KARX · Karbon-X Corp. · Proposed Sales
Substantial doubt about the company's ability to continue as a going concern.
“Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern.”View the 10-Q filed Oct 20, 2026
One customer — 86% of revenue (the year ended May 31, 2026)
“One customer accounted for approximately 86% of consolidated revenue (approximately $47.9 million) for the year ended May 31, 2026; no other customer exceeded 10% of consolidated revenue.”
One customer — 69% of receivables (May 31, 2026)
“At May 31, 2026 one customer accounted for $434,846, or 69 percent, of trade accounts receivable, arising from a sale of emission performance credits invoiced on May 27, 2026 and collected on June 4, 2026”
One customer — 25% of receivables (May 31, 2026)
“a second customer accounted for $157,596, or 25 percent, arising from a sale of credits invoiced in April 2026 for which title passed on June 2, 2026 and payment was received on July 21, 2026; the related revenue was deferred at May 31, 2026”
Notices of intent to sell restricted or control shares, filed with the SEC on Form 144 by insiders and affiliates. A Form 144 signals a planned sale — it does not confirm the shares were actually sold.
No Proposed Sales
No Form 144 proposed-sale notices are available for this stock yet.