Home / Going-concern warnings / REVIVA PHARMACEUTICALS HOLDINGS, INC.

5/5REVIVA PHARMACEUTICALS HOLDINGS, INC. (RVPH): Going-concern doubt

Filed 2025-04-03 路 Form 10-K 路 Accession 0001437749-25-010791 nano

Market data

Price before filing: $11.23 (2025-04-02 close, split/dividend-adjusted)
Market cap at flag: $28.1M (2025-04-03) 路 Latest: $6.6M (2026-10-16)

What happened next

WindowRVPHSPYvs SPY
30 days+51.8%-0.2%+52.0%2025-05-05
90 days-31.4%+10.2%-41.7%2025-07-02
180 days-34.4%+18.7%-53.1%2025-09-30

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 consolidated financial statements, the Company has suffered recurring losses from operations and has a net capital deficiency that raise 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: independent auditor report in Form 10-K (period 2024-12-31)

Why this score: in auditor's report; also within 90 days: Auditor change

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.

Newsletter delivered by beehiiv. See our privacy policy.