Awaysis Capital, Inc. said management's plans alleviate substantial doubt about going concern
Risk-factor language only → Substantial doubt raised, alleviated by management's plans
Based on its evaluation, management concluded that these plans are probable of being effectively implemented and probable of mitigating the conditions that initially raised substantial doubt. Accordingly, management concluded that substantial doubt about the Company’s ability to continue as a going concern has been alleviated for the twelve-month period following the issuance of these financial statements. The accompanying consolidated financial statements do not include adjustments that might be necessary if the Company were unable to continue as a going concern.
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- doubt_alleviated
- Current state label
- Substantial doubt raised, alleviated by management's plans
- Direction
- escalated
- Located in
- going-concern note
- Prior filed
- 2026-05-15
- Prior form
- 10-Q
- Prior state
- risk_factor_only
- Prior state label
- Risk-factor language only
- Source
- ASC 205-40 going-concern note comparison
- Why
- Disclosure about the company's ability to continue as a going concern changed compared with its previous report.