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- Going Concern (new) — The auditor's report includes a going-concern explanatory paragraph, indicating substantial doubt about the company's ability to continue as a going concern.
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DBHL files S-1/A for resale of up to 58.5M shares by selling stockholders; company gets no proceeds
Filed May 6, 2026 · ~2 min read
Key Changes
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The offering is entirely secondary: up to 58,506,213 shares may be sold by existing stockholders at a fixed $3.00 per share until a public market develops. The company receives no proceeds from these sales.
The Offering verify on EDGAR → -
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DBHL reported a GAAP net loss of $5.3 million for 2025, up from $1.0 million in 2024, with an accumulated deficit of $32.5 million and negative operating cash flow of $3.9 million.
Management's Discussion and Analysis verify on EDGAR → -
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The company has not entered into any binding implementation contracts for nuclear waste disposal, and the market for deep borehole disposal is not yet established.
Prospectus Summary verify on EDGAR →
3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 31, 2026 · How we verify