NDRA · ENDRA Life Sciences Inc.
$4.60
+0.03 (+0.55%)
At close · Aug 7
Going-concern doubt
— flagged May 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company has not established an ongoing source of revenue sufficient to cover its operating costs and to allow it to continue as a going concern and will require additional financing to fund its future planned operations, including research and development and commercialization of its products. These matters raise substantial doubt about the Company's ability to continue as going concern.”View the 10-Q filed May 15, 2026
Market Cap
$5.84M
Shares
1.27M
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 2024
| Executive | Role | Total |
|---|---|---|
| Francois Michelon | CEO | $314,650 |
| Michael Thornton | CTO | $222,082 |
| Alexander Tokman | CEO | $215,185 |
| Irina Pestrikova | Board Member | $126,298 |
| Richard Jacroux | CFO | $95,900 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Francois Michelon | CEO | $646,787 |
| Michael Thornton | CTO | $531,977 |
| Irina Pestrikova | Board Member | $214,724 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Michael Harsh | director | Appointed | 2025-12-15 |
| Alexander Tokman | director | Appointed | 2025-12-15 |
| Anthony DiGiandomenico | director | Appointed | 2025-12-15 |
| Louis J. Basenese | director | Appointed | 2025-12-15 |
| Michael Thornton | Chief Technology Officer | Resigned | 2025-11-28 |
| Alexander Tokman | Chairman | Appointed | 2024-08-13 |
| Alexander Tokman | acting Chief Executive Officer | Appointed | 2024-08-13 |
| Francois Michelon | member of the Company’s Board of Directors | Resigned | 2024-08-13 |
| Francois Michelon | Chief Executive Officer | Resigned | 2024-08-13 |
| Richard Jacroux | Head of Finance | Appointed | 2024-08-09 |
| Irina Pestrikova | Senior Director, Finance | Resigned | 2024-08-09 |