FRQN · Frequency Holdings, Inc · Off Exchange
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.”
Weekly off-exchange (dark pool / OTC) trading volume reported to FINRA under its OTC/ATS Transparency data. ATS volume is executed on alternating trading systems (dark pools); non-ATS OTC is other over-the-counter dealer volume. The off-exchange share is total off-exchange volume as a percentage of consolidated weekly trading volume for the same Monday–Friday week.
Off-Exchange Volume History
| Week Start | ATS Volume | Non-ATS OTC Volume | Total Off-Exchange | % of FINRA Weekly Volume |
|---|---|---|---|---|
| 2026-09-14 | 0 | 339,502 | 339,502 | 100.0% |
| 2026-09-07 | 0 | 14,621 | 14,621 | 100.0% |
| 2026-08-31 | 0 | 43,976 | 43,976 | 100.0% |
| 2026-08-24 | 0 | 80,423 | 80,423 | 100.0% |
| 2026-08-17 | 0 | 209,813 | 209,813 | 100.0% |
| 2026-07-13 | 0 | 1,201,691 | 1,201,691 | 100.0% |
| 2026-07-06 | 2 | 10,845,008 | 10,845,010 | 100.0% |
| 2026-06-29 | 0 | 2,234,858 | 2,234,858 | 100.0% |
| 2026-06-22 | 0 | 5,904,567 | 5,904,567 | 100.0% |
| 2026-06-15 | 0 | 3,788,721 | 3,788,721 | — |
| 2026-06-08 | 0 | 2,028,230 | 2,028,230 | 100.0% |
| 2026-06-01 | 0 | 1,242,929 | 1,242,929 | 100.0% |
| 2026-05-25 | 0 | 1,995,803 | 1,995,803 | 100.0% |
| 2026-05-18 | 0 | 487,200 | 487,200 | 100.0% |
| 2026-05-11 | 0 | 12,175,799 | 12,175,799 | 100.0% |
| 2026-05-04 | 0 | 15,618,480 | 15,618,480 | 100.0% |
| 2026-04-27 | 0 | 9,887,939 | 9,887,939 | 100.0% |
| 2026-04-20 | 0 | 8,631,687 | 8,631,687 | 100.0% |
| 2026-04-13 | 1,096,376 | 84,947,964 | 86,044,340 | 100.0% |
| 2026-04-06 | 0 | 64,691,657 | 64,691,657 | 100.0% |
| 2026-03-30 | 0 | 52,543,894 | 52,543,894 | 100.0% |
| 2026-03-23 | 1,897,444 | 77,532,773 | 79,430,217 | 100.0% |
| 2026-03-16 | 1,618,009 | 130,464,932 | 132,082,941 | 100.0% |
| 2026-03-09 | 0 | 58,947,525 | 58,947,525 | 100.0% |
| 2026-03-02 | 0 | 12,382,198 | 12,382,198 | 100.0% |
| 2026-02-23 | 0 | 98,802,580 | 98,802,580 | 100.0% |
| 2026-02-16 | 0 | 110,199,746 | 110,199,746 | 100.0% |
| 2026-02-09 | 0 | 13,885,574 | 13,885,574 | 100.0% |
| 2026-02-02 | 0 | 10,317,366 | 10,317,366 | 100.0% |
| 2026-01-26 | 0 | 31,754,515 | 31,754,515 | 100.0% |
| 2026-01-19 | 1,000 | 25,702,801 | 25,703,801 | 100.0% |
| 2026-01-12 | 1,990,000 | 239,373,428 | 241,363,428 | 100.0% |
| 2026-01-05 | 689,142 | 219,364,810 | 220,053,952 | 100.0% |
| 2025-12-29 | 0 | 439,580,921 | 439,580,921 | 100.0% |
| 2025-12-22 | 0 | 519,000 | 519,000 | 100.0% |
| 2025-12-15 | 0 | 5,601,567 | 5,601,567 | 100.0% |
| 2025-12-08 | 0 | 246,997,480 | 246,997,480 | 100.0% |
| 2025-12-01 | 0 | 31,119,852 | 31,119,852 | 100.0% |
| 2025-11-24 | 0 | 140,317,603 | 140,317,603 | 100.0% |
| 2025-11-17 | 29,756,650 | 195,023,924 | 224,780,574 | 100.0% |
| 2025-11-10 | 0 | 405,184,713 | 405,184,713 | 100.0% |
| 2025-11-03 | 25,227,165 | 114,483,697 | 139,710,862 | 100.0% |
| 2025-10-27 | 87,854,106 | 200,830,891 | 288,684,997 | 100.0% |