Going concern
Filing comparison
WEED, INC. no longer discloses a going-concern conclusion
Substantial doubt about ability to continue as a going concern → No going-concern disclosure
Substantial doubt about our ability to continue as a going concern As of the date of this filing, our independent auditors have expressed substantial doubt regarding our ability to continue as a going concern. We have reported recurring losses and have minimal cash on hand. While we believe our significant real estate holdings and proprietary seedbank provide a foundational asset base, these assets are not currently liquid. Our future is dependent on our ability to secure additional debt or equity financing. We have a limited operating history and historical financial information upon which…
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- none
- Current state label
- No going-concern disclosure
- Direction
- eased
- Located in
- going-concern note
- Prior filed
- 2025-03-31
- Prior form
- 10-K
- Prior state
- substantial_doubt
- Prior state label
- Substantial doubt about ability to continue as a going concern
- 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.