Every 10-Q that PMGC Holdings Inc. (ELAB) 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 ELAB 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 ELAB filings page.
PMGC Holdings Inc. reported $1.99 million in revenue for the six months ended June 30, 2026, up from none a year earlier, driven by newly acquired subsidiaries Pacific Sun Packaging, AGA Precision Systems, SVM Machining and A&B Aerospace. Gross profit was $616,165, a 30.98% gross margin.
The company recorded a larger net loss of $7.91 million from continuing operations versus $2.16 million in 2025, as operating expenses rose to $7.78 million, including higher consulting, office and administration, and professional fees. Management states that recurring losses, an accumulated deficit of $28.93 million, and operating cash outflows of $4.97 million raise substantial doubt about its ability to continue as a going concern.
Liquidity improved through financings: cash increased to $18.14 million, supported by $23.87 million of financing inflows, primarily two equity line of credit arrangements accounted for as $9.08 million of convertible debt plus $743,942 of embedded derivative liabilities. Total assets were $36.56 million and total liabilities $19.83 million, with working capital of $5.50 million. PMGC also completed the SVM and A&B Aerospace acquisitions and formed NorthStrive Defense Tech and a SPAC sponsor/vehicle to pursue future transactions.
PMGC Holdings Inc. reports first-quarter 2026 results showing an early revenue base alongside heavy losses and dependence on external financing. Revenue from newly acquired subsidiaries reached $681,994, mainly from IT packaging and precision machining, producing gross profit of $230,474 and a gross margin of about one-third.
The company posted a net loss of $4,967,259 from continuing operations and has an accumulated deficit of $25,984,699. Management explicitly states that recurring losses, negative operating cash flow and reliance on financing raise substantial doubt about its ability to continue as a going concern, though the financial statements assume it will.
Liquidity improved in the quarter due to aggressive use of an equity line of credit. Cash rose to $14,354,374 as PMGC drew $14,093,737 of pre-paid equity financing and issued over 1.8 million shares to settle related convertible obligations. At March 31, 2026, working capital was $5,088,853, total assets were $26,033,318, and total liabilities were $13,426,865. The company also closed the acquisition of SVM Machining for total consideration of about $3.0 million and continues to build a multi-subsidiary platform in aerospace, defense and packaging while managing significant convertible debt and derivative warrant liabilities.
PMGC Holdings (ELAB) filed its Q3 2025 10‑Q, reflecting a transition to a diversified holding model after selling its skincare business on January 16, 2025. Continuing operations generated $285,948 revenue with $78,030 gross profit, driven by IT packaging and precision machining following the acquisitions of Pacific Sun Packaging and AGA Precision Systems in July.
Operating expenses reached $4,492,173, and net loss from continuing operations was $4,776,319; total net loss was $4,765,130. The company ended the period with $7,700,562 cash, supported by financing cash inflows of $10,116,739. Balance sheet totals were $14,938,018 assets, $6,447,363 liabilities, and $8,490,655 equity.
PMGC closed the first pre‑paid purchase under a $20,000,000 ELOC on September 26, 2025, issuing $5,000,000 principal of 8.5% convertible debt (initial net cash proceeds ~$3,990,000) with an embedded derivative valued at $681,818. Management disclosed substantial doubt about the company’s ability to continue as a going concern, citing ongoing losses and reliance on external financing.
PMGC Holdings Inc. reported total assets of $9.38M and cash of $5.68M at June 30, 2025, up from $3.98M at year-end 2024. Equity increased to $9.05M from $6.66M, largely reflecting equity financings during the period and retrospective reverse stock splits reducing share counts. For the six months ended June 30, 2025 the Company recorded a net loss of $2.17M and used $2.69M of cash in operating activities, compared with a $2.81M loss and $3.10M cash used in the prior year period.
The company sold its skincare business (closed January 16, 2025) for consideration including $728,550 in buyer shares and recognized a $39,676 loss on the sale; it also recorded a $129,613 gain on termination of a license agreement. Investments at June 30, 2025 totaled $624,838 (realized loss on sales $371,494; unrealized gain $238,899). Management discloses substantial doubt about going concern and plans to raise financing or acquire cash-generating assets; subsequent to quarter end it completed acquisitions of Pacific Sun Packaging (consideration $1,148,000 plus earnout) and AGA Precision Systems ($650,000).