Home / Going-concern warnings / Pineapple Financial Inc.
Filed 2026-01-21 路 Form 10-Q 路 Accession 0001493152-26-002942 nano
Price before filing: $0.97 (2026-01-20 close, split/dividend-adjusted)
Market cap at flag: $1.9M (2026-01-21) 路 Latest: $1.2M (2026-10-16)
| Window | PAPL | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -26.6% | +1.7% | -28.4% | 2026-02-20 |
| 90 days | -39.2% | +4.2% | -43.4% | 2026-04-21 |
| 180 days | -9.5% | +10.1% | -19.6% | 2026-07-20 |
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 2025-10-23 to 2026-02-20. 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.
"These conditions raise substantial doubt about the Company's 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 2025-11-30)
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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