Home / Going-concern warnings / Sono Group N.V.
Filed 2026-04-01 路 Form 10-K 路 Accession 0001171843-26-002178 nano
Price before filing: $6.33 (2026-03-31 close, split/dividend-adjusted)
Market cap at flag: $9.2M (2026-04-01) 路 Latest: $1.7M (2026-10-16)
| Window | SSM | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -5.2% | +10.8% | -16.0% | 2026-05-01 |
| 90 days | -31.3% | +15.1% | -46.4% | 2026-06-30 |
| 180 days | -82.6% | +18.3% | -100.9% | 2026-09-28 |
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 3 to the financial statements, the Company (i) has incurred recurring operating losses and negative cash flows from operations since inception resulting in an accumulated deficit and negative equity, (ii) has a significant amount of convertible debentures nearing maturity, and (iii) is subject to various uncertainties related to the Company's digital asset treasury strategy and exit from Sono..."
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: independent auditor report in Form 10-K (period 2025-12-31)
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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