GenFlat Holdings, Inc. (GFLT) Form 10-K — Sep 25, 2026
GenFlat Holdings filed its fiscal 2026 10-K (fiscal year ended June 30, 2026) reporting a net loss of $3,315,190 and an accumulated deficit of $11,093,510 since inception. The company's auditors expressed substantial doubt about its ability to continue as a going concern. The company has only seven customers across one rental agreement, two equipment lease agreements, and trial agreements, and has generated nominal revenue to date. Management cites a roughly $400 million qualified sales pipeline, but estimates only about 28% could convert into signed agreements during calendar 2027.
Key figures
- Prior Year Net Loss
- 4713546
- Shares Outstanding
- 13105234
- Accumulated Deficit
- 11093510
- Non Affiliate Market Value
- 39060725
- Fiscal Year End
- June 30
- Full Time Employees
- 4
- Stockholders Of Record
- 141
- Rd Spend Since Inception
- 1090000
- Qualified Sales Pipeline
- $400 million potential contract value
- Internal Control Weaknesses
- material weaknesses and significant deficiencies identified
- Estimated Pipeline Conversion2027
- approximately 28%
AI analysis
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