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CVRChicago Rivet & Machine Co.

Is Chicago Rivet & Machine struggling financially?

Yes, by its own account. Chicago Rivet & Machine told the SEC on 8 May 2026, in Form 10-Q, that there is substantial doubt about its ability to continue as a going concern.

Going concern disclosed May 2026

15/100

Critical

Cries for help

  • Supply chain

    Our business over the last few years has been significantly affected by domestic and global economic and market conditions, including rising costs, supply chain disruptions and labor pressures.

    Form 10-K, filed 24 Mar 2026. Read it on SEC.gov

Signs of a way out

Nothing in the filings we have read names a way out.

Sector
Industrial/Cyclical
Market cap
$10.0M
Source filing
10-Q 8 May 2026
Balance sheet
30 Jun 2026

Cash runway

  • 5months

    If the burn speeds up

    Empty by Nov 2026

  • 7months

    If it eases off

    Empty by Jan 2027

Both rows are the same reported burn flexed 15% either way, and neither assumes the company raises a cent.

Out of cashTwo years or more

The runway math

Cash and short-term investments

$771K

÷

Cash burned over the last 12 months

$1.6M

What Chicago Rivet & Machine told the SEC

…credit at March 31, 2026. The Company’s declining revenues, recurring operating losses and negative cash flows, and continued reduction in liquidity, raise substantial doubt about the Company's ability to continue as a going concern within one year after the issuance date of these financial statements.

Chicago Rivet & Machine Co., Form 10-Q, filed 8 May 2026.

Read the filing on SEC.gov

What this means

  • Not a bankruptcy filing, and not a prediction.
  • It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
  • The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.

What else the numbers show

  • Cash burn is narrowing It is spending 67% less cash per year than it was, so the runway above is lengthening rather than shortening.

Other Industrial/Cyclical companies that filed the doubt