NYC · American Strategic Investment Co.
$9.61
+0.80 (+9.08%)
At close · Jul 29
Going-concern doubt
— flagged May 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These conditions, considered in the aggregate, raise substantial doubt about the Company’s ability to continue as a going concern for a period of one year from the date of issuance of the March 31, 2026 financial statements. Management’s plans to address these conditions include paying related party fees in shares rather than cash, pursuing the refinancing or disposition of the 123 William Street property, and pursuing orderly resolution of the debt matters affecting other properties. The Advisor has indicated a willingness to lend funds to the Company for liquidity requirements as needed. Notwithstanding these plans, management has concluded that substantial doubt about the Company’s ability to continue as a going concern has not been alleviated.”View the 10-Q filed May 15, 2026
Market Cap
$25.72M
Shares
2.92M
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 |
|---|---|---|
| Nicholas S. Schorsch | CEO | $906,047 |
| Michael LeSanto | CFO | $365,276 |
| Michael Anderson | CEO | $175,255 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Michael Anderson | CEO | $544,579 |
| Michael LeSanto | CFO | $342,377 |
| Joseph Marnikovic | CFO | $64,793 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Michael LeSanto | CFO | $249,496 |
| Christopher Masterson | CFO | $175,139 |
| Michael Anderson | CEO | $129,618 |
| Joseph Marnikovic | CFO | $58,909 |
| Edward M. Weil | CEO | — |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Christopher Masterson | CFO | $290,310 |
| Michael Anderson | CEO | — |
| Joseph Marnikovic | CFO | — |
| Edward M. Weil | CEO | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Christopher Masterson | CFO | $243,285 |
| Edward M. Weil | CEO | — |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Edward M. Weil | CEO | — |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Katie P. Kurtz | CFO | $129,432 |
| Edward M. Weil | CEO | — |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Katie P. Kurtz | CFO | $37,153 |
| Edward M. Weil | CEO | — |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Nicholas S. Schorsch, Jr. | Class III director and Chairman of the Board | Appointed | 2026-07-13 |
| Edward M. Weil, Jr. | Class III director and Chairman of the Board of Directors | Resigned | 2026-07-13 |