CordovaCann Corp. (LVRLF) Form 6-K — Sep 21, 2026
CordovaCann Corp. furnished a 6-K on September 21, 2026 containing unaudited interim financial statements and MD&A for the three and nine months ended March 31, 2026, plus the six months ended December 31, 2025. The filing states there is substantial doubt about the Company's ability to continue as a going concern due to its history of losses and negative working capital. As at March 31, 2026 the company held cash of C$515,151 against total assets of C$6,382,846 and total liabilities of C$12,134,780, leaving liabilities roughly double assets.
Key figures
- Total Assets
- 6382846
- Cash Position
- 515151
- Currency
- CAD
- Dec 31 2025 cash
- 586032
- Total liabilities
- 12134780
- Counterclaim amount
- 800000
- Lawsuit claim amount
- 1900000
- Lease liabilities current
- 245403
- Promissory notes defaulted
- 418912
- Related party fees payable
- 3781622
- Working capital deficiency
- 7832833
- Lease liabilities long term
- 2594226
- Demand notes accrued interest
- 144965
- Convertible debentures current
- 1282365
- Operating cash flow nine months
- 846253
- Promissory notes payable current
- 1051743
- Demand notes principal outstanding
- 487866
- Financing cash outflow nine months
- 779781
- Convertible debenture accrued interest
- 468165
- Convertible debenture conversion price
- 0.36
- Dec 31 2025 working capital deficiency
- 7592091
- Demand notes principal outstanding usd
- 350000
- Working capital deficiency prior fy end
- 7413677
- Convertible debenture principal outstanding
- 814200
AI analysis
Red flags7 · Pro
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.