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3/5Jingbo Technology, Inc. (SVMB): Going-concern doubt

Filed 2026-10-14 路 Form 10-Q 路 Accession 0001493152-26-046932

Verified excerpt

"As of February 28, 2026, the Company had total deficit of $ 41,996,913 and had working capital deficit of $ 9,754,932 . Management has determined there is substantial doubt about its 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 2026-08-31)

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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