Jubilant Flame International, Ltd (JFIL) Form 10-Q — Oct 14, 2026
Jubilant Flame International, Ltd filed its 10-Q for the quarter ended August 31, 2026 reporting zero revenue for both the quarter and six-month period, with a net loss of $15,277 for the quarter and $45,008 for the six months, versus $32,502 in the prior-year six months. The filing discloses substantial doubt about the company's ability to continue as a going concern: cash was just $1,660 against current liabilities of $1,470,765, a working capital deficit of $1,465,100, and an accumulated deficit of $3,954,131. Management said it needs additional financing and cannot assure it will succeed.
Key figures
- Revenue
- 0
- Total Debt
- 845616
- Total Assets
- 5665
- Cash Position
- 1660
- Shares Outstanding
- 199867
- Accumulated deficit
- 3954131
- Reverse split ratio
- 1:100
- Working capital deficit
- 1465100
- Accrued officer compensation
- 535500
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.