Going concern
Filing comparison
Optimum Communications, Inc. disclosed substantial doubt about its ability to continue as a going concern in its first report following a change of registrant
The prior filing was made by a different business under the same CIK, so this is a new disclosure rather than a change.
Our ability to repay this debt in 2027 will be dependent on our ability to successfully refinance the debt or raise additional capital. While management is pursuing refinancing this debt and raising additional capital, there is no assurance these efforts will be successful. A failure to secure committed sources of funding to refinance this debt by April 2026 may raise substantial doubt about our ability to continue as a going concern in the future. NOTE 12. DERIVATIVE CONTRACTS AND COLLATERALIZED INDEBTEDNESS Prepaid Forward Contracts Historically, we had entered into various transactions to…
Evidence
- Blank check
- No
- Caveat
- The prior filing was made by a different business under the same CIK, so this is a new disclosure rather than a change.
- Comparable
- No
- Current state
- substantial_doubt
- Current state label
- Substantial doubt about ability to continue as a going concern
- Direction
- not comparable
- Located in
- filing body
- Prior filed
- 2025-02-13
- Prior form
- 10-K
- Registrant changed from
- Altice USA, Inc.
- 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.