Every 10-Q that FUSE GROUP HOLDING INC (FUST) 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 FUST 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 FUST filings page.
Fuse Group Holding Inc., a Nevada-based consulting company focused on mining and hospitality, reported continued losses for the nine months ended June 30, 2026. Revenue was $7,683, down from $45,942 a year earlier, with no cost of revenue, so gross profit equaled revenue. Operating expenses fell sharply to $114,939 from $246,176, mainly from lower personnel, rent and utilities, leading to a narrower net loss of $114,749 versus $204,619 in 2025.
Liquidity remains very constrained. Cash was $17,901 and total assets $35,904 at June 30, 2026, against current liabilities of $326,154, producing a working capital deficit of $290,250. An accumulated deficit of $8,347,831, recent net losses and operating cash outflows of $115,787 raised substantial doubt about the company’s ability to continue as a going concern.
The capital structure shifted as $275,000 of 5% convertible notes were converted into 3,928,573 shares, and a government Economic Injury Disaster Loan was fully repaid. Remaining debt includes $70,000 of 3% convertible notes, non‑interest‑bearing loans from individuals, and $121,253 advanced by the CEO. Stockholders’ deficit improved to $290,250. Revenue is highly concentrated in a single customer for 2026. Management also reported material weaknesses in internal control, including the absence of an audit committee, weak IT backup procedures and limited U.S. GAAP staff.
Fuse Group Holding Inc. reports very limited activity for the six months ended March 31, 2026, with revenue of $7,683, all from hospitality consulting, and a net loss of $90,785. The company generated no revenue in the most recent quarter.
Cash was only $11,812 as of March 31, 2026, against a working capital deficit of $236,286 and a stockholders’ deficit of $266,286, on an accumulated deficit of $8,323,867. Management discloses that these recurring losses and negative cash flow raise substantial doubt about the company’s ability to continue as a going concern.
Fuse converted $275,000 of 5% convertible notes into 3,928,573 shares at $0.07 per share, increasing common shares to 17,225,716, and fully repaid its SBA Economic Injury Disaster Loan. It still has $70,000 of 3% convertible notes outstanding and relies heavily on a related-party advance of $121,254 from its CEO for working capital.
Fuse Group Holding Inc. reported another small operating loss and persistent financial strain for the quarter ended December 31, 2025. Revenue from hospitality consulting was $7,683, down from $19,942 a year earlier, as client demand softened. With no cost of revenue, gross profit matched revenue.
General and administrative expenses fell to $38,828 from $66,798, narrowing the net loss to $32,492 versus $50,203 last year. However, the balance sheet remains very weak: total assets were only $29,985 against total liabilities of $512,978, producing a stockholders’ deficit of $482,993 and a working capital deficit of $320,238. Cash was $20,472, and the company disclosed substantial doubt about its ability to continue as a going concern, relying on loans and potential capital raises to fund operations.