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CONNECTM TECH SLTNS 10-Q Filings

CNTM OTC

Every 10-Q that CONNECTM TECH SLTNS (CNTM) 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 CNTM 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 CNTM filings page.

Rhea-AI Summary

ConnectM Technology Solutions, Inc. (CNTM) reported higher continuing-operations revenue but remains dependent on financing and faces going-concern risk. For the six months ended June 30, 2026, revenue from continuing operations was $17.4 million versus $16.1 million in 2025, while net loss from continuing operations narrowed to $7.4 million from $13.8 million.

After divesting its India operations, CNTM recorded a $19.1 million gain on disposal of discontinued operations and income from discontinued operations, net of tax, of $13.5 million, driving net income of $6.1 million versus a prior-year net loss of $11.6 million. The India divestiture produced an equity stake in Blue Cloud Softech Solutions valued at $31.4 million, now classified as investment in equity securities.

At June 30, 2026, CNTM had cash of $2.4 million, a working capital deficit of about $29.8 million, and used $4.6 million of cash in continuing operating activities. Management discloses substantial doubt about the company’s ability to continue as a going concern and is pursuing equity, debt refinancings, and a planned underwritten public offering.

Rhea-AI Summary

ConnectM Technology Solutions, Inc. reported Q3 2025 results showing growth but ongoing financial strain. Revenue for the nine months ended September 30, 2025 rose to $26,206,876 from $16,380,734 a year earlier, while the nine‑month net loss narrowed to $11,376,489 from $14,684,800. For the quarter, revenue reached $8,707,042 and the net loss was $993,042, or $0.02 per share, compared with a $0.47 per share loss in the prior‑year quarter.

Total assets increased to $22,086,422 as acquisitions lifted goodwill and intangibles, and total stockholders’ deficit improved to $11,752,616 from $23,786,507, helped by significant equity issuances. However, current liabilities of $32,218,656 drove a working capital deficit of about $21,093,000, and cash was $2,213,219.

The company disclosed a Nasdaq delisting in May 2025, technical defaults on a SEPA Convertible Note and certain secured promissory notes, and concluded there is substantial doubt about its ability to continue as a going concern. During 2025 it also acquired Air Temp Service Co., Inc. and Solar Energy Systems of Brevard, Inc. for common stock valued at approximately $3,141,000 and increased authorized common shares from 100,000,000 to 250,000,000.

Rhea-AI Summary

ConnectM Technology Solutions, Inc. (CNTM) reported continued financial stress as of June 30, 2025. The company disclosed a working capital deficit of approximately $20,634,015 and recorded a net loss of about $10,383,447 with negative operating cash flow of $4,204,478 for the six months ended June 30, 2025. Management identified material weaknesses in internal control over financial reporting. The company completed a reverse recapitalization that resulted in Legacy ConnectM being treated as the accounting acquirer and became publicly listed after MCAC issued 14,500,000 shares. The company acquired ATS, SESB and CER, which together contributed modest revenues (ATS ~$380,000; CER ~$28,000; SESB nil) from acquisition dates through June 30, 2025. A court-approved 3(a)(10) settlement converted debt to equity, with 13,744,131 shares issued to Last Horizon and a recorded loss on debt extinguishment. The company experienced NASDAQ delisting and triggered events of default, and carries multiple short-term convertible notes and high-interest obligations.