READING INTERNATIONAL INC said management's plans alleviate substantial doubt about going concern
No going-concern disclosure→Substantial doubt raised, alleviated by management's plans
… Concern and the current conditions and events, considered in the aggregate, and our various plans for enhancing liquidity and the extent to which those plans are progressing, we conclude that our plan to raise sufficient liquidity primarily through certain real estate asset monetizations to the extent needed is probable of being implemented to the extent required such that this alleviates the substantial doubt about our Company’s ability to continue as a going concern. Impairment Considerations Our Company considers that the events and factors described above continue to constitute…
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
filing body
Prior filed
2025-05-01
Prior form
10-K/A
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.
READING INTERNATIONAL INC cited accounting standards ASU 2023-07, ASU 2023-09 for the first time in this filing series
New Accounting Standards and Accounting Changes Recently Adopted and Issued Accounting Pronouncements Adopted: ASU 2023-07 Segment Reporting: Improvements to Reportable Segment Disclosures On December 16, 2024, we adopted ASU 2023-07: Segment Reporting: Improvements to Reportable Segment Disclosures.
Evidence
Adopted
2023-07, 2023-09
Adoption year stated
2025
Contexts
New Accounting Standards and Accounting Changes Recently Adopted and Issued Accounting Pronouncements Adopted: ASU 2023-07 Segment Reporting: Improvements to Reportable Segment Disclosures On December 16, 2024, we adopted ASU 2023-07: Segment Reporting: Improvements to Reportable Segment Disclosures., Adoption of the ASU has had no material effect on our consolidated financial statements from a recognition and measurement perspective, and has not altered our reportable segments, but has enhanced our disclosure of certain expenses and profitability measurement. ASU 2023-09 Income Taxes: Improvements to Income Tax Disclosures Effective year ended December 31, 2025, we adopted ASC 2023-09 Income…
An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.