HOVR · New Horizon Aircraft Ltd.
$1.78
-0.07 (-3.78%)
At close · Jul 24
Going-concern doubt
— flagged Jul 16, 2026
Substantial doubt about the company's ability to continue as a going concern.
“While management estimates that cash and cash equivalents on-hand of more than $78 million will be sufficient to fund our current operating plan for at least the next 12 months from the date these consolidated financial statements were available to be issued, there is substantial doubt around the Company's ability to meet the going concern assumption beyond that period without securing additional capital.”View the 10-K filed Jul 16, 2026
Market Cap
$123.63M
Shares
66.83M
Share-repurchase activity from the company's own XBRL filings — cash spent buying back common stock per fiscal year and per recent quarter, share counts where the company tagged them, and the buyback program's authorization — paired with the company's at-the-market (ATM) equity offering programs, the dilution side of the same picture. Repurchase amounts come exclusively from tagged SEC data; program figures with no tagged equivalent (untagged authorizations and all ATM figures) are read from the filing's own text and shown only after verification.
Remaining Authorization
668,875 shares
as of 2023-12-31
· not restated in filings since 2024-03-28
Equity Offering (ATM) Programs
| Program Established | Capacity | Remaining | As of | Runs Through | Source |
|---|---|---|---|---|---|
| 2025-02-14 | $28,000,000 | — | — | — | 10-K , filed 2026-07-16 |