MTEX · Mannatech Inc

Substantial doubt about the company's ability to continue as a going concern.

“Management identified the following conditions that raised substantial doubt about the Company's ability to continue as a going concern: Decline in net sales, operating losses, and negative cash flows from operations; Capital expenditure requirements that have historically reduced available liquidity; and An organizational structure that is no longer aligned with the Company's current operating scale, resulting in inefficiencies and elevated fixed costs”