Here are the 10-Q quarterly reports from Circle8 Group, Inc. (CIRC) in our archive since June 2025, 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 CIRC 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 CIRC filings page.
CIRCLE8 GROUP INC (CIRC) reports a much larger business following the Lyneer merger and the January 2026 acquisition of Circle8 Group B.V., with total assets of $965.6 million at June 30 2026 versus $113.2 million at December 31 2025, driven by $438.9 million of goodwill and $186.0 million of intangibles from the Circle8 Acquisition.
Service revenue surged to $319.8 million in Q2 2026 from $102.9 million a year earlier (six‑month revenue $569.7 million vs $205.7 million), mainly from staffing operations in the U.S. and Europe. However, the company recorded a Q2 net loss of $86.4 million and a six‑month net loss of $117.1 million, including a $60.4 million loss on settlement and other fair‑value and financing charges.
Total liabilities rose to $987.6 million, including a $162.0 million related‑party convertible note, $202.1 million of factoring debt, and substantial notes payable, leaving stockholders with a deficit of $25.5 million. Management discloses that conditions such as recurring losses, leverage and covenant considerations raise substantial doubt about the company’s ability to continue as a going concern, though cash and equivalents increased to $19.3 million and the company is pursuing additional financing and integration synergies.
Atlantic International Corp reported strong top-line growth but a wider loss for the quarter ended March 31, 2026. Service revenue reached $249,886,893, up from $102,808,807 a year earlier, driven largely by the consolidation of the newly acquired Circle8 European IT staffing business.
The company posted a net loss of $30,746,125 attributable to Atlantic versus $10,744,185 in the prior-year quarter, with higher selling, general and administrative costs and interest expense. Operating cash flow was negative $9,886,791, although period-end cash and cash equivalents increased to $24,099,529 helped by acquisition-related financing.
Total assets rose to $981,048,790, including $448,745,779 of goodwill and $191,833,745 of intangible assets, mainly from the Circle8 acquisition, while total liabilities climbed to $926,307,181. Management disclosed that, considering debt levels, covenant factors and liquidity forecasts, it has concluded there is substantial doubt about the company’s ability to continue as a going concern for at least one year from the financial statement issuance date.