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Bonk

BNKK on Nasdaq. Market value $11m.

Watch this stockFree. We tell you when something changes.

Should I look at this?

Look carefully before going further

Why it could be worth it

Nothing stands out yet.

What to watch out for

Read the warning sign in its own filings

This is not advice.

Compare with another stock

Who owns it

None of the long-term investors we follow own it. 31 funds in all.

Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

2 investors own more than 5%.

  • LUCKY DOG HOLDINGS
    Strategic holder
    19.2%−0.8 pts
    Since 21 August 2025
    What they said

    Subject to the stockholder consent of the Issuer, LDH will acquire a controlling interest in the Issuer pursuant to the Securities Purchase Agreement and Revenue Sharing Agreement. LDH, as a Series C Convertible Preferred Stock has the right to elect 50% of the directors of the…

    Read the filing
  • American Ventures LLC, Series XII SHOT
    Passive investor
    at least 8.9%
    (filed with 6 related holders)
    Since 23 July 2025

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

In the last 12 months, 1 insider bought $148,254 of shares on the open market.

  • Rudy Mitchell Austin
    Director
    Bought
    Date
    13 July 2026
    Shares
    9,000
    Price
    $1.21
    Value
    $10,890
  • Rudy Mitchell Austin
    Director
    Bought
    Date
    10 July 2026
    Shares
    1,000
    Price
    $1.21
    Value
    $1,210
  • Rudy Mitchell Austin
    Director
    Bought
    Date
    2 July 2026
    Shares
    11,659
    Price
    $1.47
    Value
    $17,139
  • Rudy Mitchell Austin
    Director
    Bought
    Date
    22 June 2026
    Shares
    7,500
    Price
    $1.56
    Value
    $11,700
  • Rudy Mitchell Austin
    Director
    Bought
    Date
    16 June 2026
    Shares
    2,500
    Price
    $1.32
    Value
    $3,300
  • Rudy Mitchell Austin
    Director
    Bought
    Date
    10 June 2026
    Shares
    12,000
    Price
    $1.37
    Value
    $16,440
  • Rudy Mitchell Austin
    Director
    Bought
    Date
    9 April 2026
    Shares
    31,055
    Price
    $2.82
    Value
    $87,575

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

2 serious warning signs in Bonk’s 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 31 Mar 2026, plus the 10-Q filed 14 Aug 2026 and 3 later 8-Ks.

  • Doubt it can keep going

    Serious

    The company or its auditor warned it may not have enough money to last the next year.

    “These conditions have raised substantial doubt about the Company’s ability to continue as a going concern as noted by our auditors, M&K CPAS, PLLC.”
    Show the full paragraph
    As of June 30, 2026, and December 31, 2025, the Company had accumulated deficits of $ 191,375,494 and $ 183,492,179 , respectively, and cash flow used in operations of $ 4,167,954 and $ 25,275,375 for the six months ended June 30, 2026, and year ended December 31, 2025. The Company has incurred and expects to continue to incur significant costs in pursuit of its expansion and development plans. At June 30, 2026 and December 31, 2025, the Company had $ 214,475 and $ 2,278,340 respectively, in cash and working capital of $ 202,959 and $ 64,954 , respectively. These conditions have raised substantial doubt about the Company’s ability to continue as a going concern as noted by our auditors, M&K CPAS, PLLC.

    From the 10-Q filed 14 August 2026, Part I, Item 1. Financial Statements. Read it in the filing

  • 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 the criteria established by COSO, management concluded that the Company’s internal control over financial reporting was ineffective as of December 31, 2025.”
    Show the full paragraph
    As of December 31, 2025, management conducted an assessment of the effectiveness of the Company’s internal control over financial reporting based on the framework established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations (COSO) of the Treadway Commission. Based on the criteria established by COSO, management concluded that the Company’s internal control over financial reporting was ineffective as of December 31, 2025.

    From the 10-K filed 31 March 2026, Item 9A. Controls and Procedures. Read it in the filing

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.