Home / Going-concern warnings / Nu-Med Plus, Inc.

3/5Nu-Med Plus, Inc. (NUMD): Going-concern doubt

Filed 2025-11-14 · Form 10-Q · Accession 0001543637-25-000005 nano

Market data

Price before filing: $0.025 (2025-11-13 close, split/dividend-adjusted)
Market cap at flag: $2.1M (2025-11-14) · Latest: $655,020 (2026-10-16)

What happened next

WindowNUMDSPYvs SPY
30 days-2.3%+1.3%-3.6%2025-12-15
90 days-38.8%+1.7%-40.5%2026-02-12
180 days-39.0%+11.1%-50.1%2026-05-13

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 2025-08-16 to 2025-12-14. 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

"These factors raise substantial doubt about the Company's ability to continue as a going concern. 11 NOTE 3 – PROPERTY AND EQUIPMENT Property and equipment and related accumulated depreciation consisted of the following at September 30, 2025, and December 31, 2024: September 30, 2025 December 31, 2024 Computer and office equipment $ 83,893 $ 83,893 Accumulated depreciation ( 83,893 ) ( 83,893 ) Total Property and..."

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.

Source: management disclosure in Form 10-Q (period 2025-09-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

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

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