Going concern warnings
How this is computed
In the last 12 months, 1,346 companies filed a 10-K, 10-Q, 20-F, 40-F or 6-K that states substantial doubt about their ability to continue as a going concern (4,038 filings), in Kresmion's read of filings through Nov 6, 2026; 214 of them are blank-check companies (SPACs).
Kresmion reads each company's periodic SEC filings with deterministic text rules and lists a filing only when it states substantial doubt about the company's own ability to continue as a going concern as a present conclusion; possible or future doubt, alleviated doubt, doubt about another entity, policy text and 8-K reports are left out, and so is a filing whose full text says the doubt was alleviated. Each row quotes the filing.
Which companies' filings state substantial doubt?
latest filing read Nov 6, 2026| Company | Filing | What the filing says |
|---|---|---|
| CETXCEMTREX INC | 10-Q Aug 14, 2026 | While the Company's losses and current debt indicate a substantial doubt regarding the Company's ability to continue as a going concern…Read the 10-Q on SEC EDGAR |
| GTIJFGRAPHJET TECHNOLOGY | 10-K Dec 23, 2025 | These factors, among others, raise substantial doubt about its ability to continue as a going concern.Read the 10-K on SEC EDGAR |
| VHAIVocodia Holdings Corp | 10-Q Dec 22, 2025 | As such, there is substantial doubt about the company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| PNXPPINEAPPLE EXPRESS CANNABIS Co | 10-Q Dec 19, 2025 | These factors raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| BACKIMAC Holdings, Inc. | 10-Q Dec 17, 2025 | Our management team has determined that our financial condition raises substantial doubt as to our ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| STAIScanTech AI Systems Inc. | 10-Q Dec 15, 2025 | As a result of the foregoing, management has determined that there is substantial doubt about the Company's ability to continue as a going concern for at least one year from the date these condensed consolidated financial statements are issued.Read the 10-Q on SEC EDGAR |
| EMCGFEmbrace Change Acquisition Corp. | 10-Q Dec 10, 2025 | …redeem the Public Shares and thereafter liquidate and dissolve raises substantial doubt about the Company's ability to continue as a going concern within one year after the date that the unaudited interim consolidated financial statements are issued.Read the 10-Q on SEC EDGAR |
| AUCATIF Holdings Ltd | 20-F Dec 9, 2025 | …these factors indicate the existence of an uncertainty that raises substantial doubt about our ability to continue as a going concern and is dependent on our ability to raise addition working capital through debt or equity financings.Read the 20-F on SEC EDGAR |
| AVNIARVANA INC | 10-Q Dec 1, 2025 | These factors raise substantial doubt about the Company's ability to continue as a going concern for a period of one year from the date these consolidated financial statements are issued.Read the 10-Q on SEC EDGAR |
| AHROAuthentic Holdings, Inc. | 10-Q Nov 25, 2025 | These factors, among others, raise substantial doubt about our ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| BASABASANITE, INC. | 10-Q Nov 25, 2025 | These conditions raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| FGNVFORGE INNOVATION DEVELOPMENT CORP. | 10-Q Nov 24, 2025 | These conditions raise substantial doubt about the ability of the Company to continue as a going concern.Read the 10-Q on SEC EDGAR |
| KAYSKaya Holdings, Inc. | 10-Q Nov 20, 2025 | These matters raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| WHENWORLD HEALTH ENERGY HOLDINGS, INC. | 10-Q Nov 19, 2025 | As a result, there is substantial doubt regarding the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| WINTWINDTREE THERAPEUTICS INC /DE/ | 10-Q Nov 19, 2025 | These conditions raise substantial doubt about our ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| WYTCWYTEC INTERNATIONAL INC | 10-Q Nov 19, 2025 | These conditions raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| NFSNNongfu Shop Digital New Retail Co., Ltd | 10-Q Nov 19, 2025 | These factors raise substantial doubt about the Company's ability to continue as a going concern for at least the next twelve months from the date the Company's interim financial statements are released.Read the 10-Q on SEC EDGAR |
| CLNVClean Vision Corp | 10-Q Nov 19, 2025 | These conditions and the ability to successfully resolve these factors raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| FRQNFrequency Holdings, Inc | 10-Q Nov 19, 2025 | These factors raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| COOLCorner Growth Acquisition Corp. | 10-Q Nov 18, 2025 | The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of the financial statements included herein.Read the 10-Q on SEC EDGAR |
| NPTTexxon Holding Ltd | 20-F Nov 18, 2025 | There is substantial doubt about our ability to continue as a going concern.Read the 20-F on SEC EDGAR |
| GELSGelteq Ltd | 20-F Nov 17, 2025 | There is substantial doubt about our ability to continue as a going concern.Read the 20-F on SEC EDGAR |
| RGPXREGENEREX PHARMA, INC. | 10-Q Nov 17, 2025 | These factors raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| FRZTFreeze Tag, Inc. | 10-Q Nov 17, 2025 | These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| ADNHADVENT TECHNOLOGIES HOLDINGS, INC. | 10-Q Nov 17, 2025 | …management has concluded that substantial doubt exists with respect to the Company's ability to continue as a going concern for one year from the date the consolidated financial statements are issued.Read the 10-Q on SEC EDGAR |
| CLSDQ.DClearside Biomedical, Inc. | 10-Q Nov 14, 2025 | These conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date the consolidated financial statements are issued.Read the 10-Q on SEC EDGAR |
| BLMHBLUM HOLDINGS, INC. | 10-Q Nov 14, 2025 | …ability to raise capital, the limited capital resources, and the weak industry conditions impacting the Company's business raise substantial doubt as to its ability to continue as a going concern for twelve months from the issuance of these financial statements.Read the 10-Q on SEC EDGAR |
| SIGYSigyn Therapeutics, Inc. | 10-Q Nov 14, 2025 | These matters raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| LIPOLIPELLA PHARMACEUTICALS INC. | 10-Q Nov 14, 2025 | These factors individually and collectively raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| ITRMFIterum Therapeutics plc | 10-Q Nov 14, 2025 | These risks include the following: We have identified conditions and events that raise substantial doubt about our ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| IOBTQIO Biotech, Inc. | 10-Q Nov 14, 2025 | As a result, management has concluded that the aforementioned conditions, among others, raise substantial doubt about the Company's ability to continue as a going concern for one year after the date the financial statements are issued and therefore…Read the 10-Q on SEC EDGAR |
| ZIVOZivo Bioscience, Inc. | 10-Q Nov 14, 2025 | These factors raise substantial doubt about the Company's ability to continue as a going concern within one year after the date the financial statements are issued.Read the 10-Q on SEC EDGAR |
| HWNIHIGH WIRE NETWORKS, INC. | 10-Q Nov 14, 2025 | These factors raise substantial doubt regarding the Company's ability to continue as a going concern for a period of one year from the issuance of these unaudited condensed consolidated financial statements.Read the 10-Q on SEC EDGAR |
| ECIAENCISION INC | 10-Q Nov 13, 2025 | As such, there is substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| RHNORHINO BITCOIN INC. | 10-K Nov 13, 2025 | These conditions raise substantial doubt about our ability to continue as a going concern.Read the 10-K on SEC EDGAR |
| NNAXNew Momentum Corp. | 10-Q Nov 13, 2025 | These raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| SCAGScage Future | 20-F Nov 12, 2025 | There is substantial doubt about our ability to continue as a going concern.Read the 20-F on SEC EDGAR |
| LCFYLocafy Ltd | 20-F Nov 12, 2025 | There is substantial doubt about our ability to continue as a going concern.Read the 20-F on SEC EDGAR |
| CARMCarisma Therapeutics Inc. | 10-Q Nov 12, 2025 | As a result of these conditions, substantial doubt exists about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| BSPKBespoke Extracts, Inc. | 10-Q Nov 12, 2025 | This raises substantial doubt about the Company's ability to continue as a going concern for a period of one year from the date of these financial statements.Read the 10-Q on SEC EDGAR |
| BSLKBolt Projects Holdings, Inc. | 10-Q Nov 12, 2025 | …Our history of losses and negative cash flows from operations and the need for substantial capital raise substantial doubt about our ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| PEVMPHOENIX MOTOR INC. | 10-Q Nov 12, 2025 | These factors raise substantial doubt as to the Group's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| MCOMmicromobility.com Inc. | 10-Q Nov 12, 2025 | These conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued.Read the 10-Q on SEC EDGAR |
| TWNPQTwin Hospitality Group Inc. | 10-Q Nov 12, 2025 | These factors create substantial doubt about the Company's ability to continue as a going concern within the twelve-month period subsequent to the date that these financial statements are issued.Read the 10-Q on SEC EDGAR |
| CYANCYANOTECH CORP | 10-Q Nov 10, 2025 | These conditions raise substantial doubt about the Company's ability to continue as a going concern.Read the 10-Q on SEC EDGAR |
| MIBEMIAMI BREEZE CAR CARE INC | 10-Q Nov 10, 2025 | These factors raise substantial doubt about the Company's ability to continue as a going concern for a period of twelve months from the issuance date of this report.Read the 10-Q on SEC EDGAR |
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Method
- Each row is a filing of the last 12 months (10-K, 10-Q, 20-F, 40-F or 6-K) in which the company itself states substantial doubt about its ability to continue as a going concern. The quote is that sentence, taken from the filing; "…" marks where Kresmion's stored excerpt cut it.
- A company is listed only while that filing is its most recent 10-K, 10-Q, 20-F or 40-F in Kresmion's record (a 6-K may follow it). Once a newer annual or quarterly report is on file without the statement, the company leaves the list.
- A filing is listed only when it states the doubt as a present conclusion (in the notes, the discussion, the auditor's report or a risk factor worded as fact). Not listed: a possible or future doubt ("could raise", "future conditions"), doubt that management's plans or new funds have alleviated, doubt about a subsidiary only, accounting-policy text with no conclusion, a former auditor's earlier opinion, and 8-K current reports.
- Kresmion also reads each listed filing's full text: a filing that says anywhere that the doubt has been alleviated, or no longer exists, is left out. The doubt must be about the company itself, not a subsidiary, a tenant or a borrower, and an accounting step taken before management's plans is not read as the conclusion.
- A filing can also describe management's plans to address the doubt. Read the filing for the full context.
- Kresmion reads the filings with deterministic text rules; no language model decides a row. Before publication Kresmion reviewed every quote on the list, and a row any review rejected is a test the rules must pass.
- Blank-check companies (SPACs) are listed apart, under their own switch: their filings tie the doubt to the deadline for completing a business combination, which is routine for the form. Kresmion marks a row as a SPAC from the filing's own wording.
- "N filings in 12 months" counts the filings in Kresmion's record with the same statement; it is not a claim about the company's full history.
- Source: the companies' own filings with the U.S. Securities and Exchange Commission (EDGAR). Information only, not investment advice.
Cite this data
Kresmion reads each company's periodic SEC filings with deterministic text rules and lists a filing only when it states substantial doubt about the company's own ability to continue as a going concern as a present conclusion; possible or future doubt, alleviated doubt, doubt about another entity, policy text and 8-K reports are left out, and so is a filing whose full text says the doubt was alleviated. Each row quotes the filing.
Upstream: SEC EDGAR: 10-K, 10-Q, 20-F, 40-F and 6-K filings
Kresmion, "Kresmion Going Concern Warnings", data as of 2026-11-06, https://kresmion.com/tools/going-concern. Upstream data: SEC EDGAR: 10-K, 10-Q, 20-F, 40-F and 6-K filings.
Link to this data (HTML):
<a href="https://kresmion.com/tools/going-concern">Kresmion Going Concern Warnings (Kresmion)</a>
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