Going concern
Filing comparison
FARADAY FUTURE INTELLIGENT ELECTRIC INC. said management's plans alleviate substantial doubt about going concern
Substantial doubt about ability to continue as a going concern → Substantial doubt raised, alleviated by management's plans
Going Concern Conditions Raising Substantial Doubt We have evaluated whether conditions and events, considered in the aggregate, raise substantial doubt about our ability to continue as a going concern within one year after the date that the Consolidated Financial Statements are issued. In accordance with ASC 205-40, Presentation of Financial Statements β Going Concern, management considered our recurring losses from operations since inception and continued cash outflows from operating activities. Based on this evaluation, we concluded that substantial doubt exists regarding our ability toβ¦
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- doubt_alleviated
- Current state label
- Substantial doubt raised, alleviated by management's plans
- 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.