ROCHESTER, N.Y. (WROC) — A few months ago, Kodak released its second-quarter financial results, which outlined going concerns about moving forward.

Now, the company is saying they have resolved those going concerns.

According to its third-quarter financial results, it had a gross profit of $68 million, which was a 51% increase from last year's third quarter. They also reported significant improvements in operational EBITDA and cash balance.

In its second-quarter report, Kodak issued a disclosure regarding its going closure assessment in its filing. Its conditions at the time, the company said, "raised substantial doubt about the company's ability to continue" as a going concern.

The company clarified with News 8 that it was a technical report that was required by accounting rules. Rega

See Full Page