Going concern doubt regarding operations funding
Company: Marathon Digital
The claim, verbatim
Based on current revenue and profit projections, management is uncertain existing cash will be sufficient to fund operations through at least next twelve months from financial statement issuance date
Source (primary)
Marathon Digital 10-Q filed 2020-08-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Based on the Company's current revenue and profit projections, management is uncertain that the Company's existing cash will be sufficient to fund its operations through at least the next twelve months from the issuance date of the financial statements, raising substantial doubt regarding the Company's ability to continue operating as a going concern.”
How we checked this
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Additional evidence
confirms Marathon Digital 10-Q filed 2020-08-14
Quote: “Based on the Company's current revenue and profit projections, management is uncertain that the Company's existing cash will be sufficient to fund its operations through at least the next twelve months from the issuance date of the financial statements, raising substantial doubt regarding the Company's ability to continue operating as a going concern.”