stock Unit ("RSU")
|
78,750 |
| 2024-06-19 | Lo Sonia |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2024. The RSUs will vest and issue on 06/19/2025. |
Restricted Common Stock Unit ("RSU")
|
16,000 |
| 2024-06-19 | BRITT ANITA D |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2023. The RSUs will vest and issue on 06/19/2025. |
Restricted Common Stock Unit ("RSU")
|
16,000 |
| 2024-06-06 | WILKS LEWIS |
Director |
Buy↑
|
Common Stock
|
10,000 |
| 2024-06-05 | WILKS LEWIS |
Director |
Buy↑
|
Common Stock
|
10,000 |
| 2024-04-15 | AWM Investment Company, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Indirect)
AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Cayman Fund, L.P. (Cay). (Cay and together with SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 1,098,079 shares of Common Stock of the Issuer (the Shares) held by SSFQP and 345,958 Shares held by Cay. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principals of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. This is a weighted average price. |
Common Stock
(I)
|
1,000 |
| 2024-02-02 | WILKS LEWIS |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
At option of the Director, the Director opted to receive his fourth quarter 2023 compensation in the form of urban-gro, Inc's RSUs. The RSUs will issue and vest immediately. Conversion price based on Friday, February 2, 2024, closing price subject to a 30-day volume weighted average price. |
Restricted Common Stock Unit ("RSU")
|
11,364 |
| 2024-01-01 | Archer Jason T |
Chief Operating Officer |
Tax↓
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Withheld shares for income tax coverage. |
Restricted Common Stock Unit ("RSU")
|
15,476 |
| 2023-11-14 | WILKS LEWIS |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
At option of the Director, the Director opted to receive his third quarter 2023 compensation in form of urban-gro, Inc's RSUs. The RSUs will issue and vest immediately. Conversion price based on Tuesday, November 14, 2023 closing price subject to a 30-day volume weighted average price. |
Restricted Common Stock Unit ("RSU")
|
13,780 |
| 2023-11-14 | Lo Sonia |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
At option of the Director, the Director opted to receive 50% of her third quarter 2023 compensation in form of urban-gro, Inc's RSUs. The RSUs will issue and vest immediately. Conversion price based on Tuesday, November 14, 2023 closing price subject to a 30-day volume weighted average price. |
Restricted Common Stock Unit ("RSU")
|
5,413 |
| 2023-11-14 | Lowe James Robert |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
At option of the Director, the Director opted to receive his third quarter 2023 compensation in form of urban-gro, Inc's RSUs. The RSUs will issue and vest immediately. Conversion price based on Tuesday, November 14, 2023 closing price 30-day volume weighted average price. |
Restricted Common Stock Unit ("RSU")
|
11,811 |
| 2023-09-01 | Archer Jason T |
Chief Operating Officer |
Tax↓
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Withheld shares for income tax coverage. |
Restricted Common Stock Unit ("RSU")
|
3,699 |
| 2023-08-30 | WILKS LEWIS |
Director |
Buy↑
|
Common Stock
|
10,000 |
| 2023-06-21 | Hsu David |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2023. The RSUs will vest and issue on June 21, 2024. |
Restricted Common Stock Unit ("RSU")
|
12,658 |
| 2023-06-21 | Lo Sonia |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2023. The RSUs will issue and vest on June 21, 2024. |
Restricted Common Stock Unit ("RSU")
|
12,658 |
| 2023-06-21 | WILKS LEWIS |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2023. The RSUs will issue and vest on June 21, 2024. |
Restricted Common Stock Unit ("RSU")
|
12,658 |
| 2023-06-21 | Lowe James Robert |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2023. The RSUs will issue and vest on June 21, 2024. |
Restricted Common Stock Unit ("RSU")
|
12,658 |
| 2023-06-21 | BRITT ANITA D |
Director |
Award↑
Filing footnotes — Restricted Common Stock Unit ("RSU") (Direct)
Board stock compensation 2023. The RSUs will vest and issue on 06/21/2024. |
Restricted Common Stock Unit ("RSU")
|
12,658 |
| 2023-06-12 | WILKS LEWIS |
Director |
Buy↑
|
Common Stock
|
10,000 |
| 2023-06-09 | Archer Jason T |
Chief Operating Officer |
Award↑
Filing footnotes — Restricted Common Stock Award ("RSA") (subject to vesting) (Direct)
At COO?s request, the Board of Directors has approved the payment of 20% of salary in the form of urban-gro, Inc. restricted stock for the next 12 weeks. The restricted stock will vest 100% on September 1, 2023. The conversion was based on the Thursday, June 8, 2023 closing price. |
Restricted Common Stock Award ("RSA") (subject to vesting)
|
12,866 |
| 2023-06-09 | Akright Richard Alan |
Chief Financial Officer |
Award↑
Filing footnotes — Restricted Common Stock Award ("RSA") (subject to vesting) (Direct)
At CFO?s request, the Board of Directors has approved the payment of 20% of salary in the form of urban-gro, Inc. restricted stock for the next 12 weeks. The restricted stock will vest 100% on September 1, 2023. The conversion was based on the Thursday, June 8, 2023 closing price. |
Restricted Common Stock Award ("RSA") (subject to vesting)
|
12,253 |
| 2023-06-09 | Nattrass Bradley John |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Restricted Common Stock Award ("RSA") (subject to vesting) (Direct)
At CEO?s request, the Board of Directors has approved the payment of 50% of salary in the form of urban-gro, Inc. restricted stock for the next three months. The restricted stock will vest 100% on September 12, 2023. The conversion was based on the Thursday, June 8, 2023 closing price. |
Restricted Common Stock Award ("RSA") (subject to vesting)
|
49,779 |
| 2023-06-09 | Nattrass Bradley John |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
CEO purchased the shares in the open market at an average purchase price of $1.2475. |
Common Stock
|
28,416 |
| 2023-05-19 | WILKS LEWIS |
Director |
Buy↑
|
Common Stock
|
10,000 |
| 2023-05-18 | Lowe James Robert |
Director |
Buy↑
|
Common Stock
|
25,000 |
| 2023-05-16 | WILKS LEWIS |
Director |
Buy↑
|
Common Stock
|
20,000 |
| 2023-05-15 | Nattrass Bradley John |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Some of the shares are subject to vesting as detailed in the previously filed Form 4s. |
Common Stock
|
60,000 |