NextTrip (NTRP) risk factors
Item 1A of every NextTrip, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors33 risks1 new1 dropped6 reworded
Liquidity and going-concern risk is newly emphasized, with $761,004 negative working capital and a $16.2 million 2026 net loss.
Filed May 29, 2026 - FY2025 10-K risk factors33 risks4 new8 dropped7 reworded
NextTrip expanded its losses with net loss rising to $10,198,684 for fiscal 2025 and an accumulated deficit of $34,349,823. Nasdaq delisting risks escalated due to non-compliance with the minimum stockholders' equity of $2,500,000 and late filings. Outstanding shares surged from 936,430 to 7,653,525, significantly increasing dilution from preferred stock and warrants.
Filed May 29, 2025 - FY2024 10-K risk factors37 risks
NextTrip faces severe going concern risks with negative working capital of $245,005 and an accumulated deficit of $24,151,139. The company received a Nasdaq deficiency notice for failing to maintain the minimum $2,500,000 stockholders equity requirement. Operations are heavily dependent on global air travel volumes and third-party web hosting providers.
Filed Sep 04, 2024