Home / Going-concern warnings / SPLASH BEVERAGE GROUP, INC.
Filed 2025-07-11 路 Form 10-K 路 Accession 0001731122-25-000964 nano
Price before filing: $14.84 (2025-07-10 close, split/dividend-adjusted)
Market cap at flag: $7.7M (2025-07-11) 路 Latest: $949,508 (2026-08-28)
| Window | SBEV | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -56.6% | +1.6% | -58.2% | 2025-08-11 |
| 90 days | -36.4% | +7.5% | -43.9% | 2025-10-09 |
| 180 days | -80.5% | +10.8% | -91.3% | 2026-01-07 |
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.
"As discussed in Note 3 to the consolidated financial statements, the Company has suffered recurring losses from operations and has an accumulated deficit and a working capital deficiency that raise substantial doubt about its ability to continue as a going concern."
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: independent auditor report in Form 10-K (period 2024-12-31)
Why this score: in auditor's report; also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Newsletter delivered by beehiiv. See our privacy policy.