4/5Next Bridge Hydrocarbons, Inc.: Going-concern doubt

Market data

n/a: no ticker symbol on the filing.

Verified excerpt

"The Company had a working capital deficit as of September 30, 2025, of $ 60,326,935 . These conditions raise 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 2025-09-30)

Why this score: quarterly (unaudited) disclosure; also within 90 days: Late quarterly report (NT 10-Q)