Home / Going-concern warnings / Superstar Platforms Inc.

3/5Superstar Platforms Inc. (SPST): Going-concern doubt

Filed 2025-08-19 路 Form 10-Q 路 Accession 0001641172-25-024843 nano

Market data

Price before filing: $0.11 (2025-08-18 close, split/dividend-adjusted)
Market cap at flag: $20.1M (2025-08-19) 路 Latest: $3.6M (2026-10-16)

What happened next

WindowSPSTSPYvs SPY
30 days-9.1%+2.9%-12.0%2025-09-18
90 days-9.1%+3.8%-12.9%2025-11-17
180 days-4.6%+6.8%-11.4%2026-02-17
1 year-28.2%+20.9%-49.1%2026-08-19

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

"The Company has accumulated deficit of $ ( 1,602,274 ) as of June 30, 2025, the company currently does not have a business operation, these factors raise substantial doubt about company '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 2025-06-30)

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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