Every 10-Q that GridAI Technologies Corp. (GRDX) 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 GRDX 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 GRDX filings page.
GridAI Technologies Corp. (GRDX) filed an amended quarterly report for the period ended June 30, 2026 to revise and expand its goodwill and critical accounting policy disclosures after SEC staff comments. The amendment clarifies the qualitative description of goodwill from the Grid AI Corp. acquisition, the valuation method for the AI reporting unit, and key assumptions used in impairment testing, but it does not change any previously reported financial statement amounts, including the goodwill impairment charge.
For the six months ended June 30, 2026, GridAI reported revenue of $124,084 and a net loss of $16.5 million, driven largely by a $10.1 million goodwill impairment on the AI reporting unit and high general and administrative expenses. Cash and cash equivalents were about $1.4 million, with a working capital deficit of roughly $11.8 million and an accumulated deficit of about $224.9 million, and management disclosed substantial doubt about the company’s ability to continue as a going concern.
Total assets were $37.0 million, including $14.0 million of goodwill and $20.7 million of finite-lived intangibles related mainly to the Grid AI acquisition, while total liabilities were $18.3 million and stockholders’ equity was $14.9 million. During the first half of 2026 the company raised funding through equity offerings and warrant exercises, increased common shares outstanding to 6,913,198, and continued operating two segments: its legacy gastrointestinal therapeutics business and its newer AI-driven energy optimization platform.
GridAI Technologies Corp. (GRDX) reports very early-stage revenue and large losses for the six months ended June 30, 2026. Revenue was $124,084 with a gross loss of $650,254, while total operating expenses reached $16,071,004, including a $10,070,124 goodwill impairment related to the 2025 Grid AI acquisition.
Loss from continuing operations was $16,478,995, and net loss applicable to common shareholders was $16,307,455, or $(2.81) per share. Total assets declined to $37,035,600 from $48,551,843 at year-end, with $14,048,553 of goodwill and $20,687,863 of finite-lived intangibles (developed technology, customer relationships and trade name).
Liquidity is strained: cash and cash equivalents were approximately $1.4 million, with a working capital deficit of approximately $11.8 million and accumulated deficit of approximately $224.9 million. Net cash used in operations was $3,291,571, partially offset by $4,144,303 provided by financing activities, including equity and warrant-related issuances. Management discloses that these conditions raise substantial doubt about the company’s ability to continue as a going concern and is evaluating strategic alternatives, including potential mergers, sales, wind-down or bankruptcy.
GridAI Technologies Corp. reported a larger quarterly loss and raised doubt about its ability to continue as a going concern. For the three months ended March 31, 2026, the company generated revenue of $38,208 but posted a net loss of $3,438,702, or $0.82 per share attributable to common shareholders.
Cash and cash equivalents were $385,542 against total current liabilities of $16,231,727, and operating activities used $1,786,751 of cash in the quarter. Total assets were $47,965,678, including $24,118,676 of goodwill and $21,262,575 of definite-lived intangibles, while accumulated deficit reached $212,105,618.
Management explicitly states that recurring losses, negative operating cash flows, minimal cash, and reliance on raising new equity or debt create substantial doubt about continuing as a going concern for at least one year. The company is exploring strategic options, including mergers, sales, or even liquidation, but notes there is no assurance any transaction or financing will be completed.