Is Newton Golf Company going out of business?

Newton Golf Company, Inc. (NWTG) Fundamentals

A quick summary of the latest filed figures while the full analysis loads.

Newton Golf Company, Inc. (NWTG) scores 16 out of 100 on fundamentals, Distressed / Caution, based on SEC filing data.

Leading signal: Shares dilution YoY: 65.53% (YoY) - Heavy dilution suggests continuous equity raises; survival depends on external capital.

Five questions, kept separate

Survival - Critical

Under 1 mo of estimated runway from 2026-06-30, based on $442K of cash and short-term investments against $9.8M of annual burn. A disclosed filing event caps this reading; Event Risk carries the detail.

Business quality - Poor

-114.8% operating margin and -136.8% FCF margin produce a poor Business Quality assessment.

Trajectory - Improving

Revenue improved 28.8%; operating margin weakened 6.9pp; FCF margin improved 46.5pp. The TTM window includes a mixed-basis Q4 estimate.

Valuation - Extreme expectations

-80.9% normalized FCF yield supports an extreme expectations Valuation assessment on the ttm basis.

Event risk - Critical event risk

Going-Concern Warning is the decisive filing event; one adverse event family is active. It appears across 2 scanned filings. Favorable events are shown separately and do not offset adverse risk.

What the rules read

• Shares dilution YoY: 65.53% (YoY) - Heavy dilution suggests continuous equity raises; survival depends on external capital.
• Debt / Equity: Negative equity (balance sheet deficit; monitor solvency)
• Filing event risk: Going-Concern Warning (-8 pts)
• FCF margin: -136.81%
• Asset Efficiency: 2.88x
• Revenue CAGR (3Y): 249.84%
• Gross margin (industrial): 69.22%
• R&D intensity: 12.26%
• ROE quality: 254.70%
• Return on Assets: -358.06%
• Net income trend: -49.87%
• Cash Burn Deceleration: -90.11% QoQ improvement (Worsening)

Read from filings through 2026-08-20.

Price as of 2026-09-11.