ADNH · Advent Technologies Holdings, Inc. · Debt
Substantial doubt about the company's ability to continue as a going concern.
“Because of the uncertainty in securing additional funding, delays in growth of revenue, failure to materialize cost-cutting efforts and the insufficient amount of cash and cash equivalents as of the consolidated financial statement filing date, management has concluded that substantial doubt exists with respect to the Company's ability to continue as a going concern for one year from the date the consolidated financial statements are issued.”View the 10-Q filed Nov 17, 2025
3 customers — 10% of revenue (During the year ended December 31, 2024 and 2023)
“During the year ended December 31, 2024 and 2023, the Company had three 3 customers that represented more than 10% of its revenues.”
One customer — 10% of receivables (As of December 31, 2024)
“As of December 31, 2024 and 2023, the Company had one 1 and two 2 major customers, respectively, that represented more than 10% of our accounts receivable balance.”
2 customers — 10% of receivables (As of December 31, 2023)
“As of December 31, 2024 and 2023, the Company had one 1 and two 2 major customers, respectively, that represented more than 10% of our accounts receivable balance.”
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Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Read debt and covenant terms in your AI or your code through MCP and the API →Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Line of credit borrowings, including current maturities | 2025-09-30 | USD 750,000 | 10-Q filed 2025-11-17 |
| Operating lease liabilities | 2025-09-30 | USD 177,000 | 10-Q filed 2025-11-17 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Short-term borrowings | 2025-09-30 | USD 1,801,000 | 10-Q filed 2025-11-17 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.