Every 10-Q that CONTEXTLOGIC HOLDINGS INC (LOGC) 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 LOGC 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 LOGC filings page.
ContextLogic Holdings Inc. completed the acquisition of US Salt on February 26, 2026, for total consideration of $921.7 million, including $596.5 million in cash and $325.2 million in equity valued at $8.00 per share. Assets acquired included $396.7 million of property, plant and equipment (with $310.0 million of salt reserves) and $388.0 million of intangible assets, generating $148.0 million of goodwill.
At June 30, 2026, the company reported total assets of $968.2 million, total liabilities of $232.7 million, stockholders’ equity of $291.8 million, and noncontrolling interest of $443.7 million. A new term loan of $215.0 million under the Wilmington Trust Credit Facility is outstanding, with no borrowings on the $25.0 million revolver.
For the three months ended June 30, 2026, net sales were $33.6 million and net loss attributable to common stockholders was $6.3 million (basic and diluted loss per share of $0.14). Operating cash flow for the Successor period from February 27 to June 30, 2026 was a use of $19.8 million, driven largely by a $41.9 million deferred tax benefit and working capital movements. The company also recorded a $3.5 million accrual to settle an IPO-related securities class action.
ContextLogic Holdings Inc. completed the transformational US Salt Acquisition and is now reporting as a combined salt-focused business. The company acquired US Salt for $921.7 million, including $596.5 million in cash and $325.2 million in equity at $8.00 per share or unit. This drove total assets to $977.0 million as of March 31 2026, up from $407.8 million at December 31 2025, and added significant goodwill and intangibles.
For the Successor period from February 27 to March 31 2026, ContextLogic generated net sales of $12.1 million and net income of $15.3 million, helped by a large income tax benefit of $41.9 million and offset by $20.7 million of transaction expenses. Operating cash flow was negative $20.4 million, and total net cash outflow for investing, mainly the US Salt Acquisition, was $585.9 million, reducing cash to $12.0 million. The deal was financed with a new $215.0 million term loan, a rights offering, and backstop equity investments, creating a sizable noncontrolling interest of $443.7 million.
ContextLogic Holdings Inc. (LOGC) reported Q3 2025 results reflecting its post‑divestiture structure. Revenue was $0 as the company no longer operates the prior marketplace and logistics business. Operating expenses were $3 million and interest and other income was $2 million, resulting in a net loss of $1 million for the quarter.
As of September 30, 2025, cash and cash equivalents were $102 million and marketable securities were $116 million, all in U.S. Treasury bills, money market funds, and cash deposits. Stockholders’ equity was $141 million, and redeemable non‑controlling interest related to Preferred Units in a subsidiary was $77 million. Shares outstanding were 26,682,233 as of September 30, 2025.
The company completed a holding‑company reorganization on August 7, 2025 and now trades on the OTCQB as “LOGC.” Transfer restrictions at 4.9% ownership thresholds aim to preserve net operating losses, which increased to $2.9 billion following the 2024 tax filing. In March 2025, a subsidiary issued Preferred Units (net proceeds $72 million) that accrue 4% before any acquisition and 8% after, and are convertible into common units under defined terms.