Going concern
Filing comparison
Dogness (International) Corp disclosed substantial doubt about its ability to continue as a going concern
Risk-factor language only → Substantial doubt about ability to continue as a going concern
… relating to the recoverability of assets and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. For the years ended June 30, 2026, 2025 and 2024, the Company incurred net losses of $27,629,171, $5,101,237 and $6,056,649, respectively. Net cash used in operating activities was $2,251,071 for the year ended June 30, 2026. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management monitors and analyzes the Company’s cash on hand, its ability to generate sufficient revenue sources…
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- substantial_doubt
- Current state label
- Substantial doubt about ability to continue as a going concern
- Direction
- escalated
- Located in
- filing body
- Prior filed
- 2025-10-17
- Prior form
- 20-F
- 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.