FRQN · Frequency Holdings, Inc · Fails to Deliver
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about the Company's ability to continue as a going concern. The Company's ability to continue as a going concern for the next twelve months is dependent upon its ability to generate sufficient cash flows from operations to meet its obligations.”View the 10-Q filed Nov 19, 2025
One customer — 17% of revenue (the nine months ended September 30, 2025)
“For the nine months ended September 30, 2025, two customers individually accounted for approximately 17% and 13% of total revenues.”
One customer — 13% of revenue (the nine months ended September 30, 2025)
“For the nine months ended September 30, 2025, two customers individually accounted for approximately 17% and 13% of total revenues.”
One customer — 70% of receivables (September 30, 2025)
“As of September 30, 2025, one customer accounted for approximately 70% of total accounts receivable.”
Fails to deliver — shares from a trade that were not delivered to the buyer by the settlement date — published by the SEC twice a month. Persistent fails can reflect settlement problems or naked short selling.