Every 10-Q that JFB Construction Holdings (JFB) 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 JFB 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 JFB filings page.
JFB Construction Holdings reported sharply higher activity for the six months ended June 30, 2026, with revenue of $21,755,315 versus $9,598,801 a year earlier, driven by larger commercial and real estate development contracts. Commercial projects contributed 53% of revenue, residential 9%, and real estate development 38%.
Despite the growth, the company recorded a net loss of $7,264,069, wider than the prior‑year loss of $2,338,947, as selling and marketing expenses rose to $3,222,719 and general and administrative expenses to $6,629,071 to support expansion, brand awareness and public‑company infrastructure. Gross profit improved to $2,628,131, but was more than offset by higher operating costs.
Liquidity tightened: cash and restricted cash fell to $7,971,305 from $25,208,384, driven by a $30,223,000 prepaid acquisition cost related to the proposed XTEND merger and negative operating cash flow of $1,231,194, partly funded by $14,469,858 of equity issuance and warrant proceeds. The balance sheet remains equity‑heavy, with shareholder’s equity of $47,763,728 and minimal traditional debt, but the large upfront payment to XTEND and ongoing losses increase execution and capital‑raising risk if the merger or growth plans do not proceed as anticipated.
JFB Construction Holdings reported strong top-line growth but a larger loss for the three months ended March 31, 2026. Revenue was $12,683,589, up from $5,913,863 a year earlier, driven mainly by larger real estate development projects across its commercial, residential, and development segments.
Higher project costs and overhead pressured profitability. Gross profit was $1,294,532, while selling and marketing expenses rose to $1,192,410 and general and administrative expenses to $3,368,044, resulting in an operating loss of $3,429,212 and a net loss of $3,257,616.
Cash and restricted cash declined to $6,715,840 from 25,208,384 at year-end, mainly because of a $30,223,000 prepaid acquisition cost related to a planned merger with XTEND. This outlay was partly funded by a $9,015,354 PIPE equity raise and warrant exercises. Working capital was $12,203,450, and operating activities provided $1,652,296 of cash. As of July 16, 2026, common shares outstanding totaled 20,230,403.
JFB Construction Holdings reported sharply higher Q1 2026 revenue but swung to a loss. Revenue rose to $12.7M from $5.9M, driven mainly by larger real estate development and commercial projects, while gross profit edged down to $1.3M on thinner margins.
Operating expenses climbed to $4.7M, with selling and marketing at $1.2M and general and administrative at $3.4M, leading to a net loss of $3.3M versus prior-period income of $30K. Cash from operations was $1.7M, but a $30.2M upfront payment to XTEND under a merger agreement drove a large investing outflow.
The company ended the quarter with $6.7M in cash and restricted cash and positive working capital of about $12.2M, supported by a $9.0M PIPE financing and $1.1M of warrant exercise proceeds. Segment data show a growing contribution from real estate development, alongside ongoing commercial and residential construction activity.
JFB Construction Holdings (JFB) reported a wider quarterly loss and strengthened liquidity. For the quarter ended September 30, 2025, the company posted a net loss of $1,062,712 as operating expenses outweighed gross profit. For the nine months, net loss was $3,401,659. Cash rose to $6,597,799 from $2,696,183 at year-end, supported by financing activities.
Year to date, consolidated sales were $14,582,669 across segments: Commercial Construction $8,330,410, Residential $2,950,585, and Real Estate Development $3,301,674. Gross profit for the nine months was $2,469,088. Operating cash flow was $(2,832,320), offset by $7,805,286 from financing, including IPO net proceeds of $4,667,636 and $3,136,650 from warrant exercises. Shares outstanding were 5,966,700 Class A as of November 14, 2025; 4,000,000 Class B remained issued.
Subsequent event: On October 2, 2025, JFB closed a PIPE for approximately $43,895,000 in gross proceeds and used $12,000,000 to redeem Class B Common Stock. The company issued 4,389,500 shares of Series C Convertible Preferred (stated value $10), convertible into 8,068,933 common shares at $5.44, plus 8,068,933 Common Warrant A at $5.75 and 8,068,933 Common Warrant B at $6.25. JFB also invested $1,000,000 for a 19.5% Class A interest in a 117-room hotel project entity.
JFB Construction Holdings reported consolidated assets of $12.0 million and shareholder equity of $10.1 million as of June 30, 2025. Cash totaled $4.77 million at period end, up from $2.70 million, driven largely by net IPO proceeds of $4,667,636 and warrant exercise proceeds of $552,750 received during the period.
Revenue for the six months ended June 30, 2025 was $9.60 million (up 19% year-over-year), with cost of goods sold of $7.87 million producing gross profit of $1.73 million. The company recorded a net loss of $(2.34) million for the six months and $(2.37) million for the quarter, reflecting a sharp rise in general and administrative expenses to $3.44 million for the six months. The balance sheet shows contract receivables of $3.28 million, contract assets of $1.04 million, a lease liability of $754,064, and 1,149,500 warrants outstanding at a $5.50 exercise price.