Home / Going-concern warnings / Leef Brands Inc.
Filed 2026-08-06 路 Form 10-Q 路 Accession 0001493152-26-036384 micro
Price before filing: $0.2064 (2026-08-05 close, split/dividend-adjusted)
Market cap at flag: $55.6M (2026-08-06) 路 Latest: $47.1M (2026-10-16)
| Window | LEEEF | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -6.6% | -0.5% | -6.1% | 2026-09-08 |
| 90 days | pending | pending | until 2026-11-04 | |
| 180 days | pending | pending | until 2027-02-02 |
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: 2 insiders bought $154K (3 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-05-18 | Anderson Micah Payne Chief Executive Officer, Director, 10% owner | Purchase | 135,870 | $0.25 | $34K | no | Form 4 |
| 2026-05-18 | Wilson Kevin John Chief Financial Officer, Director | Purchase | 54,348 | $0.25 | $14K | no | Form 4 |
| 2026-06-15 | Wilson Kevin John Chief Financial Officer, Director | Purchase | 464,197 | $0.23 | $107K | no | Form 4 |
| 2026-08-06: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-08 to 2026-09-05. 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.
"As of and for the six months ended June 30, 2026, the Company had cash of $ 4,950,962 an accumulated deficit of $ 141,275,602 , a net loss and comprehensive loss attributable to the Company of $ 1,761,001 , and net cash used in operating activities of $ 3,670,082 . Such uncertainties related to events and 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 2026-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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