NMGX · Nano Magic Inc. · Debt
$0.00
At close · Oct 14
Return incl. dividend (before tax)
Going-concern doubt
— flagged Nov 19, 2024
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 within one year after the date that these unaudited condensed financial statements are issued. Management cannot provide assurance that the Company will ultimately achieve profitable operations, become cash flow positive or raise additional capital.”View the 10-Q filed Nov 19, 2024
Market Cap
$1,440
Shares
14.41M
Volume · Oct 14
235
Avg daily vol (4 sessions)
2787
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current finance lease liabilities | 2024-09-30 | USD 6,275 | 10-Q filed 2024-11-19 |
| Notes payable, including current maturities | 2024-09-30 | USD 40,000 | 10-Q filed 2024-11-19 |
| Operating lease liabilities | 2024-09-30 | USD 589,344 | 10-Q filed 2024-11-19 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
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Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.