Home / Going-concern warnings / NetBrands Corp.
Filed 2026-05-13 · Form 10-Q · Accession 0001493152-26-022713 cap n/a
n/a: no price data available for NBND.
"F- 11 NOTE 2 – GOING CONCERN As of March 31, 2026, the Company had cash and cash equivalents of $ 11,802 , negative working capital of $ 2,457,347 and had an accumulated deficit of $ 33,610,197 . 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 2026-03-31)
Why this score: 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.
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