PAXH · Preaxia Health Care Payment Systems Inc. · Debt
$0.22
At close · Sep 18
Return incl. dividend (before tax)
Going-concern doubt
— flagged Oct 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“During the three months ended August 31, 2026, the Company incurred a net comprehensive loss of ($220,616) and provided cash in operating activities of $22,096, and as of August 31, 2026, had a stockholders' deficit of ($543,336) and an accumulated deficit of ($6,578,737). These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern within one year of the date that the consolidated financial statements are issued. The Company's consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty should we be unable to continue as a going concern.”View the 10-Q filed Oct 15, 2026
Market Cap
$10.63M
Shares
48.31M
Volume · Sep 18
1000
Avg daily vol (7 sessions)
32.56K
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 debt, including current maturities | 2026-08-31 | USD 25,000 | 10-Q filed 2026-10-15 |
| Convertible notes payable, including current maturities | 2026-08-31 | USD 178,000 | 10-Q filed 2026-10-15 |
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.
| |||
| Short-term borrowings | 2026-08-31 | USD 88,875 | 10-Q filed 2026-10-15 |
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.