Cuentas Inc. (CUEN) Form 10-Q — Jun 8, 2026

Cuentas Inc. reported a net loss of $497,000 for the quarter ended March 31, 2026, with cash reserves dwindling to just $72,000 against a working capital deficit of $3.48 million. The company explicitly stated that these conditions raise substantial doubt about its ability to continue as a going concern, noting that its ability to survive depends on raising additional capital that has not yet been secured. Management disclosed that disclosure controls and procedures are not effective, citing material weaknesses in internal control over financial reporting.

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