Home / Going-concern warnings / Crypto Co

4/5Crypto Co (CRCW): Going-concern doubt

Filed 2025-06-20 路 Form 10-Q 路 Accession 0001641172-25-015699 nano

Market data

Price before filing: $0.001 (2025-06-18 close, split/dividend-adjusted)
Market cap at flag: $2.7M (2025-06-20) 路 Latest: $3.9M (2026-10-16)

What happened next

WindowCRCWSPYvs SPY
30 days-23.5%+5.6%-29.0%2025-07-21
90 days+551.0%+11.2%+539.8%2025-09-18
180 days+181.6%+13.0%+168.6%2025-12-17

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: 2 insiders bought 264,712,494 shares (2 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-06-20: red flag filed
2025-06-24Levy Ron
CEO, COO, Director, 10% owner
Purchase197,605,773n/an/anoForm 4
2025-06-24Ruxin Holly
Director
Purchase67,106,721n/an/anoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-03-22 to 2025-07-20. 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

"As of March 31, 2025, the Company had cash of $ 6,933 . In addition, the Company's net loss was $ 611,582 for the three months ended March 31, 2025 and the Company's had a working capital deficit of $ 6,884,668 . As of March 31, 2025 the accumulated deficit amounted to $ 54,018,043 . As a result of the Company's history of losses and financial condition, there is substantial doubt about the ability of the Company to..."

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; also within 90 days: Late quarterly report (NT 10-Q), Non-reliance / restatement

Read the original filing on SEC.gov →

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

Get the weekly "Red Flags" newsletter

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.