10-Q · May 15, 2026
Callan JMB Inc. experienced a significant decrease in revenue and an increase in net loss in the first quarter of 2026 compared to the previous year, indicating ongoing challenges in maintaining business operations.…
Earnings analysis · 10-Q
CJMB earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The extracted 10-Q does not provide the current-quarter income statement, balance sheet, cash flow statement, segment data, or MD&A, so revenue, margins, EPS, cash flow, and year-over-year trends cannot be verified from…
Read full summary
The extracted 10-Q does not provide the current-quarter income statement, balance sheet, cash flow statement, segment data, or MD&A, so revenue, margins, EPS, cash flow, and year-over-year trends cannot be verified from the supplied text. The principal disclosure is a material weakness: as of June 30, 2026, management concluded that disclosure controls were not effective. Remediation continued through the six months ended June 30, 2026 but was not complete, and no quantitative guidance was provided.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Former Executive Settlement Completed
During the six months ended June 30, 2026, the Company finalized a settlement with a former executive with no financial impact.
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No Unregistered Equity Sales
No unregistered sales of equity securities occurred during the three and six months ended June 30, 2026.
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Control Remediation Continued
Management reported continued work through the six months ended June 30, 2026 to enhance oversight and governance, improve accounting-policy documentation, and support GAAP-compliant financial reporting with third-party advisors.
What to watch
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Material Weakness in Disclosure Controls
As of June 30, 2026, the CEO and CFO concluded that disclosure controls and procedures were not effective. Management identified a material weakness involving the timeliness and consistency of oversight reviews and governance.
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Control Remediation Remains Unfinished
Remediation was not complete as of June 30, 2026; management stated it will not be complete until redesigned controls operate effectively for a sustained period and are validated through testing.
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Potential Litigation and Reputation Costs
Although no material legal proceeding was pending during the six months ended June 30, 2026, the Company warned that future claims could result in defense and settlement costs, resource diversion, negative publicity, and reputational harm.
Management's outlook
No quantitative outlook or guidance was provided in the extracted 10-Q. Outlook remains deferred; the filing does not include revenue or EPS guidance.
Earlier filings 4
10-K · March 31, 2026
Callan JMB positions itself as a vertically-integrated cold-chain logistics and fulfillment provider built around proprietary reusable packaging, Ship2Q® inventory software and Sentry remote temperature monitoring. The…
10-Q · November 14, 2025
Callan JMB reported Q3 revenue of $1,446,917, essentially flat vs. Q3 2024 ($1,435,376) but posted a materially larger operating loss of $(1,879,158) (vs. $(780,983) prior year) and GAAP net loss of $(2,731,341) (vs.…
10-Q · May 15, 2025
Revenue declined to $1,449,377 in Q1 2025 from $1,790,521 in Q1 2024 while gross margin improved to 42.5% (615,940 gross profit). Operating loss widened to $(1,238,376) (operating margin -85.4%) and diluted EPS was…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.