Get notified when GPRO files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsCritical incident detected
Existential event
Time-sensitive event — see the red-flag panel below for the source-quoted detail.
Red Flags Detected
- Going Concern (new) — Auditor concluded substantial doubt exists about GoPro's ability to continue operating for the next twelve months due to operating losses, negative cash flows, and expected covenant violations.
- Debt Default (new) — Lenders may declare the going-concern refiling an Event of Default, which would trigger cross-defaults across all borrowing arrangements and potentially accelerate repayment of over $100 million in debt.
- Covenant Violation (new) — Company was not in compliance with financial covenants as of March 31, 2026 and expects future non-compliance at the next measurement date.
- Goodwill Impairment (new) — GoPro recorded an $18.6 million goodwill impairment charge in 2025, reducing goodwill from $152.4 million to $133.8 million.
GoPro refiled 2025 financials with going-concern doubt; lenders may declare default on $100M+ debt
Filed June 1, 2026 · Period ending June 1, 2026 · ~2 min read
Key Changes
-
high
Subsequent event: On February 27, 2026, the Company amended the 2021 Credit Agreement and 2025 Credit Agreement, as referenced in Note 5 Financing arrangements. On February 27, 2026, the Company entered into a securities purchase agree…
Notes: Subsequent Events view on EDGAR → -
high
Auditor added going-concern doubt to 2025 financials due to operating losses, negative cash flows, and expected covenant violations; company states it may lack sufficient assets to repay debt if accelerated.
Item 8.01 — Other Events verify on EDGAR → -
high
Lenders under $50M 2025 Term Loan and 2021 revolving facility may declare the going-concern refiling an Event of Default; cross-default provisions would trigger defaults across all borrowing arrangements including up to $50M in Convertible Debentures.
Item 8.01 — Other Events 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.
Want to see a complete report first? Today's free report (SLP 10-Q) is open in full — no account needed.
Partner
Trade GPRO commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Thanks — your feedback helps us improve report quality.
Source-verified from EDGAR · Narrative written by AI · Jul 13, 2026 · How we verify