Here are the 10-Q quarterly reports from NetBrands Corp (NBND) in our archive since June 2025, 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 NBND 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 NBND filings page.
NetBrands Corp. reported a much larger net loss as it pivots into cryptocurrency mining. For the three months ended March 31, 2026, the company generated $13,816 in mining revenue but recorded a net loss of $677,294, driven by higher operating expenses and financing-related charges.
Total assets were only $91,180 against $2,962,860 of liabilities, resulting in a stockholders’ deficit of $2,871,680. The company disclosed negative working capital of $2,457,347 and an accumulated deficit of $33,610,197, and stated that these conditions raise substantial doubt about its ability to continue as a going concern.
NetBrands is now focused on bitcoin mining through its DigiHash subsidiary, operating ten Bitmain S21+ miners and planning a 5 MW facility in Iowa. The balance sheet reflects heavy use of high-cost debt, government EIDL loans of $493,710, convertible notes of $547,112, a new derivative liability of $365,427, and an Equity Line of Credit with Trillium. During the quarter it issued 128,320,285 common shares on note conversions, and subsequent to quarter-end issued another 101,759,582 shares on conversions, significantly diluting existing holders. As of May 11, 2026, common shares outstanding had risen to 361,392,060.
NetBrands Corp. (NBND) filed its Q3 2025 10‑Q, reflecting an early crypto mining pivot with limited revenue and rising losses. The company recorded a net loss of $1,207,179 on mining revenue of $7,110, driven by higher operating costs and interest expense. Cash was $8,140 and total liabilities were $2,811,591, resulting in a stockholders’ deficit of $(2,759,571).
Management disclosed substantial doubt about continuing as a going concern due to negative working capital of $(2,308,483) and an accumulated deficit of $(32,570,809). Most company debt is in default other than government loans. Shares outstanding were 85,422,281 as of September 30, 2025, and 101,500,901 as of November 3, 2025.
During the quarter, the company created Series B Preferred (1,000:1 conversion feature) and issued 1,167 shares to a consultant; post‑quarter, it settled $460,833 of accrued salary to the CEO via 122,899 Series B shares and entered an ELOC of up to $10,000,000 with Trillium, subject to conditions.