Home / Going-concern warnings / Lithium Corp
Filed 2026-03-31 路 Form 10-K 路 Accession 0001640334-26-000606 nano
Price before filing: $0.0725 (2026-03-30 close, split/dividend-adjusted)
Market cap at flag: $8.4M (2026-03-31) 路 Latest: $6.1M (2026-10-16)
| Window | LTUM | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -0.7% | +13.7% | -14.4% | 2026-04-30 |
| 90 days | -35.2% | +17.6% | -52.7% | 2026-06-29 |
| 180 days | -31.0% | +21.8% | -52.8% | 2026-09-28 |
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.
"As discussed in Note 2 to the financial statements, the Company has suffered a net loss from operations and has a net capital deficiency, which raises substantial doubt about its 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.
Going-concern opinion issued by: M&K CPAS, PLLC
Source: independent auditor report in Form 10-K (period 2025-12-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.