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Red Flags Detected

  • Debt Default (new) — The $3.5M Bailey acquisition note matured in December 2025 and is now in default; management is negotiating repayment or extension.
  • Material Weakness (worsened) — Material weakness continues for another year with no remediation; disclosure controls remain ineffective.
NASDAQ: DBGI Digital Brands Group, Inc. 10-Q

DBGI reports $3.5M debt default, 30% revenue drop, and $11.4M loss driven by NIL charges

Filed May 20, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 15, 2025 · ~1 min read

5 material changes detected in this filing.

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View original filing on SEC.gov

Generated by AI · May 26, 2026 6:35 AM