Kodak Issues Going-Concern Warning Amid Debt Repayment Doubts

Eastman Kodak Co. said in its latest quarterly filing that management has "substantial doubt" about the company’s ability to continue as a going concern. The disclosure, released on 11 August, cites the photography pioneer’s strained liquidity and upcoming debt maturities as reasons it may not be able to meet obligations or remain in business without additional financing. The warning underscores Kodak’s prolonged struggle to revive revenue after its 2012 bankruptcy. While the company has pursued commercial printing and advanced materials to offset the decline in film, rising interest costs and limited cash generation have left its balance sheet vulnerable. Kodak said it is evaluating strategic alternatives, including further cost cuts and potential asset sales, but gave no assurance these steps will succeed.