Like a frog in a pot of boiling water, things keep getting more uncomfortable for Super Micro Computer (NASDAQ: SMCI) as times goes on. Supermicro's growing accounting debacle began in late August as the target of a short report from Hindenburg Research.

Shares of Super Micro Computer (SMCI) hit a new 52-week low on Thursday morning as the AI-focused hardware company struggles with filing its quarterly report (Form 10-Q) for the period ending September 30.

This isn't the first time Super Micro Computer investors faced delisting risks. In 2018, trading in the stock was suspended on the Nasdaq.

Super Micro Computer (NASDAQ: SMCI) stock fell in Wednesday's trading after the company said that it would not be able to file its quarterly 10-Q report on time. The company's share price closed out the daily session down 6.

Super Micro Computer is still dropping, and is five times cheaper than its March 2024 peak. Read why I believe SMCI is very attractively valued.

Super Micro Computer stock could be getting delisted soon. Now, investors who own the stock have to decide whether they want to continue holding the stock. Why could Super Micro get delisted? It delayed filing its 10-K for the fiscal year ended June 30,

Super Micro Computer, Inc. (NASDAQ:SMCI) stock is trading lower Wednesday after it announced that it could not file its fiscal first-quarter 2025 Form 10-Q for the September 30, 2024 quarter due to excessive effort and cost.

Super Micro Computer stock (NASDAQ: SMCI) fell by about 6% in Tuesday’s trading and remains down 54% over the past month amid significant corporate governance concerns and questions about the company’s financial reporting.