Home / Going-concern warnings / GROOVY COMPANY, INC.
Filed 2026-03-17 路 Form 10-K 路 Accession 0001499275-26-000004 nano
Price before filing: $0.06 (2026-03-16 close, split/dividend-adjusted)
Market cap at flag: $1.0M (2026-03-17) 路 Latest: $23,629 (2026-10-13)
| Window | GROO | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -56.7% | +5.2% | -61.8% | 2026-04-16 |
| 90 days | -88.0% | +13.1% | -101.1% | 2026-06-15 |
| 180 days | -89.8% | +14.3% | -104.2% | 2026-09-14 |
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 2025-12-17 to 2026-04-16. 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.
"We have a limited operating history, minimal revenue, and a history of net losses, which raises substantial doubt about our 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: management disclosure in Form 10-K (period 2025-12-31)
Why this score: 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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