STOCK TITAN

Olenox Industries (OLOX) sees higher Q2 revenue after CS Digital deal

(High)
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

Olenox Industries, Inc. notified regulators that its Quarterly Report on Form 10-Q for the period ended June 30, 2026 will be filed late. The delay is attributed to extra time needed to complete financial statements and other disclosures, which the company states could not be resolved without unreasonable effort or expense.

The company expects to file the report within the five additional calendar days allowed under Rule 12b-25, but notes there is no assurance it will meet that window. Olenox anticipates that results for the quarter will differ significantly from the prior year, with higher total revenues and a reduced net loss, driven mainly by cryptocurrency mining revenue from its May 26, 2026 acquisition of CS Digital Ventures, LLC and various 2026 financing and compensation agreements.

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Period Ended June 30, 2026 Quarterly reporting period covered by the delayed Form 10-Q
Original due date for smaller reporting companies August 14, 2026 Prescribed filing date for the June 30, 2026 Form 10-Q
CS Digital acquisition date May 26, 2026 Date Olenox acquired CS Digital Ventures, LLC
Extension window five calendar days Additional time Olenox anticipates using under Rule 12b-25
Expected revenue trend increase in total revenues Management expectation for Q2 2026 versus prior-year quarter
Expected net loss trend decrease in net loss Management expectation for Q2 2026 versus prior-year quarter
Rule 12b-25 regulatory
"If the subject report could not be filed without unreasonable effort or expense"
Rule 12b-25 is an SEC filing provision that lets a company notify regulators and the public that it cannot file a required periodic report (like a quarterly or annual report) on time and explains the reason for the delay. For investors, the notice is a formal heads-up that financial information will arrive late—similar to a company calling to say it will be late turning in homework—so it signals increased uncertainty and may affect trading and risk assessments until the filing is available.
Quarterly Report on Form 10-Q regulatory
"to file its Quarterly Report on Form 10-Q for the period ended"
A quarterly report on Form 10-Q is a standardized financial filing public companies must submit to U.S. regulators every three months, summarizing recent financial results, cash flows, balance sheet changes, operations and material risks or legal developments. Investors treat it like a company report card that shows up-to-date facts rather than marketing copy, helping them track performance, spot trends, reassess risk and make buy or sell decisions.
cryptocurrency mining revenue financial
"primarily due to cryptocurrency mining revenue resulting from the CS Digital acquisition"
convertible notes financial
"promissory and convertible notes entered into in 2026"
Convertible notes are a type of short-term loan that a company receives from investors, which can later be turned into company shares instead of being paid back in cash. They matter to investors because they offer a way to support a company early on while giving the potential to own a stake in its success if the company grows and later raises more funding.
general and administrative expenses financial
"changes in cost of revenues, general and administrative expenses, payroll-related expenses"
Costs a company pays to run its basic operations that are not directly tied to making a product or delivering a service, such as executive salaries, office rent, utilities, accounting, legal and human resources. Investors care because these steady overhead costs reduce profits and cash flow regardless of sales volume, so changes in them reveal how efficiently management runs the business—like household bills that shrink or grow independently of how much you earn.

FAQ

Why did Olenox Industries (OLOX) delay its Q2 2026 Form 10-Q filing?

Olenox Industries delayed its Q2 2026 Form 10-Q because it needs more time to complete financial statements and disclosures. The company states the work could not be finished by August 14, 2026 without unreasonable effort or expense and is still compiling required information.

When does Olenox Industries (OLOX) expect to file its Q2 2026 report?

Olenox Industries expects to file its Q2 2026 Form 10-Q within the five calendar days permitted under Rule 12b-25. However, the company explicitly notes there is no assurance it will be able to meet that extended deadline while finalizing its financial statements.

How will the CS Digital acquisition affect Olenox Industries (OLOX) Q2 2026 results?

Management anticipates that Q2 2026 results will differ significantly from last year primarily due to the May 26, 2026 acquisition of CS Digital Ventures, LLC. The company expects higher total revenues, mainly from cryptocurrency mining revenue generated by the acquired business.

Does Olenox Industries (OLOX) expect revenue to change in Q2 2026?

Yes. Olenox Industries expects an increase in total revenues for the quarter ended June 30, 2026 versus the prior-year period. The company attributes this primarily to cryptocurrency mining revenue obtained through its CS Digital Ventures, LLC acquisition.

How does Olenox Industries (OLOX) expect net loss to change in Q2 2026?

The company expects a decrease in net loss for the three months ended June 30, 2026 compared with the prior year. This reflects higher revenues and changes in cost of revenues, general and administrative expenses, payroll-related expenses, and interest expense.

What other 2026 actions affect Olenox Industries (OLOX) Q2 2026 results?

Olenox notes that 2026 results are also affected by Board and executive agreements, stock issuance transactions, and promissory and convertible notes. These previously disclosed arrangements contribute to the anticipated significant differences from the prior-year quarter’s operating results.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

    OMB APPROVAL
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB Number: 3235-0058
  Expires: September 30, 2028
  Estimated average burden hours per response ... 2.50

 

  FORM 12b-25 SEC FILE NUMBER
  001-38037
     
  NOTIFICATION OF LATE FILING CUSIP NUMBER
   

 

(Check one): Form 10-K    Form 20-F    Form 11-K    Form 10-Q    Form 10-D    Form N-SAR    Form N-CSR

 

For Period Ended: June 30, 2026

 

  Transition Report on Form 10-K

 

  Transition Report on Form 20-F

 

  Transition Report on Form 11-K

 

  Transition Report on Form 10-Q

 

  Transition Report on Form N-SAR

 

For the Transition Period Ended:

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

PART I — REGISTRANT INFORMATION

 

Olenox Industries, Inc.

 

Full Name of Registrant

 

 

 

Former Name if Applicable

 

1207 N. FM 3083 Rd. E. Bldg. C

 

Address of Principal Executive Office (Street and Number)

 

Conroe, TX 77303

 

City, State and Zip Code

 

 

 

 

PART II — RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

 

(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
   
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
   
(c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III — NARRATIVE

 

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

Olenox Industries, Inc. (the “Registrant”) was unable, without unreasonable effort or expense, to file its Quarterly Report on Form 10-Q for the period ended June 30, 2026 (the “Quarterly Report”) by the August 14, 2026 filing date applicable to smaller reporting companies due to a delay experienced by the Registrant in completing its financial statements and other disclosures in the Quarterly Report. As a result, the Registrant is still in the process of compiling required information to complete the Quarterly Report and requires additional time to complete its review of the financial statements for the period ended June 30, 2026 to be incorporated in the Quarterly Report. The Registrant anticipates that it will file the Quarterly Report no later than the fifth calendar day following the prescribed filing date. There can be no assurance that the Company will be able to file the Quarterly Report on or before the fifth calendar day following the prescribed due date.

 

PART IV — OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification

 

  Michael McLaren   (936)   323-6332
  (Name)   (Area Code)   (Telephone Number)

 

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
   
  Yes    No 
   
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
   
  Yes    No 
   
 

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

We anticipate our financial results for the period ended June 30, 2026 will differ significantly from the same period in the prior year, primarily due to (i) our acquisition of CS Digital Ventures, LLC (“CS Digital”) on May 26, 2026, and (ii) other previously disclosed Board of Director and executive employee agreements, stock issuance transactions, and promissory and convertible notes entered into in 2026. For the three months ended June 30, 2026, we expect an increase in total revenues compared to the prior-year period, primarily due to cryptocurrency mining revenue resulting from the CS Digital acquisition. We also expect a decrease in net loss compared to the prior-year period, primarily due to the increase in revenue. However, the change in net loss also reflects changes in cost of revenues, general and administrative expenses, payroll-related expenses, and interest expense. The exact amounts of these changes to our financial statements for June 30, 2026 compared to June 30, 2025 will not be known until we finalize our financial statements for June 30, 2026.

 

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OLENOX INDUSTRIES, INC.

(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

August 14, 2026 By: /s/ Michael McLaren
  Name:  Michael McLaren
  Title: Chief Executive Officer

 

 

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