Home / Going-concern warnings / SPARTA COMMERCIAL SERVICES, INC.
Filed 2026-08-13 路 Form 10-K 路 Accession 0001493152-26-037876 nano
Price before filing: $0.085 (2026-08-12 close, split/dividend-adjusted)
Market cap at flag: $4.4M (2026-08-13) 路 Latest: $4.2M (2026-10-16)
| Window | SRCO | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -29.3% | -1.5% | -27.8% | 2026-09-14 |
| 90 days | pending | pending | until 2026-11-11 | |
| 180 days | pending | pending | until 2027-02-09 |
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.
"These factors 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-K (period 2026-04-30)
Why this score: 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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