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Abundia Global Impact Group Inc. 10-Q Filings

AGIG NYSE

Every 10-Q that Abundia Global Impact Group Inc. (AGIG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow AGIG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AGIG filings page.

Rhea-AI Summary

Abundia Global Impact Group, Inc. is transitioning from a legacy oil and gas focus to recycling and renewable technology solutions while integrating RPD Technologies. For the six months ended June 30, 2026, revenue was $3,300,480, up from $483,627 a year earlier, driven mainly by engineering and process-development services, with oil and gas contributing modest volumes.

The company recorded a six‑month net loss of $9,067,942 and an accumulated deficit of $56,671,804. Cash and cash equivalents increased to $11,179,920, but current liabilities rose to $19,904,433, including an $6,458,630 AGIG convertible note and a $4,144,397 related‑party RPD Convertible Note measured at fair value. Total assets reached $48,526,161 and shareholders’ equity $28,449,480; common shares outstanding were 44,150,321 as of August 5, 2026. Abundia completed a $4,800,000 common‑control acquisition of RPD, expanded property and equipment to $18,484,380 as construction continued at its Cedar Port site, and raised capital through a February 2026 registered direct equity offering and draws on a $100,000,000 equity line of credit while repaying a $3,500,000 related‑party note. Management stated there is substantial doubt about the company’s ability to continue as a going concern within one year, citing ongoing losses and dependence on external financing.

Rhea-AI Summary

Abundia Global Impact Group, Inc. reported a net loss of $5.23 million for the quarter ended March 31, 2026 on modest oil and gas revenue of $132,965, as its renewables business remains pre‑revenue and focused on development.

Cash rose to $16.20 million and working capital to $6.60 million, largely from a registered direct equity offering and draws on an equity line of credit, which increased shares outstanding to 44,022,821. Management disclosed an accumulated deficit of $51.28 million and stated there is substantial doubt about the company’s ability to continue as a going concern without additional financing.

The quarter also saw continued investment in a plastics recycling plant in Baytown, Texas and patent portfolio development. After quarter‑end, Abundia agreed to acquire RPD Technologies Americas, LLC using a $4.04 million senior secured convertible note bearing 10% annual interest, further expanding its engineering and project development capabilities in low‑carbon energy.

Rhea-AI Summary

Abundia Global Impact Group, Inc. filed an amended quarterly report to restate its unaudited results for the quarter ended September 30, 2025 after its audit committee determined prior financials should not be relied upon. The restatement mainly recognizes a $12.4 million success fee on the July 2025 reverse acquisition as both a capital contribution and a general and administrative expense, along with other smaller non‑cash corrections.

After restatement, Abundia reported third‑quarter 2025 oil and gas revenue of $225,678 and a net loss of $20.4 million, or $(0.60) per share. For the nine months ended September 30, 2025, net loss was $22.5 million. Total assets rose to $28.8 million, driven by $13.0 million of goodwill from the AGIG reverse acquisition and an $8.6 million Texas land purchase for a planned plastics recycling plant, while total liabilities were $12.5 million, leaving shareholders’ equity at $16.3 million.

The company now reports two segments: legacy oil and gas operations and pre‑revenue renewables initiatives focused on converting waste plastics and biomass into fuels and chemicals. Management disclosed a going concern uncertainty, citing a $39.2 million accumulated deficit, approximately $4.0 million negative working capital, the end of a key government grant on March 31, 2025, and dependence on an up to $100 million equity line of credit and convertible debt to fund operations. Internal control over financial reporting remains ineffective, and the restatement led to identification of an additional material weakness.