Executive readout · one minute
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Substantial doubt about the company's ability to continue as a going concern.
“Because these customers do not provide binding assurances regarding the timing or volume of future work, and such activity is subject to appropriations, procurement processes, operational considerations and other factors outside the Company's control, management could not conclude that its plans are probable of effectively mitigating the conditions giving rise to substantial doubt. Accordingly, substantial doubt continues to exist about the Company's ability to continue as a going concern for one year following the date the accompanying Condensed Consolidated Financial Statements are issued. Although the May 2026 equity offering strengthened the Company's liquidity, management concluded that the substantial doubt was not alleviated.”View the 10-Q filed Aug 12, 2026
Key customers — 61.4% of revenue (the three months ended March 31, 2026)
“We performed services relating to waste generated by federal government clients, either indirectly as a subcontractor or directly as a prime contractor to federal government entities, representing approximately $6,836,000 or 61.4% of our total revenue during the three months ended March 31, 2026, as compared to $8,404,00 or 60.4% of our total revenue during the corresponding period of 2025.”
Key customers — 60.4% of revenue (the corresponding period of 2025)
“We performed services relating to waste generated by federal government clients, either indirectly as a subcontractor or directly as a prime contractor to federal government entities, representing approximately $6,836,000 or 61.4% of our total revenue during the three months ended March 31, 2026, as compared to $8,404,00 or 60.4% of our total revenue during the corresponding period of 2025.”
Earnings call · FY2022 Q4
Executive readout · one minute
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SEC filing · Item 2.02
Filed Mar 23, 2023 · complete as-filed document
SEC periodic report
Filed Mar 23, 2023 · complete as-filed document