Home / Going-concern warnings / Digital Brands Group, Inc.

5/5Digital Brands Group, Inc. (DBGI): Going-concern doubt

Filed 2025-04-09 路 Form 10-K 路 Accession 0001641172-25-003320 nano

Market data

Price before filing: $375.6 (2025-04-08 close, split/dividend-adjusted)
Market cap at flag: $24.7M (2025-04-09) 路 Latest: $1.6M (2026-10-16)

What happened next

WindowDBGISPYvs SPY
30 days-12.7%+13.7%-26.3%2025-05-09
90 days+14.5%+25.3%-10.8%2025-07-08
180 days-11.4%+36.1%-47.4%2025-10-06

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.

Verified excerpt

"As discussed in Note 2 to the financial statements, the Company's recurring net losses since inception, negative cash flow from operations and lack of liquidity raise substantial doubt about its ability to continue as a going concern."

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.

Going-concern opinion issued by: Macias Gini & O'Connell LLP
Source: independent auditor report in Form 10-K (period 2024-12-31)

Why this score: in auditor's report

Read the original filing on SEC.gov →

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

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