Here are the 10-Q quarterly reports from Fyntechnical Innovations (FYNN) in our archive since June 2025, 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 FYNN 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 FYNN filings page.
Fyntechnical Innovations Inc. reported unaudited Q3 2025 results showing a sharp accounting turnaround driven by debt-related gains rather than core operations. For the nine months ended September 30, 2025, the company recorded net income of $6.33 million, compared with a net loss of $8.77 million a year earlier, largely due to an $8.45 million gain on extinguishment of debt and fair value changes on derivatives. Revenue remains very small at $77,302 for the nine-month period, all tied to management fees from newly acquired Bateau Asset Management.
Total assets were $191,105 at September 30, 2025, versus liabilities of $4.33 million, leaving a stockholders’ deficit of $4.14 million, improved from a deficit of $11.00 million at December 31, 2024 after large debt conversions to equity and the cancellation of an $8.0 million ChainTrade note. Common shares outstanding rose to 2,236,022,389 from 1,352,951,483, and there are billions of additional potentially dilutive shares from preferred stock and convertible debt. The company discloses substantial doubt about its ability to continue as a going concern, noting recurring losses, an accumulated deficit of $19.89 million, minimal cash of $15,576, and ongoing reliance on external financing.
Fyntechnical Innovations Inc. (FYNN) reports several material acquisitions and financing arrangements that reshape equity and liabilities. The company closed the Bateau acquisition on January 9, 2025, issuing 14,000,000 Series C Preferred shares and two convertible promissory notes of $1,000,000 each that bear 5% interest and convert at $1.00 per common share. The company purchased ChainTrade's AI trading platform for an $8,000,000 convertible promissory note (18 months, 5% interest) convertible at $1.00 per share and committed $500,000 total working capital, with $30,000 paid in the first tranche.
The filing discloses extensive convertible securities and preferred series: Series B (2,500,000 shares, $10 stated), Series C (14,000,000 shares, stated $1, fair value noted as $26,600), Series D with conversion terms and an agreed conversion floor of $0.015 per share. Management recorded notes at a low stated fair value and recognized a $1,996,200 debt discount related to Bateau notes, with $772,012 amortized to interest expense through June 30, 2025. Potentially dilutive convertible instruments total 1,148,961,183 shares, although dilution effects may be anti-dilutive given reported losses.