Going concern
Filing comparison
Horizon Quantum Holdings Ltd. said management's plans alleviate substantial doubt about going concern
No going-concern disclosure → Substantial doubt raised, alleviated by management's plans
We incurred net losses of S$23.1 million (US$17.9 million) and S$7.5 million (US$5.8 million) during the years ended December 31, 2025 and 2024, respectively, and have an accumulated deficit of S$44.5 million (US$34.6 million) as of December 31, 2025. As previously disclosed, these conditions raised substantial doubt about Horizon’s ability to continue as a going concern within one year after the date that the financial statements were issued. 66 The primary objective of Horizon’s capital management is to ensure that it maintains sound capital position in order to support its business and…
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
- 2026-03-25
- Prior form
- 20-F
- 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.