Home / Going-concern warnings / Trutankless, Inc.
Filed 2025-10-09 路 Form 10-Q 路 Accession 0001477932-25-007445 nano
Price before filing: $0.001 (2025-10-08 close, split/dividend-adjusted)
Market cap at flag: $129,043 (2025-10-09) 路 Latest: $9.4M (2026-10-13)
| Window | TKLS | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +2500.0% | +1.2% | +2498.8% | 2025-11-10 |
| 90 days | +34900.0% | +2.8% | +34897.2% | 2026-01-07 |
| 180 days | +10900.0% | -1.5% | +10901.5% | 2026-04-07 |
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.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-07-11 to 2025-11-08. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"On March 31, 2025, the Company has an accumulated deficit of $ 78,697,850 . For the three months ended March 31, 2025, the Company had a net loss of $ 1,595,881 , and cash used in operations of $ 707,142 . These factors raise substantial doubt about the Company's ability to continue as a going concern within one year from the date of filing."
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 2025-03-31)
Why this score: quarterly (unaudited) disclosure; 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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