Going concern
Filing comparison
Neolara Corp. disclosed substantial doubt about its ability to continue as a going concern
No going-concern disclosure → Substantial doubt about ability to continue as a going concern
NOTE 3 – GOING CONCERN The accompanying unaudited condensed financial statements have been prepared assuming the Company will continue as a going concern. As of September 30, 2025, the Company had no cash on hand, a stockholders’ deficit of $2,051, and an accumulated deficit of $132,474. The Company incurred a net loss of $73,621 for the three months ended September 30, 2025. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management intends to fund the Company’s near-term working-capital requirements through related-party support, capital…
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
- going-concern note
- Prior filed
- 2025-04-17
- Prior form
- 10-Q
- Prior state
- none
- Prior state label
- No going-concern disclosure
- 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.