Home / Going-concern warnings / Ocean Biomedical, Inc.
Filed 2025-04-08 路 Form 10-K 路 Accession 0001641172-25-003155 nano
Price before filing: $0.0447 (2025-04-07 close, split/dividend-adjusted)
Market cap at flag: $2.8M (2025-04-08) 路 Latest: $14,042 (2026-10-15)
| Window | OCEA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -77.6% | +12.0% | -89.7% | 2025-05-08 |
| 90 days | -82.1% | +23.4% | -105.5% | 2025-07-07 |
| 180 days | -84.3% | +33.9% | -118.3% | 2025-10-06 |
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 1 to the consolidated financial statements, the Company has suffered recurring losses from operations and has a working capital deficiency that raise 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: Berkowitz Pollack Brant Advisors + CPAs
Source: independent auditor report in Form 10-K (period 2024-12-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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