TRUG · TruGolf Holdings, Inc.
$0.43
-0.02 (-3.65%)
At close · Sep 2
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company anticipates that it will continue to incur operating losses as it executes its development plans for 2026, as well as other potential strategic and business development initiatives. In addition, the Company has had and expects to have negative cash flows from operations, at least into the near future. The Company has previously funded, and plans to continue funding, these losses primarily with the sale of equity and convertible notes, although no assurances can be given that such financing will be available on acceptable terms or at all. The accompanying unaudited condensed consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.”View the 10-Q filed Aug 14, 2026
Market Cap
$890,676
Shares
1.92M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Brenner Adams | Chief Growth Officer | $220,055 |
| Nathan E. Larsen | Chief Experience Officer | $220,055 |
| Lindsay Jones | Former Chief Financial Officer | $211,959 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Brenner Adams | Chief Growth Officer | $858,000 |
| Nathan E. Larsen | Chief Experience Officer | $853,000 |
| Christopher Jones | Chief Executive Officer | $150,000 |
| Lindsay Jones | Former Chief Financial Officer | $24,892 |