Home / Going-concern warnings / GEMAXEL INC

3/5GEMAXEL INC (WDDD): Going-concern doubt

Filed 2026-06-05 路 Form 10-Q 路 Accession 0000001961-26-000025 nano

Market data

Price before filing: $0.0003 (2026-06-04 close, split/dividend-adjusted)
Market cap at flag: $17,134 (2026-06-05) 路 Latest: $28,556 (2026-10-14)

What happened next

WindowWDDDSPYvs SPY
30 days+66.7%-0.5%+67.2%2026-07-06
90 days+233.3%+2.4%+230.9%2026-09-03
180 dayspendingpendinguntil 2026-12-02

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"This raises substantial doubt about its ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-06-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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