ISPC · iSpecimen Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt regarding the Company’s ability to continue as a going concern for a period of one year from the date these unaudited condensed financial statements are issued. Management’s plan to mitigate the conditions that raise substantial doubt includes generating additional revenues, deferring certain projects and capital expenditures and eliminating certain future operating expenses for the Company to continue as a going concern. However, there can be no assurance that the Company will be successful in completing any of these options. As a result, management’s plans cannot be considered probable and thus do not alleviate substantial doubt about the Company’s ability to continue as a going concern.”View the 10-Q filed May 18, 2026
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 |
|---|---|---|---|---|---|
| 2025-11-07 | Lee Arphing |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-12-13 | Liang Yuying |
Chief Financial Officer |
Other↑
|
No Securities Owned
|
0 |
| 2024-12-09 | LIM ROBERT BRADLEY |
Director, Chief Executive Officer |
Other↑
|
No Securities Owned
|
0 |
| 2024-09-25 | Field Katharyn |
Director, Director and Executive Officer |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on September 25, 2024, pursuant to the Issuer's Amended and Restated Stock Incentive Plan, and reflects the Issuer's 20-for-1 reverse stock split effective as of 4:30 p.m., Eastern Time, on September 13, 2024. The stock options vest in respect to 84 shares on each of September 30, 2024 and December 31, 2024. |
Option
|
168 |
| 2024-09-25 | Paolone Richard |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-09-25 | Field Katharyn |
Director, Director and Executive Officer |
Other↑
|
No Securities Owned
|
0 |
| 2024-09-25 | Dhaliwal Avtar |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on September 25, 2024, pursuant to the Issuer's Amended and Restated Stock Incentive Plan, and reflects the Issuer's 20-for-1 reverse stock split effective as of 4:30 p.m., Eastern Time, on September 13, 2024. The stock options vest in respect to 84 shares on each of September 30, 2024 and December 31, 2024. |
Option
|
168 |
| 2024-09-25 | Dhaliwal Avtar |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-09-25 | Paolone Richard |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on September 25, 2024, pursuant to the Issuer's Amended and Restated Stock Incentive Plan, and reflects the Issuer's 20-for-1 reverse stock split effective as of 4:30 p.m., Eastern Time, on September 13, 2024. The stock options vest in respect to 84 shares on each of September 30, 2024 and December 31, 2024. |
Option
|
168 |
| 2024-03-21 | Graham Elizabeth Ames |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-03-21 | Graham Elizabeth Ames |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on March 21, 2024, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,085 shares on each of March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024. |
Option
|
8,340 |
| 2024-01-02 | Mock Theresa L |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 2, 2024, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,500 shares on each of March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024. |
Option
|
10,000 |
| 2024-01-02 | Brooks John L. III |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 2, 2024, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,500 shares on each of March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024. |
Option
|
10,000 |
| 2024-01-02 | Ross Andrew L. |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 2, 2024, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,500 shares on each of March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024. |
Option
|
10,000 |
| 2024-01-02 | Gullans Steven R. Ph.D. |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 2, 2024, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,500 shares on each of March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024. |
Option
|
10,000 |
| 2023-09-14 | Bielak Benjamin |
Chief Info Officer & Secretary |
Buy↑
Filing footnotes — Common Stock (Direct)
Reflects an open market purchase of shares of the Issuer's common stock by the Reporting Person. |
Common Stock
|
18,000 |
| 2023-05-31 | Curley Tracy |
Director, CEO, CFO and Treasurer |
Buy↑
Filing footnotes — Common Stock (Direct)
Reflects an open market purchase of shares of the Issuer's common stock by the Reporting Person. |
Common Stock
|
4,400 |
| 2023-01-17 | Mullan Jill |
Director |
Convert↓
Filing footnotes — Option (Direct)
Represents the stock options that were vested on the date of termination of employment of the Reporting Person and will expire if not exercised by the Reporting Person before January 22, 2023. Represents remaining granted stock options across all grants. |
Option
|
66,637 |
| 2023-01-17 | Mullan Jill |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Acquisition of shares of common stock by the Reporting Person upon the exercise of stock options. Represents the $1.00 exercise price per share of the stock options exercised, which was paid by the Reporting Person upon exercise of such stock options. |
Common Stock
|
66,637 |
| 2023-01-06 | Ianelli Christopher |
Director |
Convert↓
Filing footnotes — Option (Direct)
Represents the stock options that were vested on the date of termination of employment of the Reporting Person and will expire if not exercised by the Reporting Person before January 22, 2023. Represents remaining granted stock options across all grants. |
Option
|
845 |
| 2023-01-06 | Ianelli Christopher |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Acquisition of shares of common stock by the Reporting Person upon the exercise of stock options. |
Common Stock
|
845 |
| 2023-01-03 | Brooks John L. III |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 3, 2023, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,500 shares on each of March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023. |
Option
|
10,000 |
| 2023-01-03 | Basile Joseph J. |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 3, 2023, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,500 shares on each of March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023. |
Option
|
10,000 |
| 2023-01-03 | Ross Andrew L. |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 3, 2023, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,500 shares on each of March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023. |
Option
|
10,000 |
| 2023-01-03 | Ianelli Christopher |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 3, 2023, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest with respect to 2,500 shares on each of March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023. |
Option
|
10,000 |
| 2023-01-03 | Scholl George H. |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 3, 2023, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,500 shares on each of March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023. |
Option
|
10,000 |
| 2023-01-03 | Mullan Jill |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 3, 2023, pursuant to the Issuer's Amended and Restated 2021 Stock Incentive Plan. The stock options vest with respect to 2,500 shares on each of March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023. Represents remaining granted stock options across all grants. |
Option
|
10,000 |
| 2023-01-03 | Gullans Steven R. Ph.D. |
Director |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted to the reporting person on January 3, 2023, pursuant to the Issuer's Amended and Restated Stock Incentive Plan. The stock options vest respect to 2,500 shares on each of March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023. |
Option
|
10,000 |
| 2023-01-01 | Mullan Jill |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Reflects shares of common stock issued to the Reporting Person upon vesting and settlement of restricted stock units ("RSUs") on March 31, 2023, which RSUs were awarded to the Reporting Person as of January 1, 2023, subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement. The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company. |
Common Stock
|
92 |
| 2023-01-01 | Brooks John L. III |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Reflects shares of common stock issued to the Reporting Person upon vesting and settlement of restricted stock units ("RSUs") on March 31, 2023, which RSUs were awarded to the Reporting Person as of January 1, 2023, subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement. The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company. |
Common Stock
|
125 |
| 2023-01-01 | Ianelli Christopher |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Reflects shares of common stock issued to the Reporting Person upon vesting and settlement of restricted stock units ("RSUs") on March 31, 2023, which RSUs were awarded to the Reporting Person as of January 1, 2023, subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement. The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company. |
Common Stock
|
92 |
| 2023-01-01 | Ross Andrew L. |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Reflects shares of common stock issued to the Reporting Person upon vesting and settlement of restricted stock units ("RSUs") on March 31, 2023, which RSUs were awarded to the Reporting Person as of January 1, 2023, subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement. The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company. |
Common Stock
|
125 |
| 2023-01-01 | Basile Joseph J. |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Reflects shares of common stock issued to the Reporting Person upon vesting and settlement of restricted stock units ("RSUs") on March 31, 2023, which RSUs were awarded to the Reporting Person as of January 1, 2023, subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement. The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company. |
Common Stock
|
63 |
| 2023-01-01 | Gullans Steven R. Ph.D. |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Reflects shares of common stock issued to the Reporting Person upon vesting and settlement of restricted stock units ("RSUs") on March 31, 2023, which RSUs were awarded to the Reporting Person as of January 1, 2023, subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement. The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company. |
Common Stock
|
125 |
| 2022-11-01 | Curley Tracy |
Director, CEO, CFO and Treasurer |
Award↑
Filing footnotes — Option (Direct)
Represents 91,235 and 8,765 options granted on November 1, 2022 under the Issuer's 2013 Stock Incentive Plan and the 2021 Stock Incentive Plan, respectively, 25% of which were subject to a one-year cliff with the remaining 75% vested/to be vested quarterly over three years. The vesting commence date is October 24, 2022. The stock options were awarded as compensation to the Reporting Person for her service as an officer of the Company. |
Option
|
100,000 |
| 2022-11-01 | Bielak Benjamin |
Chief Info Officer & Secretary |
Award↑
Filing footnotes — Option (Direct)
Represents stock options granted on November 1, 2022 under the Issuer's 2013 Stock Incentive Plan, 25% of which were subject to a one-year cliff with the remaining 75% vested/to be vested quarterly over three years. The vesting commence date is June 21, 2022. The stock options were awarded as compensation to the Reporting Person for his service as an officer of the Company. |
Option
|
30,000 |
| 2022-10-24 | Mullan Jill |
Director |
Other↓
Filing footnotes — Common Stock (Direct)
Pursuant to certain separation agreement, dated October 24, 2022 (the "Separation Agreement"), by and between the issuer and the reporting person, (i) an aggregate of 13,021 restricted stock units of the issuer (the "RSUs"), which were previously awarded to the reporting person but not settled, were settled at an accelerated vesting schedule and as a result, 13,021 shares of common stock were issued to the reporting person; and (ii) 18,229 RSUs, which were previously awarded to the reporting person and not settled, were forfeited. The RSUs were previously awarded as compensation to the reporting person for her former service as an officer of the issuer. |
Common Stock
|
18,229 |
| 2022-10-24 | Ianelli Christopher |
Director |
Other↓
Filing footnotes — Option (Direct)
Represents unvested stock options that were forfeited upon the termination of employment of the reporting person with the issuer. Stock options exercisable for an aggregate of 845 shares that were vested on the date of termination of employment of the reporting person will expire on January 22, 2023, if not exercised by the reporting person before that date. |
Option
|
564 |
| 2022-10-24 | Ianelli Christopher |
Director |
Other↓
Filing footnotes — Common Stock (Direct)
Pursuant to certain separation agreement, dated October 24, 2022, by and between the issuer and the reporting person, (i) an aggregate of 13,021 restricted stock units of the issuer (the "RSUs"), which were previously awarded to the reporting person but not settled, were settled at an accelerated vesting schedule and as a result, 13,021 shares of common stock were issued to the reporting person; and (ii) 18,229 RSUs, which were previously awarded to the reporting person and not settled, were forfeited. The RSUs were previously awarded as compensation to the reporting person for his former service as an officer of the issuer. |
Common Stock
|
18,229 |
| 2022-10-24 | Mullan Jill |
Director |
Other↓
Filing footnotes — Option (Direct)
Represents unvested stock options that were forfeited upon the termination of employment of the reporting person with the issuer. Stock options exercisable for an aggregate of 66,637 shares that were vested on the date of termination of employment of the reporting person will expire on January 22, 2023, if not exercised by the reporting person before that date. |
Option
|
564 |
| 2022-06-22 | Curley Tracy |
Director, CEO, CFO and Treasurer |
Tax↓
Filing footnotes — Common Stock (Direct)
The shares were sold and the proceeds were paid to the Issuer to satisfy tax withholding obligations. |
Common Stock
|
2,738 |
| 2022-06-22 | Mullan Jill |
Director |
Tax↓
Filing footnotes — Common Stock (Direct)
The shares were sold and the proceeds were paid to the Issuer to satisfy tax withholding obligations. |
Common Stock
|
3,124 |
| 2022-06-22 | Bielak Benjamin |
Chief Info Officer & Secretary |
Tax↓
Filing footnotes — Common Stock (Direct)
The shares were sold and the proceeds were paid to the Issuer to satisfy tax withholding obligations. |
Common Stock
|
3,148 |
| 2022-06-22 | Ianelli Christopher |
Director |
Tax↓
Filing footnotes — Common Stock (Direct)
The shares were sold and the proceeds were paid to the Issuer to satisfy tax withholding obligations. |
Common Stock
|
3,903 |
| 2022-02-23 | Ianelli Christopher |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Acquisition of shares of common stock by the Reporting Person upon the exercise of stock options. Represents the $1.00 exercise price per share of the stock options exercised, which was paid by the Reporting Person upon exercise of such stock options. |
Common Stock
|
48,106 |
| 2022-02-23 | Ianelli Christopher |
Director |
Convert↓
Filing footnotes — Option (Direct)
Represents the stock options granted to the Reporting Person on July 13, 2019, pursuant to the Issuer's 2010 Stock Incentive Plan, which were fully vested on July 14, 2019. Represents remaining granted stock options across all grants. |
Option
|
48,106 |
| 2022-02-22 | Mullan Jill |
Director |
Convert↓
Filing footnotes — Option (Direct)
Represents a portion of the stock options granted to the Reporting Person on February 1, 2019, pursuant to the Issuer's 2013 Stock Incentive Plan, which were fully vested on February 1, 2022. Represents remaining granted stock options across all grants. |
Option
|
3,099 |
| 2022-02-22 | Ianelli Christopher |
Director |
Convert↓
Filing footnotes — Option (Direct)
Represents a portion of the stock options granted to the Reporting Person on April 26, 2019, pursuant to the Issuer's 2013 Stock Incentive Plan, which were fully vested on November 30, 2021. Represents remaining granted stock options across all grants. |
Option
|
3,099 |
| 2022-02-22 | Ianelli Christopher |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Acquisition of shares of common stock by the Reporting Person upon the exercise of stock options. Represents the $1.00 exercise price per share of the stock options exercised, which was paid by the Reporting Person upon exercise of such stock options. |
Common Stock
|
3,099 |
| 2022-02-22 | Mullan Jill |
Director |
Convert↓
Filing footnotes — Option (Direct)
Represents a portion of the stock options granted to the Reporting Person on June 30, 2016, pursuant to the Issuer's 2013 Stock Incentive Plan, which were fully vested on June 30, 2019. Represents remaining granted stock options across all grants. |
Option
|
19,296 |