Flanigans Enterprises

1 serious warning sign in Flanigans Enterprises’ filings.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 19 Dec 2025, plus the 10-Q filed 11 Aug 2026 and 2 later 8-Ks.

• Weak checks on its own accounts

  Serious

  The company said its checks on its own accounts did not work at year end. Mistakes could slip into the numbers.

  “Based on that evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that as of September 27, 2025, our internal control over financial reporting was ineffective.”

  Show the full paragraph

  Management’s Assessment on Internal Control over Financial Reporting Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Management, including our Chief Executive Officer and Chief Financial Officer, performed an evaluation of the effectiveness of the Company’s internal control over financial reporting. This evaluation was based on criteria established in Internal Control - Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission in 2013 (“COSO”). Based on that evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that as of September 27, 2025, our internal control over financial reporting was ineffective.

  From the 10-K filed 19 December 2025, Item 9A. Controls and Procedures. Read it in the filing