Home / Going-concern warnings / FLYWHEEL ADVANCED TECHNOLOGY, INC.

2/5FLYWHEEL ADVANCED TECHNOLOGY, INC. (FWFW): Going-concern doubt alleviated

Filed 2026-02-13 路 Form 10-Q 路 Accession 0001493152-26-006511 nano

Market data

Price before filing: $0.068 (2026-02-12 close, split/dividend-adjusted)
Market cap at flag: $2.0M (2026-02-13) 路 Latest: $5.9M (2026-10-16)

What happened next

WindowFWFWSPYvs SPY
30 days+486.8%-1.8%+488.6%2026-03-16
90 days+33.8%+10.1%+23.7%2026-05-14
180 days+269.1%+14.0%+255.1%2026-08-12
1 yearpendingpendinguntil 2027-02-13

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.

Insider trading around this filing

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 2025-11-15 to 2026-03-15. 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.

Verified excerpt

"As such, the Company believes that the substantial doubt about our ability to continue as a going concern has been alleviated as a result of consideration of management's plans. 11 (D) Use of estimates The preparation of unaudited condensed financial statements in accordance with U.S."

Quoted from the filing. Source

What this means

Going-concern doubt disclosed, then alleviated: the company said conditions raised substantial doubt about its ability to continue as a going concern, but that its plans or new funding resolve that doubt for the next 12 months. A weaker warning than an unresolved going-concern doubt, but the company recently needed a rescue plan or fresh money to stay afloat.

Source: management disclosure in Form 10-Q (period 2025-12-31)
Status: doubt alleviated (the company says its plans or new funding resolve the substantial doubt it disclosed)

Why this score: substantial doubt disclosed, then alleviated by management's plans or new funding; quarterly (unaudited) disclosure; 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.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.