Home / Going-concern warnings / INNO HOLDINGS INC.

3/5INNO HOLDINGS INC. (INHD): Going-concern doubt

Filed 2025-05-02 路 Form 10-Q 路 Accession 0001641172-25-008269 large

Market data

Price before filing: $3,187 (2025-05-01 close, split/dividend-adjusted)
Market cap at flag: $12.77B (2025-05-02) 路 Latest: $9.5M (2026-10-16)

What happened next

WindowINHDSPYvs SPY
30 days-77.4%+6.1%-83.5%2025-06-02
90 days-81.5%+13.5%-95.0%2025-07-31
180 days-83.4%+23.8%-107.2%2025-10-29

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 2025-02-01 to 2025-06-01. 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

"Going concern As of March 31, 2025, the Company had total cash and cash equivalent of $ 3,888,816 and accumulated deficit of $ 11,962,838 . For the six months ended March 31, 2025, the Company had incurred a net loss of $ 4,154,677 and used net cash in operations of $ 3,109,869 . These conditions raise substantial doubt about the Company's 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.

Source: management disclosure in Form 10-Q (period 2025-03-31)

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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