Every 10-Q that PONY GROUP INC (PNYG) 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 PNYG 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 PNYG filings page.
Pony Group Inc. reported that for the three months ended June 30, 2026, revenue was $31,448, down from $44,558 a year earlier, with gross profit of $3,440 and a sharply lower gross margin of 10.9% due to a catch-up cost accrual. For the six months, revenue was $55,184 versus $74,823 in 2025, with gross profit of $20,719 and a relatively stable gross margin of 37.5%.
The company recorded a net loss of $108,238 for the six months and an accumulated deficit of $1,243,161 as of June 30, 2026. Cash was $9,841 against a working capital deficit of $1,072,982, and stockholders’ deficit was $1,067,389. Total current liabilities of $1,094,994 include $838,644 due to founder and CEO Wenxian Fan, reflecting dependence on related-party financing. Management states that recurring losses and deficits raise substantial doubt about the company’s ability to continue as a going concern. Controls and procedures were deemed ineffective due to multiple material weaknesses in internal control over financial reporting.
Pony Group Inc. reported a net loss of $56,932 for the three months ended March 31, 2026, on revenue of $23,736, down from $30,265 a year earlier as demand for car transportation services softened.
Gross profit was $17,279 with a much higher gross margin of 72.8%, mainly because some revenue from prior periods carried no current-period costs. Operating expenses rose to $74,121, driven by higher accrued consulting service fees.
The company had cash of $8,050, negative working capital of $1,015,944, and an accumulated deficit of $1,191,855 as of March 31, 2026. Management disclosed substantial doubt about its ability to continue as a going concern and highlighted reliance on related-party funding of $828,405. Management also reported multiple material weaknesses in internal control over financial reporting, including lack of an audit committee, limited segregation of duties, and insufficient written accounting policies.
Pony Group Inc. (PNYG) filed its Q3 2025 10‑Q, showing higher sales but continued losses and liquidity pressure. Revenue rose to $29,314 in Q3 from $15,885 a year ago, driven by new customers. For the nine months, revenue reached $104,137 versus $52,038 last year. However, Q3 net loss was $27,260, and year‑to‑date net loss was $115,100.
Profitability remained weak as gross margin contracted; Q3 margin was 31.4% (vs 53.4%), and nine‑month margin was 35.8% (vs 45.3%). Cash stood at $8,407 with negative working capital of $827,771 and an accumulated deficit of $1,003,594 as of September 30, 2025. Payables to the founder totaled $751,535, and financing cash inflows of $111,469 came from shareholders paying expenses. The company recorded deferred revenue of $5,044 and recognized new operating lease assets and liabilities in 2025.
Management disclosed substantial doubt about continuing as a going concern and reported material weaknesses in internal control, including lack of an audit committee and inadequate segregation of duties. Shares outstanding were 11,500,000 as of November 11, 2025.