4/5Bakhu Holdings, Corp.: Going-concern doubt

Market data

n/a: no ticker symbol on the filing.

Verified excerpt

"The Company has incurred losses since inception resulting in an accumulated deficit of $ 51,682,544 as of October 31, 2024 and further losses are anticipated in the development of its business raising substantial doubt about the Company's 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 2024-10-31)

Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change