Going concern
Filing comparison
Bodhi Tree Biotechnology Inc said management's plans alleviate substantial doubt about going concern
No going-concern disclosure → Substantial doubt raised, alleviated by management's plans
Going Concern In accordance with ASC 205-40, the Company evaluated whether conditions and events, considered in the aggregate, raise substantial doubt about its ability to continue as a going concern within one year after issuance of these financial statements. Near-term liquidity constraints, including recurring operating losses and negative cash flows, create conditions that would otherwise raise substantial doubt. The Company secured a written financial support letter from its majority shareholder, who commits to supply sufficient funding through unsecured loans to cover the Company’s fores
Evidence
- Caveat
- None
- Comparable
- True
- Current state
- doubt_alleviated
- Current state label
- Substantial doubt raised, alleviated by management's plans
- Direction
- escalated
- Located in
- going-concern note
- Prior filed
- 2026-05-14
- Prior form
- 10-Q
- Prior state
- none
- Prior state label
- No going-concern disclosure
- Registrant changed from
- None
- 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.