Home / Going-concern warnings / UPAY
Filed 2025-06-02 路 Form 10-K 路 Accession 0001575872-25-000377 nano
Price before filing: $0.7 (2025-05-30 close, split/dividend-adjusted)
Market cap at flag: $11.8M (2025-06-02) 路 Latest: $15.6M (2026-10-12)
| Window | UPYY | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +0.0% | +5.6% | -5.6% | 2025-07-02 |
| 90 days | +100.0% | +9.0% | +91.0% | 2025-09-02 |
| 180 days | +185.7% | +16.1% | +169.6% | 2025-12-01 |
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 has insufficient revenues and income to fully fund the 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 2025-02-28)
Why this score: in auditor's report; also within 90 days: 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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