NNAX · New Momentum Corp. · Debt
Substantial doubt about the company's ability to continue as a going concern.
“These raise substantial doubt about the Company's ability to continue as a going concern. These unaudited condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in the Company not being able to continue as a going concern.”View the 10-Q filed Nov 13, 2025
One customer — 80% of revenue (the year ended December 31, 2023)
“For the year ended December 31, 2023, there is a single customer who accounts for 80% of the Company’s revenue totaling $146,501, with $0 accounts receivable at December 31, 2023.”
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 |
|---|---|---|---|
| Convertible notes payable, including current maturities | 2024-12-31 | USD 0 | 10-K filed 2025-04-15 |
| Current portion of convertible debt | 2024-12-31 | USD 0 | 10-K filed 2025-04-15 |
| Operating lease liabilities | 2024-12-31 | USD 0 | 10-K filed 2025-04-15 |
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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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.