diff --git a/quickjs.c b/quickjs.c
index bbac00c33..fcc71629a 100644
--- a/quickjs.c
+++ b/quickjs.c
@@ -32042,6 +32042,7 @@ static JSValue js_dynamic_import(JSContext *ctx, JSValueConst specifier,
 static void js_set_module_evaluated(JSContext *ctx, JSModuleDef *m)
 {
     m->status = JS_MODULE_STATUS_EVALUATED;
+    m->async_evaluation = false;
     if (!JS_IsUndefined(m->promise)) {
         JSValue ret_val;
         assert(m->cycle_root == m);
@@ -32137,6 +32138,7 @@ static JSValue js_async_module_execution_rejected(JSContext *ctx, JSValueConst t
     module->eval_has_exception = true;
     module->eval_exception = js_dup(error);
     module->status = JS_MODULE_STATUS_EVALUATED;
+    module->async_evaluation = false;
 
     for(i = 0; i < module->async_parent_modules_count; i++) {
         JSModuleDef *m = module->async_parent_modules[i];
diff --git a/test262_errors.txt b/test262_errors.txt
index 082fb016a..25d92040e 100644
--- a/test262_errors.txt
+++ b/test262_errors.txt
@@ -35,7 +35,6 @@ test262/test/language/module-code/ambiguous-export-bindings/import-and-export-pr
 test262/test/language/module-code/ambiguous-export-bindings/namespace-unambiguous-if-export-star-as-from-and-import-star-as-and-export.js:74: SyntaxError: export 'foo' in module 'test262/test/language/module-code/ambiguous-export-bindings/nam' is ambiguous
 test262/test/language/module-code/ambiguous-export-bindings/namespace-unambiguous-if-export-star-as-from.js:75: SyntaxError: export 'foo' in module 'test262/test/language/module-code/ambiguous-export-bindings/nam' is ambiguous
 test262/test/language/module-code/ambiguous-export-bindings/namespace-unambiguous-if-import-star-as-and-export.js:74: SyntaxError: export 'foo' in module 'test262/test/language/module-code/ambiguous-export-bindings/nam' is ambiguous
-test262/test/language/module-code/top-level-await/module-graphs-does-not-hang.js:10: TypeError: $DONE() not called
 test262/test/language/module-code/top-level-await/rejection-order.js:20: TypeError: $DONE() not called
 test262/test/language/statements/await-using/initializer-Symbol.asyncDispose-disposed-at-end-of-imported-module.js:11: SyntaxError: exported variable 'resource' does not exist
 test262/test/language/statements/await-using/initializer-Symbol.dispose-disposed-at-end-of-imported-module.js:11: SyntaxError: exported variable 'resource' does not exist
diff --git a/tests.conf b/tests.conf
index 192656e0b..81f42ae23 100644
--- a/tests.conf
+++ b/tests.conf
@@ -16,3 +16,8 @@ tests/fixture_throwing_module.js
 tests/fixture_reexport_source.js
 tests/fixture_reexport_missing.js
 tests/fixture_reexport_direct.js
+tests/fixture_async_leaf.js
+tests/fixture_async_sync_parent.js
+tests/fixture_async_grandparent.js
+tests/fixture_async_rejects.js
+tests/fixture_async_rejects_parent.js
diff --git a/tests/fixture_async_grandparent.js b/tests/fixture_async_grandparent.js
new file mode 100644
index 000000000..9cab842b7
--- /dev/null
+++ b/tests/fixture_async_grandparent.js
@@ -0,0 +1,3 @@
+/* imports the already evaluated sync parent: nothing here is async */
+import { parent } from "./fixture_async_sync_parent.js";
+export const grandparent = parent + 1;
diff --git a/tests/fixture_async_leaf.js b/tests/fixture_async_leaf.js
new file mode 100644
index 000000000..ed393c733
--- /dev/null
+++ b/tests/fixture_async_leaf.js
@@ -0,0 +1,3 @@
+/* a module with a top-level await: it evaluates asynchronously */
+await Promise.resolve();
+export const leaf = 1;
diff --git a/tests/fixture_async_rejects.js b/tests/fixture_async_rejects.js
new file mode 100644
index 000000000..fcc67f825
--- /dev/null
+++ b/tests/fixture_async_rejects.js
@@ -0,0 +1,3 @@
+/* an async module that rejects after its top-level await */
+await Promise.resolve();
+throw new Error("leaf boom");
diff --git a/tests/fixture_async_rejects_parent.js b/tests/fixture_async_rejects_parent.js
new file mode 100644
index 000000000..76c0c28fe
--- /dev/null
+++ b/tests/fixture_async_rejects_parent.js
@@ -0,0 +1,3 @@
+/* a sync module whose only asynchrony comes from the rejecting leaf */
+import "./fixture_async_rejects.js";
+export const unreachable = 1;
diff --git a/tests/fixture_async_sync_parent.js b/tests/fixture_async_sync_parent.js
new file mode 100644
index 000000000..87c7efdcb
--- /dev/null
+++ b/tests/fixture_async_sync_parent.js
@@ -0,0 +1,5 @@
+/* no top-level await of its own, but an async dependency: the module is
+   marked [[AsyncEvaluation]] while it waits for the leaf and must be
+   unmarked once it has run */
+import { leaf } from "./fixture_async_leaf.js";
+export const parent = leaf + 1;
diff --git a/tests/module-async-evaluation-flag.js b/tests/module-async-evaluation-flag.js
new file mode 100644
index 000000000..8eecb96a9
--- /dev/null
+++ b/tests/module-async-evaluation-flag.js
@@ -0,0 +1,70 @@
+import { assert } from "./assert.js";
+
+/* [[AsyncEvaluation]] must be cleared once a module has finished evaluating.
+   A module that is only asynchronous because a dependency has a top-level
+   await keeps the flag set otherwise, and the *next* module that imports it
+   then treats a finished module as a pending async dependency: it registers
+   itself in [[AsyncParentModules]] of a module that will never notify its
+   parents again, so its evaluation promise never settles. */
+
+/* Settling is decided against a bounded chain of microtask turns rather than
+   a timer: a working import settles in a handful of turns, a wedged one
+   never settles at all. */
+function turns(n) {
+    let p = Promise.resolve();
+    for (let i = 0; i < n; i++)
+        p = p.then(() => {});
+    return p.then(() => "pending");
+}
+
+async function settles(promise) {
+    return Promise.race([promise.then(v => ({ ok: v }), e => ({ err: e })),
+                         turns(200)]);
+}
+
+/* the leaf has the top-level await, the parent only inherits its asynchrony */
+{
+    const parent = await settles(import("./fixture_async_sync_parent.js"));
+    assert(parent.ok !== undefined, true, "parent import settled");
+    assert(parent.ok.parent, 2);
+}
+
+/* importing the finished module again must not wedge */
+{
+    const again = await settles(import("./fixture_async_sync_parent.js"));
+    assert(again.ok !== undefined, true, "re-import settled");
+    assert(again.ok.parent, 2);
+}
+
+/* and neither must a fresh module that depends on it: this is the one that
+   used to hang, because the finished parent still looked async */
+{
+    const grand = await settles(import("./fixture_async_grandparent.js"));
+    assert(grand.ok !== undefined, true, "grandparent import settled");
+    assert(grand.ok.grandparent, 3);
+}
+
+/* the leaf itself is fine too, before and after */
+{
+    const leaf = await settles(import("./fixture_async_leaf.js"));
+    assert(leaf.ok !== undefined, true, "leaf import settled");
+    assert(leaf.ok.leaf, 1);
+}
+
+/* a rejecting async module must clear the flag as well, so that a later
+   importer of a *different* finished module is unaffected and the rejected
+   one keeps reporting its error rather than hanging */
+{
+    const bad = await settles(import("./fixture_async_rejects.js"));
+    assert(bad.err instanceof Error, true, "rejecting module settled");
+    assert(bad.err.message, "leaf boom");
+
+    const badAgain = await settles(import("./fixture_async_rejects.js"));
+    assert(badAgain.err instanceof Error, true, "re-import settled");
+    assert(badAgain.err.message, "leaf boom");
+
+    /* a module importing the failed one reports the same failure, promptly */
+    const importer = await settles(import("./fixture_async_rejects_parent.js"));
+    assert(importer.err instanceof Error, true, "importer settled");
+    assert(importer.err.message, "leaf boom");
+}