Dolphin Entertainment, Inc.
AI Executive Summary
AI-powered analysis of 10-Q filing content
Dolphin Entertainment shows severe financial distress with a debt-to-equity ratio of 6.3:1 and only $7.2M current ratio against $27.1M current liabilities. The company burned through $2.5M cash in Q1 2026 while posting a $2.7M net loss, indicating potential liquidity crisis within 12 months.
Red Flags Detected (7)
Current ratio of 0.73 - unable to cover short-term obligations
$7.4M negative working capital position
$2.5M cash burn in single quarter with only $6.3M remaining
4 more red flags detected
Key Takeaways
Company faces potential going concern issues with current liquidity position
Heavy debt burden with $17.4M in convertible and notes payable
2 more takeaways
Filing Overview
What This Means
High Risk Filing: This company is showing signs of financial stress or significant operational challenges.
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.