Risk factors

Net losses narrowed to $83.4 million in 2025 with working capital dropping to $26 million. Stock price traded below the $1.00 Nasdaq minimum bid requirement. Internal control material weaknesses shifted from IT change management to information and communication components.

Bonk, Inc. has adopted a high-stakes cryptocurrency treasury strategy focused on holding massive amounts of BONK tokens. The company's core dietary supplement business does not generate positive cash flow, creating heavy reliance on BONK token valuation and external financing. Substantial risks center on BONK token price volatility, regulatory and security threats, and potential classification of BONK as a security.

BranchOut Food Inc. faces ongoing net losses of $6,124,672 in 2025 alongside a going concern warning. The company relies on customer concentration and working capital while navigating tariff policies. Nasdaq compliance and debt obligations constrain operational flexibility.

Nuburu added several risks related to its aggressive Transformation Plan, M&A activities, debt service, and internal control weaknesses.

Broadway Financial Corp restructured its CDFI risk disclosures while grappling with Nasdaq delisting determinations and financial statement restatements.

Caring Brands has a limited operating history and working capital deficiency, raising going concern doubts.

Cadiz Inc faces heavy reliance on capital raises for the Mojave Groundwater Bank and water filtration technology business. Debt default risks and non-binding private equity negotiations threaten ongoing operations.

The company faces growing net losses, high customer concentration, and new trade policy and tariff risks.

Strategic alternatives and land sales dominate risks, alongside ongoing dependence on third-party oil, gas, and timber production revenues in Louisiana.

ClearSign faces delisting risks due to its stock price falling below the $1.00 minimum bid price on Nasdaq. Revenue concentration remains high, with three customers accounting for 81 percent of total revenue in 2025. The company enacted a reverse stock split, altering share counts, option totals, and trading price ranges.

After selling operating assets, ClearOne expects insufficient revenue and depends on cash, financing, or a strategic transaction to continue.

ZW Data Action Technologies faces heightened market volatility from Middle East and Ukraine conflicts threatening common stock prices. The company received a Nasdaq deficiency notice for failing the $1.00 minimum bid price requirement. Several risk factors regarding doing business in China were removed.