Home / Going-concern warnings / GROOVY COMPANY, INC.
Filed 2026-03-12 路 Form 10-Q 路 Accession 0001499275-26-000002 nano
Price before filing: $0.0002 (2026-03-09 close, split/dividend-adjusted)
Market cap at flag: $1,477 (2026-03-12) 路 Latest: $23,629 (2026-10-13)
| Window | GROO | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +31350.0% | +1.7% | +31348.3% | 2026-04-13 |
| 90 days | +3000.0% | +7.6% | +2992.4% | 2026-06-10 |
| 180 days | +2950.0% | +13.9% | +2936.1% | 2026-09-08 |
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.
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 2025-12-12 to 2026-04-11. 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.
"However, as this gain was non-recurring and non-cash in nature, and the Company continues to generate operating losses of $(343,184) for the nine months ended September 30, 2025, with only $3,133 in cash and cash equivalents, substantial doubt about the Company's ability to continue as a going concern remains."
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; 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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