NOTVQ · Inotiv, Inc.
$0.01
At close · Jul 17
Going-concern doubt
— flagged May 11, 2026
Substantial doubt about the company's ability to continue as a going concern.
“the Company believes its existing cash and cash equivalents, together with cash generated from operations, will not be sufficient to fund its operations and satisfy its obligations for the next 12 months, absent a transaction that positively impacts the Company's liquidity and reduces its debt obligations. Further, management's fiscal 2026 annual operating plan forecasts noncompliance with its financial covenants pursuant to the Credit Agreement.”View the 10-Q filed May 11, 2026
Market Cap
$387,258
Shares
34.89M
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 |
|---|---|---|
| Robert Leasure | — | $1,659,378 |
| Beth Taylor | — | $483,706 |
| John E. Sagartz | — | $474,750 |
| John Sagartz | — | $474,750 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Robert Leasure | — | $4,520,938 |
| Beth Taylor | — | $550,721 |
| John E. Sagartz | — | $488,619 |
| John Sagartz | — | $488,619 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Robert Leasure | — | $10,770,157 |
| Beth Taylor | — | $1,710,765 |
| John E. Sagartz | — | $1,343,254 |
| John Sagartz | — | $1,343,254 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Robert W. Leasure, Jr. | Class I member of the Board | Appointed | 2025-03-13 |
| R. Matthew Neff | Class I member of the Board | Appointed | 2025-03-13 |
| John E. Sagartz | Class III member of the Board | Appointed | 2024-03-19 |
| David Landman | Class III member of the Board | Appointed | 2024-03-19 |
| Michael J. Harrington | Class III member of the Board | Appointed | 2024-03-19 |
| Richard A. Johnson, Ph.D. | director | Resigned | 2023-10-19 |
| Terry Coelho | Class II director | Appointed | 2023-10-19 |
| David Landman | Class III director | Appointed | 2023-01-23 |
| Scott Cragg | member of the Board of Directors | Resigned | 2023-01-23 |
| Brennan Freeman | Vice President – Finance and Corporate Controller | Appointed | 2022-10-31 |
| James Harkness | Chief Operating Officer, Research Models & Services | Retired | 2022-06-24 |