Here are the 10-Q quarterly reports from RMX Industries A (RMXI) 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 RMXI 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 RMXI filings page.
RMX Industries, Inc., a physical-edge intelligence technology company, reported minimal commercialization and heavy losses for the quarter and six months ended June 30, 2026. Revenue was $1,440 for both the quarter and year-to-date, down sharply from $12,592 and $38,792 in the prior-year periods, as activity shifted to the inaugural QuantrusX™ deployment, with $26,624 recorded as deferred revenue.
Operating expenses declined, but substantial non-operating charges drove a much larger loss: the company recorded a net loss of $11,049,252 for the quarter and $17,078,045 year-to-date, including a $10,420,483 loss on conversion of notes via warrant exercises and $3,962,244 of debt discount amortization. The accumulated deficit reached $57,916,272.
RMX held $2,161,653 in cash, cash equivalents and restricted cash at June 30, 2026, including $1,913,320 of restricted cash, against $2,945,000 of convertible and promissory notes payable and $638,382 of derivative liability. Management estimates it needs about $4.0 million to fund operations over the next 12 months and discloses substantial doubt about continuing as a going concern. Plans include an NYSE American uplisting that would unlock approximately $5.0 million (restricted cash release plus an institutional deposit) and a contingent $45.0 million credit facility, but these are subject to conditions outside the company’s control. A 1-for-3 reverse stock split became effective July 24, 2026.
RMX Industries, Inc. reported a challenging quarter as it continued pre‑revenue operations while scaling its video compression and data infrastructure platform. For the three months ended March 31, 2026, revenue was $0, down from $26,200 a year earlier, reflecting a focus on development rather than commercialization.
The company posted a net loss of $6,028,795 versus $4,533,644 in the prior-year period, driven largely by non-cash financing costs, including debt discount amortization and losses on warrant conversions. Operating expenses fell to $1,026,936, a 62% decrease, as RMX cut general and administrative, marketing, and professional services spending.
As of March 31, 2026, RMX held $2,022,553 in cash, cash equivalents and restricted cash (including $1,913,320 restricted), against an accumulated deficit of $46,867,022. Management and the auditors highlight substantial doubt about the company’s ability to continue as a going concern, noting it may only have sufficient liquidity for a few months without new capital.
To fund operations, RMX raised $570,000 during the quarter through private placements of 18% promissory note and warrant units and issued equity via warrant exercises and preferred stock. Subsequent events include additional private placements, a resale registration covering 11.86 million Class A shares for existing holders, and an agreement to issue 1.5 million shares for new intellectual property.