Home / Going-concern warnings / Concrete Leveling Systems Inc

4/5Concrete Leveling Systems Inc (CLEV): Going-concern doubt

Filed 2025-12-12 路 Form 10-Q 路 Accession 0001477932-25-008945 nano

Market data

Price before filing: $0.387 (2025-12-11 close, split/dividend-adjusted)
Market cap at flag: $5.4M (2025-12-12) 路 Latest: $10.0M (2026-10-15)

What happened next

WindowCLEVSPYvs SPY
30 days+3.9%+1.2%+2.7%2026-01-12
90 days+111.9%-3.1%+115.0%2026-03-12
180 days+53.2%+5.9%+47.4%2026-06-10

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.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-09-13 to 2026-01-11. 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

"Further, at October 31, 2025, current liabilities exceed current assets by $ 604,970 . These conditions raise substantial doubt about the Company's 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 2025-10-31)

Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change

Read the original filing on SEC.gov →

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

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