Home / Going-concern warnings / Trutankless, Inc.
Filed 2025-11-20 路 Form 10-Q 路 Accession 0001477932-25-008519 nano
Price before filing: $0.08 (2025-11-19 close, split/dividend-adjusted)
Market cap at flag: $10.3M (2025-11-20) 路 Latest: $9.4M (2026-10-13)
| Window | TKLS | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +25.1% | +3.7% | +21.5% | 2025-12-22 |
| 90 days | +275.0% | +3.9% | +271.1% | 2026-02-18 |
| 180 days | +50.0% | +11.4% | +38.6% | 2026-05-19 |
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.
"On September 30, 2025, the Company has an accumulated deficit of $ 80,860,681 . For the nine months ended September 30, 2025, the Company had a net loss of $ 3,758,712 , and cash used in operations of $ 2,396,845 . 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 2025-09-30)
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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