ASII · Accredited Solutions, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“As reflected in the financial statements, the Company had a working capital deficit of $1,227,987 at September 30, 2024, a net income of $2,119,231 for the nine months ended September 30, 2024, and $244,813 of cash used in operating activities for the nine months ended September 30, 2024, which raises substantial doubt as to the Company's ability to continue as a going concern for a period of one year from the issuance of the interim financial statements.”View the 10-Q filed Dec 5, 2024
3 customers — 68% of revenue (year ended December 31, 2023)
“Sales to these three customers comprised 68% of the Company's sales during the year ended December 31, 2023.”
Share-repurchase activity from the company's own XBRL filings — cash spent buying back common stock per fiscal year and per recent quarter, share counts where the company tagged them, and the buyback program's authorization — paired with the company's at-the-market (ATM) equity offering programs, the dilution side of the same picture. Repurchase amounts come exclusively from tagged SEC data; program figures with no tagged equivalent (untagged authorizations and all ATM figures) are read from the filing's own text and shown only after verification.
Cash spent on buybacks by quarter
Cash deployed each quarter. Δ marks quarters derived from the company's cumulative year-to-date disclosures.
Repurchase History
| Fiscal Year Ended | Cash Spent | Source |
|---|---|---|
| 2013-09-30 YTD | $0 | 10-Q, filed 2013-11-19 |
| 2012-12-31 | $-2 | 10-K, filed 2013-04-15 |
| 2011-12-31 | $0 | 10-K, filed 2013-04-15 |