Every 10-Q that FG Nexus Inc. (FGNX) 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 FGNX 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 FGNX filings page.
Nexus Inc. is undergoing a major strategic shift away from digital assets toward a real-estate-anchored merchant banking model. For the six months ended June 30, 2026, it generated modest revenue of $0.5 million but reported a consolidated net loss of $56.9 million, driven mainly by discontinued digital asset operations and losses on equity holdings.
The company fully exited its ETH-based digital asset business, selling ETH for $61.0 million and recording a $15.0 million receivable collected in July, lifting cash to $24.9 million while total liabilities fell to $5.2 million. However, stockholders’ equity dropped to $64.1 million from $143.5 million, reflecting a $41.2 million loss on ETH, a $2.8 million impairment on wstETH, and an $11.2 million impairment on its Saltire equity method investment.
Nexus completed the sale of its reinsurance business (recognizing a $1.6 million gain), transferred legacy assets into a CVR trust, and is evaluating a potential business combination with FG Communities to build a larger affordable-housing real estate platform. It also executed substantial capital returns, repurchasing about 1.5 million common shares and 268,000 preferred shares in the first half of 2026, alongside a 1-for-5 reverse stock split effective February 2026.
Nexus Inc. reported a sharp swing to a crypto-driven loss for the quarter ended March 31, 2026. Revenue was modest at $232 thousand, mainly from rental income and merchant banking advisory fees, while results were dominated by its Ether-based treasury strategy.
The company recorded a $38.6 million net loss, including a $40.3 million loss from continuing operations, driven by a $18.7 million realized loss and a $18.0 million unrealized loss on ETH digital assets. Total assets fell to $95.7 million from $163.8 million as ETH fair value dropped from $119.4 million to $43.5 million and some legacy assets moved to discontinued operations.
Nexus continued reshaping its portfolio, closing the sale of its remaining reinsurance business for cash, collateral release and a 40% stake in Devondale Holdings, and focusing on ETH and wrapped staked ETH, liquid staking and ETH option strategies. It also executed aggressive capital returns, repurchasing about 0.6 million common shares for $8.7 million and 212 thousand Series A preferred shares for $5.3 million, while completing a 1-for-5 reverse stock split and exploring a potential business combination with FG Communities to advance its real-world asset tokenization strategy.
FG Nexus Inc. reported Q3 results and detailed a strategic shift to an ETH‑focused treasury. The company held $210.4 million of ETH at fair value (50,778 ETH) as of September 30, 2025, driving a $14.1 million unrealized gain in the quarter. Total revenue was $892 thousand, led by $641 thousand of ETH staking rewards following the August launch of native staking. From continuing operations, the company recorded a $3.1 million net loss in Q3 and a $3.8 million loss attributable to common shareholders.
Liquidity expanded via an August private placement of pre‑funded warrants, delivering gross proceeds of approximately $176.0 million in cash plus $24.0 million in cryptocurrency; 36.5 million pre‑funded warrants had converted by quarter‑end and 38.7 million by November 12, 2025. An ATM program sold about 2.0 million shares for $14.6 million through September 30 before being suspended in October. Legacy assets with a book value of about $48.9 million were transferred to a CVR Trust, which made an initial $10 per CVR cash distribution (~$13.3 million in total). Common shares outstanding were 39,574,350 as of November 12, 2025.