secwatch.observer — SEC 8-K summary
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Issuer:     Driveitaway Holdings, Inc. (DWAY)
CIK:        0001394638
Form:       8-K/A
Filed at:   2022-07-08T23:59:59+00:00
Accession:  0001731122-22-001203
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DIA audited FY2021 net loss of $676K; going concern doubt persists
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- Net loss of $675,684 for FY2021, up from $198,628 in FY2020, driven by operating loss of $661,140.
- Revenue fell to $118,591 from $225,187 YoY; rental revenue dropped from $909,871 to $535,928.
- Total liabilities of $516,600 vs. assets of $31,229; stockholders' deficit of $485,371.
- Auditor includes going-concern explanatory paragraph due to recurring losses and capital deficiency.
- Acquisition closed Feb 24, 2022; company changed name to DriveItaway Holdings, Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1394638/000173112222001203/0001731122-22-001203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1394638/000173112222001203/e3883_8k-a.htm
  HTML page:      https://secwatch.observer/filing/0001731122-22-001203

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