Home / Going-concern warnings / SusGlobal Energy Corp.
Filed 2025-05-14 路 Form 10-K 路 Accession 0001062993-25-009309 nano
Price before filing: $0.02 (2025-05-13 close, split/dividend-adjusted)
Market cap at flag: $2.8M (2025-05-14) 路 Latest: $1.4M (2026-10-16)
| Window | SNRG | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +2.0% | +1.7% | +0.3% | 2025-06-13 |
| 90 days | +205.0% | +9.8% | +195.2% | 2025-08-12 |
| 180 days | +90.0% | +16.8% | +73.2% | 2025-11-10 |
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 2 to the consolidated financial statements, the Company suffered a net loss from operations and used cash in operations, which raises 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.
Going-concern opinion issued by: M&K CPAS, PLLC
Source: independent auditor report in Form 10-K (period 2024-12-31)
Why this score: in auditor's report; also within 90 days: Late annual report (NT 10-K), Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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