Home / Going-concern warnings / CYPHERPUNK TECHNOLOGIES INC.
Filed 2025-08-14 路 Form 10-Q 路 Accession 0001410578-25-001774 nano
Price before filing: $0.339 (2025-08-13 close, split/dividend-adjusted)
Market cap at flag: $10.1M (2025-08-14) 路 Latest: $453.0M (2026-10-16)
| Window | CYPH | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -8.8% | +2.5% | -11.2% | 2025-09-15 |
| 90 days | +504.7% | +6.3% | +498.5% | 2025-11-12 |
| 180 days | +84.4% | +7.9% | +76.5% | 2026-02-10 |
| 1 year | +90.0% | +21.7% | +68.3% | 2026-08-14 |
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.
"In addition to those risk factors, you should consider the following: Our management as of June 30, 2025 has concluded that due to our need for additional capital, and the uncertainties surrounding our ability to raise such funding, substantial doubt exists as to 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 2025-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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Not investment advice. Automated summary; verify against the filing.
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