Home / Going-concern warnings / Functional Brands Inc.

5/5Functional Brands Inc. (MEHA): Going-concern doubt

Filed 2026-03-27 路 Form 10-K 路 Accession 0001213900-26-035675 nano

Market data

Price before filing: $0.1665 (2026-03-26 close, split/dividend-adjusted)
Market cap at flag: $3.0M (2026-03-27) 路 Latest: $187,755 (2026-10-16)

What happened next

WindowMEHASPYvs SPY
30 days-33.9%+10.9%-44.8%2026-04-27
90 days-96.9%+14.1%-111.1%2026-06-25
180 days-96.8%+19.6%-116.4%2026-09-23

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

"As discussed in Note 2 to the financial statements, the Company has negative working capital and accumulated deficits to date that 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.

Going-concern opinion issued by: TAAD LLP
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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