FOFA · Family Office Of America, Inc.
$0.90
+0.00 (+0.00%)
At close · Sep 1
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company had an accumulated deficit of $4,884,897 at June 30, 2026, had a working capital deficit of $397,534 and $308,174 at June 30, 2026 and December 31, 2025, respectively, had a net loss and a net profit of $125,146 and $138,643, and a net loss of $95,228 and $198,549 for the three and six months ended June 30, 2026 and 2025, respectively, and net cash provided by operating activities of $374,374 and net cash used in operating activities of $83,313 for the six months ended June 30, 2026 and 2025, respectively, with limited revenue earned since inception, and a lack of operational history. These matters raise substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 14, 2026
Market Cap
$27.74M
Shares
30.83M
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