The going concern concept is not clearly defined a

The going concern concept is not clearly defined anywhere in generally accepted accounting principles, and so is subject to a considerable amount of interpretation regarding when an entity should report it. However, generally accepted auditing standards (GAAS) do instruct an auditor regarding the consideration of an entity’s ability to continue as a going concern. I guess it amounts to how you interpret it. I see it as a small growing company, and not a ship in danger. imo

Here We Go!!!!