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HDRNHadron Energy, Inc.

Is Hadron Energy struggling financially?

Yes, by its own account. Hadron Energy told the SEC on 6 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

30/100

Fragile

Sector
Industrial/Cyclical
Market cap
$133.7M
Source filing
10-Q 6 May 2026
Balance sheet
30 Jun 2026

Cash runway

Not estimable

The latest filings do not carry the cash or cash-flow lines needed to estimate a runway. Publishing a number here would mean inventing one.

What it reported

Cash burned over the last 12 months

$5.7M

What Hadron Energy told the SEC

…a Business Combination and it expects to continue to incur significant costs in pursuit of its Business Combination acquisition plans. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. There is no assurance that the Company’s plans to consummate a Business Combination will be successful or successful within the target business acquisition period. The unaudited…

Hadron Energy, Inc., Form 10-Q, filed 6 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

  • 13.7% share-count increase The company issued stock. Each share now owns 12.0% less of the business than a year ago, before any change in the price.

Other Industrial/Cyclical companies that filed the doubt