Going concern
Filing comparison
iPower Inc. said management's plans alleviate substantial doubt about going concern
No substantial-doubt conclusion identified → Substantial doubt raised, alleviated by management's plans
When substantial doubt is raised, management evaluates whether its plans that are intended to mitigate those conditions and events, when implemented, will alleviate the substantial doubt. Such plans are considered only to the extent that it is probable that they will be effectively implemented and, if implemented, will mitigate the conditions and events giving rise to substantial doubt. As of June 30, 2026, the Company had cash and cash equivalents of $478,042 and a working capital of $3.4 million. In assessing the Company’s liquidity requirements for the twelve months following the issuance…
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
- 2025-10-09
- Prior form
- 10-K
- Prior state
- none
- Prior state label
- No substantial-doubt conclusion identified
- 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.