10-Q · May 15, 2026
ZW Data Action Technologies Inc. (CNET) reported a decline in revenue to $1.65 million for Q1 2026, compared to $2.00 million in Q1 2025, reflecting ongoing market challenges. The company shifted its operations to focus…
Earnings analysis · 10-Q
CNET earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The extracted June 30, 2026 10-Q contains governance, controls, legal-proceeding, and exhibit disclosures but does not include the income statement, balance sheet, cash flow statement, segment data, or MD&A financial…
Read full summary
The extracted June 30, 2026 10-Q contains governance, controls, legal-proceeding, and exhibit disclosures but does not include the income statement, balance sheet, cash flow statement, segment data, or MD&A financial discussion needed to assess quarterly operating trends. Accordingly, revenue, margins, EPS, free cash flow, balance-sheet changes, and quantitative guidance are unavailable and cannot be compared with the prior quarter or prior year. Controls were deemed effective as of June 30, 2026, with no material internal-control changes reported during fiscal 2026.
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
-
Disclosure controls effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, under the evaluation required by Rules 13a-15(e) and 15d-15(e).
-
No material control changes
The filing reports no change during the fiscal quarter of 2026 that materially affected, or was reasonably likely to materially affect, internal control over financial reporting.
-
No material legal proceedings
The company states it was not a party to any legal or administrative proceedings and was unaware of any pending or threatened proceedings in all material aspects as of the filing.
-
No equity sales or defaults
Item 2 reports none for unregistered sales of equity securities, and Item 3 reports none for defaults upon senior securities.
What to watch
-
Risk-factor disclosure omitted
Risk-factor information was omitted under Item 1A because the company qualifies as a smaller reporting company, limiting visibility into current and newly emerging risks compared with a full risk-factor disclosure.
Management's outlook
No quantitative outlook, revenue guidance, or EPS guidance is provided in the extracted 10-Q. Item 3 states market-risk disclosures are not applicable to smaller reporting companies.
Earlier filings 4
10-K · March 31, 2026
ZW Data Action Technologies (CNET) operates as a Nevada holding company that runs internet platform and online advertising operations in China through VIE contractual arrangements. Reported quarterly results sum to…
10-Q · November 14, 2025
ZW Data Action Technologies reported Q3 revenue of $1,717,000, down versus Q3 2024 ($3,239,000) but up versus the prior quarter (Q2 2025 $548,000). Gross profit improved to $98,000 (gross margin 5.7%), operating loss…
10-Q · August 14, 2025
ZW Data Action Technologies reported revenues of $548,000 for Q2 2025 (three months ended June 30, 2025) with a gross margin of 8.6% and an operating loss of $682,000, producing diluted EPS of $(0.27). Cash improved to…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.