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Full NWTG fundamentals All 466 on the Survival Watch

NWTGNEWTON GOLF COMPANY, INC.

Is Newton Golf Company struggling financially?

Yes, by its own account. Newton Golf Company told the SEC on 14 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

    The Company’s manufacturing operations utilize raw materials such as carbon fiber, metals, coatings, and other specialized components. In recent years, global supply chain disruptions and inflationary pressures have affected the cost of certain raw materials, transportation, and labor.

    Form 10-Q, filed 14 May 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
$7.5M
Source filing
10-Q 14 May 2026
Balance sheet
30 Jun 2026

Cash runway

  • 0months

    If the burn speeds up

    Empty by Jun 2026

  • 1month

    If it eases off

    Empty by Jul 2026

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

$442K

÷

Cash burned over the last 12 months

$9.8M

What Newton Golf Company told the SEC

…Company incurred a net loss of $ 2,659,000 , used cash in operations of $ 1,095,000 , and had a stockholders’ deficit of $ 1,521,000 . These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date of the condensed financial statements being issued. These condensed financial statements do not include adjustments relating to the recoverability and…

NEWTON GOLF COMPANY, INC., Form 10-Q, filed 14 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

  • 65.5% share-count increase The company issued stock. Each share now owns 39.6% less of the business than a year ago, before any change in the price.

Other Industrial/Cyclical companies that filed the doubt