Home / Going-concern warnings / Royale Energy, Inc.
Filed 2026-08-31 路 Form 10-Q 路 Accession 0001185185-26-003760 nano
Price before filing: $0.01 (2026-08-28 close, split/dividend-adjusted)
Market cap at flag: $1.0M (2026-08-31) 路 Latest: $7.7M (2026-10-16)
| Window | ROYL | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +537.0% | -0.6% | +537.6% | 2026-09-30 |
| 90 days | pending | pending | until 2026-11-29 | |
| 180 days | pending | pending | until 2027-02-27 |
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.
"At December 31, 2025, our working capital deficiency was $ 11,550,839 and our accumulated deficit was $ 94,566,369 . These factors indicate that there is substantial doubt about our 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 2026-03-31)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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