SNTW
Summit Networks Inc.
Going-concern doubt
— flagged May 19, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company had accumulated deficit of $1,904,894, net current liability of $1,100,517, and net cash outflow from operating activities of $60,041 as of March 31, 2026. The Company has not generated consistent net income since inception. There is no guarantee that the Company will generate consistent revenue and net income in the future. The ability of the Company to continue as a going concern is dependent on the undertaking of its shareholders to provide continuing financial support to enable the Company to meet its liabilities as and when they fall due. These conditions, among others, raise substantial doubt about the Company’s ability to continue as a going concern.”View the 10-Q filed May 19, 2026
Company with tickers: SNTW
CIK
1619096
Shares Outstanding
68,911,657
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
| Line Item | Value | Unit | Period End | Form | Filed |
|---|---|---|---|---|---|
| Revenue | — | ||||
| Revenue (ASC 606) | — | ||||
| Cost of Revenue | — | ||||
| Gross Profit | — | ||||
| Operating Expenses | — | ||||
| Research & Development | — | ||||
| Operating Income | $-58,937 | USD | 2026-03-31 | 10-Q | 2026-05-19 |
| Net Income | $-64,760 | USD | 2026-03-31 | 10-Q | 2026-05-19 |
| EPS (Basic) | $0.00 | USD/shares | 2026-03-31 | 10-Q | 2026-05-19 |
| EPS (Diluted) | $0.00 | USD/shares | 2026-03-31 | 10-Q | 2026-05-19 |