Every 10-Q that GREENWAVE TECHNOLOGY SOLUTIONS INC (GWAV) 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 GWAV 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 GWAV filings page.
Greenwave Technology Solutions, Inc. (GWAV) reported much stronger operating performance for the six months ended June 30, 2026. Revenue rose to $32.3 million from $18.3 million, while gross profit more than doubled to $12.9 million from $5.6 million, driven primarily by scrap metal recycling. Net loss available to common shareholders narrowed to $4.7 million from $12.6 million, and operating cash flow improved to a $0.9 million inflow versus a $2.9 million outflow a year earlier.
Despite these improvements, Greenwave faces significant financial pressure. It ended June 30, 2026 with cash of $0.7 million, a working capital deficit of $23.1 million, total liabilities of $31.6 million, and an accumulated deficit of $525.7 million. Management states that these conditions raise substantial doubt about its ability to continue as a going concern. The company also carries $3.9 million in delinquent payroll tax liabilities and a large related-party property note of $5.4 million. Customer concentration remains high, with a few buyers representing a substantial portion of revenues. Nasdaq previously notified the company of filing delinquencies, but Greenwave has since regained compliance with the listing requirements.
Greenwave Technology Solutions operates scrap metal recycling and hauling businesses in the United States. For the three months ended March 31, 2026, revenue was $16,275,981 versus $7,333,710 a year earlier, with gross profit of $6,814,884 versus $3,486,663. The net loss narrowed to $1,504,544, or $1.81 per share, compared with a loss of $4,665,739, or $17.85 per share, in the prior-year quarter. Operating cash flow turned positive at $1,318,528, compared with an outflow of $4,161,414 a year earlier.
As of March 31, 2026, cash was $1,462,876, current assets were $5,708,003, and current liabilities were $23,675,328, resulting in a working capital deficit of $(17,967,325). Total assets were $53,925,543 and stockholders equity was $24,432,416, with an accumulated deficit of $(522,414,972). Management states that these conditions raise substantial doubt about the company’s ability to continue as a going concern. Obligations include non-convertible notes and a related-party property note of $5,391,859, payroll tax liabilities of $3,946,411, and lease liabilities of $450,823. Revenue is concentrated, with one customer representing about 32% of the quarter’s revenue.
Greenwave Technology Solutions, Inc. reported Q3 2025 results showing higher sales but continuing losses and liquidity pressure. Revenue for the quarter rose to $12.7 million from $8.5 million a year earlier, while nine‑month revenue increased to $31.0 million from $24.9 million, mainly from scrap metal and hauling operations.
Despite this growth, Q3 loss from operations was $4.9 million, with a nine‑month operating loss of $13.5 million and net loss of $14.9 million. At September 30, 2025, cash was $1.45 million with a working capital deficit of $13.7 million and total liabilities of $27.2 million versus assets of $59.9 million. Management states these conditions raise substantial doubt about the company’s ability to continue as a going concern.
The company continues to rely on equity and debt financings, including related‑party notes, equipment financings and prior revenue factoring advances. It also discloses delinquent payroll tax liabilities of $3.95 million and notes ongoing Nasdaq minimum bid price non‑compliance, for which an extension to September 8, 2025 has been granted.
Greenwave Technology Solutions reports higher sales but continued losses for the quarter ended June 30, 2025. Quarterly revenue rose to $10.996 million from $7.882 million, with six‑month revenue increasing to $18.33 million from $16.39 million.
Despite this growth, the company posted a Q2 loss from operations of $4.65 million and a six‑month operating loss of $8.53 million. Net loss available to common stockholders was $4.92 million for the quarter and $12.58 million year‑to‑date. Cash was $5.29 million at June 30, 2025, but Greenwave reported a working capital deficit of $9.53 million and an accumulated deficit of $508.9 million.
Management states these conditions raise substantial doubt about the company’s ability to continue as a going concern. To fund operations, Greenwave issued common stock and warrants for cash, generating over $10 million year‑to‑date and used debt, note settlements, and equipment financing to support capital spending. Revenue remains concentrated, with a few large customers accounting for a significant share of sales.
Greenwave Technology Solutions, Inc. (GWAV) reported first-quarter 2025 results showing lower sales but a smaller loss. Revenue was $7.33 million, down from $8.50 million a year earlier, while gross profit improved to $3.49 million from $3.26 million as cost of revenues declined.
Operating expenses rose to $7.37 million, driven by higher payroll, hauling and equipment maintenance, and depreciation and amortization. Net loss narrowed to $4.67 million from $8.06 million, and net loss available to common shareholders was $7.67 million versus $33.46 million, reflecting smaller deemed dividends tied to warrant and debt repricing.
Cash increased to $5.50 million from $2.58 million, mainly from $9.14 million in common stock and warrant sales, but the company still had a working capital deficit of $7.48 million and an accumulated deficit of $503.98 million. Management states these conditions raise substantial doubt about Greenwave’s ability to continue as a going concern without additional financing.