FLZH · Flash Sports & Media Holdings, Inc.
$1.32
-0.07 (-5.04%)
At close · Aug 14
View the 10-Q filed May 20, 2026
Going-concern doubt
— flagged Aug 13, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date these financial statements are issued. Management's plans to mitigate these conditions are not considered probable of being effectively implemented within the meaning of ASC 205-40 because they are subject to significant risks and uncertainties, including the Company's ability to access capital markets, market acceptance of the LPL and other IPG operations, and continued compliance with Nasdaq listing standards. Accordingly, substantial doubt about the Company's ability to continue as a going concern has not been alleviated.”View the 10-Q filed Aug 13, 2026
Customer concentration
— top 4 customers 53% of revenue
4 customers — 53% of revenue (2023)
“In 2023, sales to four customers individually exceeded 10% of the Company's total revenue. Collectively, these customers represented approximately 53% of total revenue.”
Market Cap
$74.87M
Shares
56.72M
Private capital raises reported to the SEC on Form D under Regulation D, showing the offering size, amount sold, minimum investment and number of investors. Public operating companies rarely raise capital this way, so this page is often empty.