Home / Going-concern warnings / Funko, Inc.
Filed 2025-11-06 路 Form 10-Q 路 Accession 0001704711-25-000136 micro
Price before filing: $3.18 (2025-11-05 close, split/dividend-adjusted)
Market cap at flag: $164.2M (2025-11-06) 路 Latest: $368.9M (2026-10-16)
| Window | FNKO | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -5.7% | +0.9% | -6.6% | 2025-12-08 |
| 90 days | +33.0% | +1.6% | +31.4% | 2026-02-04 |
| 180 days | +35.8% | +7.4% | +28.4% | 2026-05-05 |
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.
"In connection with preparing the unaudited consolidated financial statements for the three months ended September 30, 2025, management evaluated the Company's future liquidity, forecasts of the expected effects of announced tariffs and other facts and conditions, and ability to comply with the covenants under the Credit Agreement, and determined that there is substantial doubt about the Company's ability to continue..."
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.
Source: management disclosure in Form 10-Q (period 2025-09-30)
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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