Newton Golf Company, Inc. (NWTG): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 16:31 ET
- Event date
- 2026-11-12
- Accession no.
- 0001493152-26-051760
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
Newton Golf reports third-quarter results and discloses financing and Nasdaq compliance status
Newton Golf reported third-quarter net sales of $1.4 million and a net loss of $1.2 million, compared with $2.6 million and $1.6 million in the prior-year quarter. It raised approximately $3.0 million in net proceeds from equity financings after September 30, 2026. The company disclosed an unresolved Nasdaq equity compliance matter and said financing plans do not alleviate substantial doubt about its ability to continue as a going concern.
- Third-quarter net sales were $1.4 million, compared to $2.6 million in the prior-year quarter.
- Net loss was $1.2 million, or $0.23 per basic and diluted share, compared with $1.6 million, or $0.34 per share.
- Cash and cash equivalents were $513,000 at September 30, 2026.
- Nasdaq has not confirmed management's estimated stockholders' equity of approximately $5.2 million; the Panel has not decided.
earningsfinancinglisting notice
Items reported
- Item 2.02: Results of Operations and Financial Condition
The company publicly announced results of operations or financial condition for a completed period, most often a quarterly earnings release. The release itself is usually attached as Exhibit 99.1. Information under Item 2.02 is generally "furnished" rather than "filed". - Item 9.01: Financial Statements and Exhibits
Lists the financial statements, pro forma information and exhibits filed with the report. It almost always accompanies another Item and is rarely news on its own.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | 8-K | form8-k.htm |
| EX-99.1 | EX-99.1 | ex99-1.htm |
The summary above was generated by AI from the filing text and checked automatically against it. Read the original documents on SEC EDGAR. How to read an 8-K.