Every 10-Q that Digital Brands Group Inc (DBGI) 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 DBGI 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 DBGI filings page.
Digital Brands Group, Inc. (DBGI) reported sharply weaker results for the quarter ended June 30, 2026. Net revenues were $1,208,170, down from $2,251,379 a year earlier, and the company incurred a net loss of $8,983,422 versus $2,117,862.
For the first six months of 2026, net revenues were $2,524,154 with a net loss of $20,375,455, compared with $4,123,080 and a loss of $4,207,772 in 2025. Operating cash outflow was $10,302,957, cash was $1,386,167, and DBGI reported a working capital deficit of $12,851,221 and total debt of $17,326,879.
Substantial doubt exists about DBGI’s ability to continue as a going concern due to recurring losses, negative cash flows, past-due debt (including a $3,500,000 Bailey note in technical default and a matured PPP loan), and monthly obligations under an $11,249,786 RallyTown secured payment note. The company is relying on equity-based financing, including an at-the-market facility of up to $100.0 million and a $100.0 million equity line of credit, plus a $3.0 million convertible note, alongside extensive collegiate marketing agreements that have created $24,912,027 of prepaid marketing assets and $6,022,252 of liability-classified share-based payment obligations.
Digital Brands Group, Inc. reported first-quarter 2026 results showing continued operating challenges. Net revenues were $1.32 million versus $1.87 million a year earlier, while net loss widened to $11.39 million from $2.09 million, driven by heavy marketing spend and a large fair value loss on share-based payment liabilities.
At March 31, 2026, the company held $5.12 million in cash and cash equivalents, but had a working capital deficit of $7.50 million and total liabilities of $43.74 million. A $3.5 million promissory note to the Bailey 44 sellers matured in December 2025 and remains unpaid, placing it in technical default.
The balance sheet also reflects $23.55 million of prepaid marketing assets tied to multi-year collegiate and sponsorship deals and a $12.46 million liability-classified share-based payment obligation related to make-whole provisions. To bolster liquidity, management executed a $100.0 million at-the-market equity facility in April 2026 and plans to rely on equity financings, warrant exercises, and operational improvements to fund at least the next twelve months, though it acknowledges material uncertainty if additional capital cannot be raised.
Digital Brands Group (DBGI) filed its Q3 2025 10-Q, showing lower sales but a stronger balance sheet after recent financings. Net revenues were $1,653,776 for the quarter and $5,776,856 for the nine months, down from $2,440,801 and $9,413,457 a year ago. Gross profit was $706,609 in Q3 and $2,290,616 year‑to‑date. The company reported a net loss of $3,451,950 in Q3 and $7,659,722 for the nine months, similar to last year’s losses.
Cash and cash equivalents rose to $6,701,820, with $5,705,179 in restricted cash, lifting total assets to $41,194,919. Stockholders’ equity turned positive at $15,988,868, compared with a $(1,328,541) deficit at year‑end 2024. Management cites February 2025 gross proceeds of $7,500,000 from a unit offering and August–September 2025 gross proceeds of $17,755,000 from Series D preferred stock and warrant exercises as key liquidity drivers. Operating cash outflow was $11,153,543, while financing inflows totaled $23,396,112.
The company implemented a one‑for‑50 reverse split effective December 11, 2024. Shares outstanding were 5,726,930 as of September 30, 2025; as of November 14, 2025, they were 6,326,930. Management states that, with current cash and recent actions, substantial doubt about continuing as a going concern has been alleviated.