Every 10-Q that TARGET GROUP INC (CBDY) 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 CBDY 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 CBDY filings page.
Target Group Inc., a Canadian-focused cannabis producer, reported continued losses and a weak balance sheet for the quarter and six months ended June 30, 2026. Revenue was $1,380,838 for the quarter, up from $1,245,724 a year earlier, but six‑month revenue declined to $2,260,280 from $2,646,163. The company posted a six‑month net loss of $790,168 and a comprehensive loss of $592,485.
Total assets were $5,678,281 against total liabilities of $14,333,714, leaving a stockholders’ deficit of $8,655,433. Working capital was negative $11,232,219, and payables to related parties totaled $10,229,180. A major related‑party loan of $7,334,333 is in default and classified as current, and high‑interest shareholder loans carry rates up to 43.26%. Management states that recurring losses, the large deficit, and liquidity shortfalls raise substantial doubt about the company’s ability to continue as a going concern and indicates a need for additional financing or reduced operations. Disclosure controls and procedures were deemed not effective.
Target Group Inc. reported weaker results for the three months ended March 31, 2026. Revenue was $879,442, down from $1,400,439 a year earlier, and gross profit dropped to $191,787. Operating expenses were $501,674, while interest and bank charges of $288,249 drove total other expense to $240,469. Net loss widened to $550,356 versus $108,213 in 2025, and comprehensive loss was $480,825.
The balance sheet shows assets of $6,075,915 against total liabilities of $14,619,688, leaving stockholders’ deficiency of $8,543,773. Working capital deficit was $11,342,944, with accumulated deficit of $32,856,882. Management disclosed that these conditions raise “substantial doubt” about the company’s ability to continue as a going concern and highlighted dependence on additional financing and improved cash flow from operations.
Target Group Inc. (CBDY) filed its Q3 2025 10‑Q, reporting softer sales and continued losses amid liquidity pressure. Q3 revenue was $499,650 versus $541,113 a year ago, with a net loss of $479,392 versus $528,950. For the nine months, revenue was $3,145,813 versus $4,736,055, and net loss was $807,375 versus $55,454.
The balance sheet shows cash of $337,488 and total assets of $6,197,102 against total liabilities of $13,630,641, resulting in a stockholders’ deficiency of $7,433,539. Current liabilities include $10,198,072 payable to related parties and $104,100 in deferred revenue.
Management disclosed “substantial doubt” about the company’s ability to continue as a going concern, citing a working capital deficit of $10,558,219 and an accumulated deficit of $31,754,219. Interest and bank charges were $781,452 year‑to‑date, reflecting a heavy financing burden. As of November 7, 2025, 617,025,999 common shares were outstanding.