PETS
Petmed Express Inc
$1.96
+0.00 (+0.00%)
At close · Jul 10
Going-concern doubt
— cleared Jun 2, 2026
The latest filing states the doubt was alleviated.
“The Company’s liquidity position at March 31, 2026 has been impacted by declining cash balances, declining net sales, recurring operating losses and for fiscal 2026, negative operating cash flows. When considered in the aggregate, these conditions raised substantial doubt about the Company's ability to continue as a going concern within the assessment period, defined as twelve months after the date that our consolidated financial statements are issued. Management evaluated the significance of these conditions in relation to the Company’s ability to meet its obligations within the assessment period and has developed a plan intended to alleviate substantial doubt. The primary elements of the plan include, among other things, advertising and media spend optimization, strategic reductions in operating expenses, including decreases in professional fees following the resolution of non-recurring matters, and reductions in capital expenditures. Management determined that these plans are probable of being effectively implemented and are probable of mitigating the conditions that raised substantial doubt and has concluded that substantial doubt about the Company’s ability to continue as a going concern for the twelve-month period following issuance of these consolidated financial statements has been alleviated.”View the 10-K filed Jun 2, 2026
Market Cap
$41.88M
Shares
21,365,782
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 2026
| Executive | Role | Total |
|---|---|---|
| Leslie Campbell | CEO | $830,219 |
| Sandra Campos | CEO | $683,759 |
| Robyn D’Elia | CFO | $511,386 |
| Douglas Krulik | Chief Accounting Officer | $426,840 |
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Sandra Campos | CEO | $3,894,599 |
| Robyn D’Elia | CFO | $1,140,714 |
| Douglas Krulik | Chief Accounting Officer | $336,659 |
| Leslie Campbell | CEO | $78,200 |