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4/5TRANS LUX Corp (TNLX): Going-concern doubt

Filed 2026-02-13 路 Form 10-K 路 Accession 0001104659-26-015115 nano

Market data

Price before filing: $0.06 (2026-02-12 close, split/dividend-adjusted)
Market cap at flag: $809,760 (2026-02-13) 路 Latest: $13,496 (2026-10-12)

What happened next

WindowTNLXSPYvs SPY
30 days-83.3%-1.8%-81.5%2026-03-16
90 days-83.3%+10.1%-93.5%2026-05-14
180 days-83.3%+14.0%-97.3%2026-08-12

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

"Our continuing operating losses and uncertainty regarding our ability to make the required minimum funding contributions to the defined benefit pension plan and the past due principal and payments on our outstanding 8录% Limited convertible senior subordinated notes due 2012 (the "Notes") and 9陆% Subordinated debentures due 2012 (the "Debentures") raise substantial doubt about our ability to continue as a going..."

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-K (period 2024-12-31)

Read the original filing on SEC.gov →

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

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