Home / Going-concern warnings / LUDWIG ENTERPRISES, INC.
Filed 2026-03-16 路 Form 10-K 路 Accession 0001213900-26-028315 nano
Price before filing: $0.039 (2026-03-13 close, split/dividend-adjusted)
Market cap at flag: $6.4M (2026-03-16) 路 Latest: $572,570 (2026-10-15)
| Window | LUDG | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -10.3% | +6.0% | -16.2% | 2026-04-15 |
| 90 days | -43.6% | +14.3% | -57.9% | 2026-06-15 |
| 180 days | -71.8% | +15.5% | -87.3% | 2026-09-14 |
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 1 to the financial statements, the Company has experienced a net loss and negative cash flows from operations for theyear ended December 31, 2025, which raises substantial doubt about its 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: independent auditor report in Form 10-K (period 2025-12-31)
Why this score: in auditor's report; 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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