Home / Going-concern warnings / WEWARDS, INC.
Filed 2026-09-14 路 Form 10-K 路 Accession 0001079973-26-001253 micro
Price before filing: $2 (2026-09-11 close, split/dividend-adjusted)
Market cap at flag: $215.0M (2026-09-14) 路 Latest: $215.0M (2026-10-12)
| Window | WEWA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | n/a | n/a | n/a | no price after 2026-10-12 |
| 90 days | pending | pending | until 2026-12-13 | |
| 180 days | pending | pending | until 2027-03-13 |
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.
"As discussed in Note 2 to the financial statements, the Company has suffered net losses from operations, has a net capital deficiency, and has negative cash flow from operations which raises substantial doubt about its 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.
Going-concern opinion issued by: M&K CPAS, PLLC
Source: independent auditor report in Form 10-K (period 2026-05-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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