Every 10-Q that DATA443 RISK MTIGTING INC (ATDS) 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 ATDS 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 ATDS filings page.
Data443 Risk Mitigation, Inc. reported weaker results for the quarter and six months ended June 30, 2026 while facing significant liquidity pressure and high leverage. Revenue fell to $829,695 for the quarter and $1,847,075 for the first half of 2026, down 42% and 29% from the prior-year periods. Cost of revenue rose sharply, collapsing gross margin to near break-even quarterly and to 9% for the six months. Operating expenses declined 54% for the quarter and 39% year-to-date due to cost-cutting, yet the company still posted a net loss of $944,481 for Q2 and $1,957,987 for the first half, both nearly doubling versus 2025.
Liquidity is strained: cash was $0 at June 30, 2026, current assets were $41,744 against current liabilities of $19,699,594, and the working capital deficit widened to $19,657,850. Total liabilities of $20,737,646 far exceed total assets of $4,606,740, resulting in a stockholders’ deficit of $16,130,906. The company carries convertible notes payable of $6,008,678 and notes payable of $3,983,751, with multiple convertible notes in default and accruing default interest rates up to 24%. Management discloses substantial doubt about the ability to continue as a going concern and plans to seek additional debt or equity financing. To fund operations, the company converted $104,540 of debt into 508,375,413 new common shares and issued 76,000,000 shares via cashless warrant exercise, bringing common shares outstanding to 1,313,420,344.
Data443 Risk Mitigation, Inc. reported a larger net loss for the three months ended March 31, 2026 as liquidity pressures intensified. Revenue was $1,017,380, down from $1,166,589, and gross profit fell to $166,529, a margin of 16% versus 68% a year earlier.
Net loss widened to $1,013,506 from $676,664, driven by sharply higher cost of revenue and interest expense of $477,103. Cash declined to $40,812 against current liabilities of $18,842,890, producing a working capital deficit of $18,153,383 and prompting a going concern warning.
The company relies heavily on convertible and other promissory notes; several convertible notes are in default with elevated default interest rates. To reduce debt, it converted $104,540 of notes into 508,375,413 new common shares and issued 76,000,000 shares via cashless warrant exercise, increasing shares outstanding to 1,313,420,344.
Data443 Risk Mitigation (ATDS) reported Q3 results showing lower revenue and a smaller loss. Q3 revenue was $899,132 versus $1,146,937 a year ago. Gross profit was $545,734 with operating expenses of $1,107,592, resulting in an operating loss of $(561,858) and a net loss of $(602,434). For the nine months, revenue was $3,497,748 and net loss was $(1,597,069), with interest expense reduced year over year.
The balance sheet remains highly leveraged: cash was $49,086 and total assets $5.29 million against total liabilities of $18.77 million, leaving a stockholders’ deficit of $(13.48 million). Current liabilities were $16.92 million versus current assets of $134,831. Deferred revenue totaled $2.07 million. Convertible notes payable were $4.00 million, all current.
The company disclosed substantial doubt about its ability to continue as a going concern and listed several convertible notes in default. Capital activity expanded the share count: 497,561,331 shares outstanding as of September 30, 2025, and 629,956,531 as of November 14, 2025. Subsequent events included additional cashless warrant share issuances and a new $92,400 convertible note with a conversion formula tied to market price.