Here are the 10-Q quarterly reports from OFA Group (OFAL) 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 OFAL 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 OFAL filings page.
OFA Group, a Cayman holding company for Hong Kong-based design and emerging real-estate/AI tokenization services, reported a net loss of $1.90 million on revenue of $14,879 for the quarter ended June 30, 2026. Losses were driven primarily by $924,586 of depreciation and amortization, including $881,609 of amortization on the recently acquired QikBIM AI software and Hearth blockchain platform, against a very small revenue base.
Total assets were $19.8 million, dominated by $15.2 million of intangible assets, while cash was $178,057 plus $1.68 million of restricted cash. The company disclosed an accumulated deficit of $11.1 million and a net working capital deficit of $4.58 million, and stated that these conditions raise substantial doubt about its ability to continue as a going concern. Management believes this doubt is alleviated by expected proceeds from real world asset tokenization agreements, additional committed equity under its PIPE facility, cost controls, and ongoing service revenue.
During the quarter OFA entered a $7.5 million Real World Asset Tokenization Service Agreement for the Vero 60 project and received a first $3.75 million installment in PPDF tokens, recorded as a contract liability with nil carrying value due to lack of reliable pricing. The company also expanded in Japan via two new subsidiaries, transitioned from foreign private issuer to U.S. domestic filer status, and completed a one-for-ten share consolidation of its Class A Ordinary Shares effective July 31, 2026.