Home / Going-concern warnings / BioNexus Gene Lab Corp
Filed 2026-05-15 路 Form 10-Q 路 Accession 0001477932-26-003242 nano
Price before filing: $1.98 (2026-05-14 close, split/dividend-adjusted)
Market cap at flag: $4.9M (2026-05-15) 路 Latest: $2.9M (2026-10-16)
| Window | BGLC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +26.3% | +0.9% | +25.4% | 2026-06-15 |
| 90 days | -17.2% | +4.2% | -21.4% | 2026-08-13 |
| 180 days | pending | pending | until 2026-11-11 |
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.
"As reflected in the accompanying consolidated financial statements, for the period ended March 31, 2026, the Company recorded a net loss of $ 543,575 and negative cash outflows from operating activities of $ 147,671 and as of March 31, 2026, the Company incurred an accumulated deficit of $ 6,970,802 . These factors raise substantial doubt about the Company's ability to continue as a going concern within one year of..."
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 2026-03-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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