Home / Going-concern warnings / WEWARDS, INC.
Filed 2025-04-16 路 Form 10-Q 路 Accession 0001079973-25-000655 micro
Price before filing: $2.11 (2025-04-15 close, split/dividend-adjusted)
Market cap at flag: $226.8M (2025-04-16) 路 Latest: $215.0M (2026-10-12)
| Window | WEWA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +0.0% | +10.5% | -10.5% | 2025-05-16 |
| 90 days | +0.0% | +16.1% | -16.1% | 2025-07-15 |
| 180 days | +0.0% | +24.0% | -24.0% | 2025-10-13 |
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.
"These factors raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
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 2025-02-28)
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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