Stemtech Corp reports a going-concern warning in its third-quarter filing amid a $10.7 million working capital deficit and falling sales.
SEC EDGAR, 2026-11-13: 10-Q — "substantial doubt"
Stemtech Corp reports a going-concern warning in its third-quarter filing amid a $10.7 million working capital deficit and falling sales.
Company: Stemtech Corp (STEK) Filed: 2026-11-13, 10-Q Phrase: "substantial doubt" — "These conditions raise substantial doubt about the Company's ability to continue as a going concern." What the filing says: Stemtech Corp reported a going-concern warning in its quarterly report for the period ended September 30, 2026. The company has experienced recurring net losses and negative cash flows from operations since inception, leaving it with an accumulated deficit of $36,809,750 and a working capital deficit of $10,663,135 as of September 30, 2026. Net sales fell sharply to $282,484 for the three months ended September 30, 2026, compared to $852,300 in the prior year's third quarter. To meet its cash requirements, management plans to seek additional funding through private placements of common stock, preferred stock offerings, and debt instruments. Two ways it goes: A. The company secures sufficient equity or debt financing to fund its operations and investment plans. B. The company fails to raise additional capital and is forced to cease operations. Next date: none named Watch: The filing of subsequent financial reports showing new equity placements or debt issuances. Tags: going concern, demand falling, event changed fundamentals