Home / Going-concern warnings / SMART FOR LIFE, INC.

3/5SMART FOR LIFE, INC. (SMFL): Going-concern doubt

Filed 2025-06-11 路 Form 10-Q 路 Accession 0001213900-25-053419 nano

Market data

Price before filing: $0.0086 (2025-06-10 close, split/dividend-adjusted)
Market cap at flag: $29,739 (2025-06-11) 路 Latest: $346 (2026-10-13)

What happened next

WindowSMFLSPYvs SPY
30 days-98.8%+3.7%-102.5%2025-07-11
90 days-94.2%+8.2%-102.3%2025-09-09
180 days-89.5%+14.0%-103.5%2025-12-08

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

"The Company has sustained recurring losses and has a deficiency in working capital of approximately $ 8.2 million at September 30, 2024, which raises substantial doubt about its 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 2024-09-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

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

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.