Home / Going-concern warnings / Sonoma Pharmaceuticals, Inc.
Filed 2025-06-17 路 Form 10-K 路 Accession 0001683168-25-004546 nano
Price before filing: $3.08 (2025-06-16 close, split/dividend-adjusted)
Market cap at flag: $4.8M (2025-06-17) 路 Latest: $4.3M (2026-10-16)
| Window | SNOA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +16.2% | +4.5% | +11.7% | 2025-07-17 |
| 90 days | +43.8% | +10.0% | +33.8% | 2025-09-15 |
| 180 days | +10.7% | +13.6% | -2.9% | 2025-12-15 |
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 2025-03-19 to 2025-07-17. 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.
"These conditions 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: Frazier & Deeter, LLC
Source: independent auditor report in Form 10-K (period 2025-03-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.