10-Q · May 12, 2026
TONX reported a strong Q4 2026 performance with total revenue of $5.742 million, up significantly from $6 million in the prior quarter and compared to $4 million in the same quarter last year. However, EPS was a loss of…
Earnings analysis · 10-Q
TONX earnings analysis
Filed August 11, 2026 · Our reading of the company's report
The latest report
The provided 10-Q excerpt is primarily composed of risk-factor, corporate-governance, employment-agreement, and exhibit disclosures and does not include the financial statements or MD&A needed to evaluate revenue,…
Read full summary
The provided 10-Q excerpt is primarily composed of risk-factor, corporate-governance, employment-agreement, and exhibit disclosures and does not include the financial statements or MD&A needed to evaluate revenue, margins, EPS, liquidity, cash flow, or segment trends for the quarter ended June 30, 2026. Management states that prior risk factors have not changed materially. The principal new item is the July 20, 2026 amendment expanding potential severance eligibility for the CEO and CFO by removing the prior 18-month timing limitation.
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
-
No material risk-factor changes
The filing states that the risk factors identified in the Annual Report filed on March 31, 2026 have not changed in any material respect.
-
No unregistered equity sales
No equity securities were sold during the reported period; Item 2 states "None."
-
No insider trading-plan activity
During the three months ended June 30, 2026, no director or officer adopted or terminated a Rule 10b5-1 or non-Rule 10b5-1 trading arrangement.
What to watch
-
Expanded executive severance exposure
On July 20, 2026, amendments to the employment agreements of the CEO and CFO expanded severance eligibility by eliminating the requirement that a qualifying termination occur within 18 months of the agreement's effective date. This could increase potential severance obligations.
-
Quarterly financial data unavailable
The provided filing text does not disclose revenue, EPS, cash flow, balance-sheet balances, segment results, or quantitative outlook for the three months ended June 30, 2026, preventing assessment of quarterly operating performance.
-
Limited risk-factor updates
The filing states that the Annual Report's risk factors have not changed in any material respect, but it does not provide refreshed discussion of company-specific risks beyond the existing disclosures in the Annual Report filed March 31, 2026.
Management's outlook
The provided 10-Q excerpt contains no quantitative revenue, EPS, operating, capital-spending, or liquidity outlook. Numeric fields are therefore unavailable.
Earlier filings 4
10-K · March 31, 2026
TON Strategy pivoted in 2025 to a Toncoin-centric treasury and staking strategy after completing a $558.0 million PIPE and began staking in August 2025. As of December 31, 2025 the company had staked 219,709,826 TON,…
10-K · March 25, 2025
Verb Technology’s 2024 10-K shows a business refocused on social commerce (MARKET.live) with two adjacent growth initiatives (Go Fund Yourself and Vanity Prescribed). Net losses narrowed to $10.3 million in 2024 from…
10-Q · August 14, 2024
Verb Technology (10-Q for quarter ended June 30, 2024) reported revenue of $37 (in thousands) in Q2 2024 versus $3 (in thousands) in Q2 2023 with continuing operating loss improving to $(2,405) (in thousands) from…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.