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Hi-Great Group Holding Company reports unaudited results for the quarter ended March 31, 2026. The development-stage company generated sales of $13,255, up from $8,883 a year earlier, and reduced its net loss to $7,830 from $18,938 as gross profit improved.
Total assets were $22,105, almost entirely cash and inventory, against total liabilities of $277,871, leaving a stockholders’ deficit of $255,766 and an accumulated deficit of $987,832. Operations provided $4,570 of cash in the quarter, but the company’s auditor highlights substantial doubt about its ability to continue as a going concern because it has not yet established revenue sufficient to cover operating costs and remains dependent on external financing.
The business focuses on agritourism, herbal supplements, and an exclusive global licensing effort related to the KRAS gene, with significant ongoing royalty and lease arrangements involving related parties.
Hi-Great Group Holding Company operates a small nutritional supplements business and is developing an agritourism "Family Weekend Farm" concept near Los Angeles. In 2025 it generated revenue of $36,958, down from $69,210 in 2024, and recorded a net loss of $87,208.
The company ended 2025 with only $521 in cash, total assets of $21,494, liabilities of $269,431, and a stockholders’ deficit of $247,937, with an accumulated deficit of $980,002. Its auditor and management highlight substantial doubt about its ability to continue as a going concern, and internal controls over financial reporting are deemed ineffective. The business also relies heavily on related parties for product supply, royalties, and a land lease for its planned weekend farming resort.
HI-GREAT Group Holding Company filed a Form 12b-25 notifying the SEC that its Quarterly Report for the period ended September 30, 2025 could not be filed on time because the issuer requires additional time for its auditors to complete the review. The company signed the notification on April 10, 2026.
Hi-Great Group Holding Company reported financial results for the period ended September 30, 2025, reflecting development-stage operations with modest revenue and ongoing losses. For the nine months, sales were $34,518 compared with $55,700 a year earlier, producing gross profit of $13,854. Operating expenses of $58,559 led to a net loss of $44,268, close to the prior-year loss of $43,006.
At September 30, 2025, cash totaled $7,986 and total assets were $72,286. Liabilities were $277,282, including $171,037 of accrued licensing royalties owed to a related party, resulting in stockholders’ deficit of $204,996 and an accumulated deficit of $937,062. Management notes a going concern uncertainty, stating the company has not yet generated revenues sufficient to cover operating costs and remains dependent on external financing.
The company remains a development-stage business involved in agritourism and selling SellaCare-branded herbal supplements under a worldwide related-party license, while pursuing an exclusive global licensing agreement related to the KRAS gene and planning expansion into cosmetics. Shares outstanding were 102,500,000 as of September 30, 2025, after equity grants to an officer and a service provider. Management concluded disclosure controls and procedures were not effective, though it reported no material changes in internal control during the quarter.
HI-GREAT GROUP HOLDING COMPANY filed a late-filing notice stating it will not submit its Form 10-Q for the period ended September 30, 2025 by the normal deadline. The company explains that its auditors need additional time to complete their review of the quarterly report and related financial disclosures.
The company indicates it intends to file the quarterly report as soon as practicable after the financial statements and disclosures review is completed, consistent with the extension framework provided under Rule 12b-25.