Home / Going-concern warnings / Data443 Risk Mitigation, Inc.

5/5Data443 Risk Mitigation, Inc. (ATDS): Going-concern doubt

Filed 2026-04-16 路 Form 10-K 路 Accession 0001493152-26-016943 nano

Market data

Price before filing: $0.0002 (2026-04-15 close, split/dividend-adjusted)
Market cap at flag: $191 (2026-04-16) 路 Latest: $131 (2026-10-15)

What happened next

WindowATDSSPYvs SPY
30 days-50.0%+5.5%-55.5%2026-05-18
90 days-25.0%+8.1%-33.1%2026-07-15
180 days-50.0%+11.7%-61.7%2026-10-13

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 2026-01-16 to 2026-05-16. 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 described in Note 3 to the financial statements, the Company has suffered recurring losses from operations and has negative working capital and a stockholders' deficit that raise substantial doubt about its ability to continue as a going concern."

Quoted from the filing. Source

What this means

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.

Going-concern opinion issued by: HTL International, LLC
Source: independent auditor report in Form 10-K (period 2025-12-31)

Why this score: in auditor's report; also within 90 days: Late annual report (NT 10-K)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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