AIXN delays Q3 2025 10-Q amid revenue drop and continued losses
Rhea-AI Filing Summary
AiXin Life International, Inc. filed a notice of late Form 10-Q for the quarter ended September 30, 2025, citing delays in completing its financial statements and related review procedures that it says could not be resolved without unreasonable effort or expense. The company expects to use the five-day extension period allowed under SEC rules.
Based on preliminary results, AiXin anticipates revenue of about $301,979 for the third quarter and $1,161,739 for the first nine months of 2025, down from $936,406 and $3,120,615 in the same 2024 periods. It expects a comprehensive loss of roughly $374,458 for the third quarter of 2025 versus a loss of $642,319 a year earlier, and a nine-month comprehensive loss of about $1,541,996 compared with $1,369,754 in 2024. The company states there is substantial doubt about its ability to continue as a going concern, and these preliminary figures do not reflect any potential adjustments that could result if it is unable to continue operating.
Positive
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Insights
Late 10-Q, sharp revenue decline, and going-concern doubt heighten risk.
AiXin Life International, Inc. indicates it will miss the original deadline for its Form 10-Q for the quarter ended
Preliminary figures show revenue falling to about
The company explicitly notes “substantial doubt” about its ability to continue as a going concern and clarifies that the preliminary numbers exclude any adjustments that could arise if it cannot continue operating. The impact of the auditor’s ongoing procedures and the final Form 10-Q, expected within the five-day extension window, will determine whether these preliminary trends and the going-concern uncertainty are confirmed or further adjusted.
FAQ
Why did AiXin Life International, Inc. (AIXN) file a late Form 10-Q notice?
AiXin Life International, Inc. filed a Form 12b-25 because it could not complete the financial statements and related quality-control and review procedures for its Form 10-Q for the quarter ended September 30, 2025 without what it describes as unreasonable effort and expense. The company plans to file the report within the SEC’s allowed five-day extension.
What preliminary Q3 2025 revenue did AiXin Life International, Inc. (AIXN) report?
The company expects to report revenue of approximately $301,979 for the three months ended September 30, 2025, compared with revenue of $936,406 for the same quarter in 2024.
How did AiXin Life International, Inc. (AIXN) perform over the first nine months of 2025?
For the nine months ended September 30, 2025, AiXin anticipates revenue of about $1,161,739, down from $3,120,615 in the prior-year period. It expects a comprehensive loss of roughly $1,541,996, compared with a comprehensive loss of $1,369,754 for the nine months ended September 30, 2024.
What are AiXin Life International, Inc.’s preliminary comprehensive loss figures for Q3 2025?
The company anticipates a comprehensive loss of approximately $374,458 for the third quarter of 2025, compared with a comprehensive loss of $642,319 for the third quarter of 2024.
Does AiXin Life International, Inc. (AIXN) have going-concern risks?
Yes. AiXin states that there is substantial doubt about its ability to continue as a going concern. It also notes that the preliminary financial results do not include any adjustments that might be necessary if it is unable to continue as a going concern.
Are AiXin Life International, Inc.’s (AIXN) preliminary results audited or final?
No. The company explains that the preliminary numbers are based on its prepared financial statements, and its auditor has not completed procedures. As a result, these figures are subject to adjustment when the Form 10-Q is filed.