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
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 14
Total Value: $153,474
Total Shares: 80,779
Institutional Ownership Trend
3 quarters
Holder Concentration
Across 14 13F filers · Δ vs Mar 31, 2026Top Holder
28.1%
−12.3 pts
Top 5
92.3%
−2.1 pts
Top 10
99.8%
−0.1 pts
HHI
2,018
Moderately concentrated−517
Quarterly Activity
vs Mar 31, 2026
New
5
Increased
3
Decreased
2
Sold Out
5
Unchanged
4
Holder count:
0
Institutional value:
-79.6%
Shares held:
+136.9%
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mega MORGAN STANLEY | +11,137 | 11,165 | |
| Mega WELLS FARGO & COMPANY/MN | +960 | 968 | |
| Large JONES FINANCIAL COMPANIES LLLP | +450 | 715 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Mid Tower Research Capital LLC (TRC) | −1,903 | 285 | |
| Mega VANGUARD FIDUCIARY TRUST CO | −240 | 1,018 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Large HRT FINANCIAL LP | 22,683 | $43,097 | |
| Mid Virtu Financial LLC | 22,005 | $41,809 | |
| Mega CITADEL ADVISORS LLC | 11,110 | $21,109 | |
| Mid Allworth Financial LP | 153 | $290 | |
| Small Caitong International Asset Management Co., Ltd | 3 | $5 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Mega GEODE CAPITAL MANAGEMENT, LLC | 13,776 | $304,173 | |
| Mega UBS Group AG | 5,591 | $123,449 | |
| Mid IFP Advisors, Inc | 280 | $6,182 | |
| Large MAI Capital Management | 24 | $529 | |
| Mid SBI Securities Co., Ltd. | 4 | $88 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Large HRT FINANCIAL LP | $43,097 | 28.08% | 22,683 | Shares | 2026-08-14 | |
| Mid Virtu Financial LLC | $41,809 | 27.24% | 22,005 | Shares | 2026-08-13 | |
| Mega MORGAN STANLEY | $21,213 | 13.82% | 11,165 | Shares | 2026-08-13 | |
| Mega CITADEL ADVISORS LLC | $21,109 | 13.75% | 11,110 | Shares | 2026-08-14 | |
| Mega VANGUARD CAPITAL MANAGEMENT LLC | $14,466 | 9.43% | 7,614 | Shares | 2026-08-13 | |
| Mega BlackRock, Inc. | $5,736 | 3.74% | 3,019 | Shares | 2026-08-07 | |
| Mega VANGUARD FIDUCIARY TRUST CO Bank | $1,934 | 1.26% | 1,018 | Shares | 2026-08-13 | |
| Mega WELLS FARGO & COMPANY/MN | $1,839 | 1.20% | 968 | Shares | 2026-08-14 | |
| Large JONES FINANCIAL COMPANIES LLLP | $1,358 | 0.88% | 715 | Shares | 2026-08-14 | |
| Mid Tower Research Capital LLC (TRC) | $541 | 0.35% | 285 | Shares | 2026-08-11 | |
| Mid Allworth Financial LP | $290 | 0.19% | 153 | Shares | 2026-08-11 | |
| Small Triumph Capital Management | $76 | 0.05% | 40 | Shares | 2026-07-21 | |
| Small Caitong International Asset Management Co., Ltd | $5 | 0.00% | 3 | Shares | 2026-08-05 | |
| Large DANSKE BANK A/S Bank | $1 | 0.00% | 1 | Shares | 2026-08-10 |