Every 10-Q that Splash Beverage Group Inc (SBEV) 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 SBEV 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 SBEV filings page.
Splash Beverage Group, Inc. (SBEV), which is changing its name to Endovia Health Sciences, reported very limited operating activity for the quarter and six months ended June 30, 2026 as it transitions from legacy beverage brands to a cannabinoid health and wellness platform. Net revenues from continuing operations were essentially zero for 2026 compared with modest revenues in 2025, while the net loss from continuing operations narrowed to roughly $4.1 million for the first half of 2026 from $11.6 million a year earlier, helped by lower non‑cash debt discount amortization.
Total assets were only $1.1 million against total liabilities of $16.8 million, resulting in a stockholders’ deficit of about $15.7 million and a significant working capital deficit. Management disclosed that these conditions raise substantial doubt about the company’s ability to continue as a going concern. To address liquidity, SBEV raised about $2.9 million in the first half of 2026 via an equity line of credit and converted debt into preferred and common stock, but carried $6.0 million of notes payable and $3.1 million of accrued interest at mid‑year. NYSE American has accepted the company’s compliance plan, giving it until January 29, 2027 to restore listing compliance, while subsequent‑event disclosures describe a CannEpil® cannabinoid license and a favorable proposed settlement sharply reducing a large revenue‑loan obligation.
Splash Beverage Group, Inc. reports Q1 2026 results showing a very small beverage business and significant financial strain. Net revenue was about $4,224, all from Chispo tequila sales to Senor Frog, while the company posted a net loss of $2,136,469, or $0.47 per share. Interest expense of $889,455 and an impairment of its $250,000 Salt Tequila investment weighed on results. Cash was $381,195 against current liabilities of $16,972,378, producing a stockholders’ deficit of $16,203,282 as of March 31, 2026. Management is shifting focus from beverages to regulated wellness and cannabinoid markets and signed a non-binding letter of intent to acquire Medterra CBD, LLC at a stated enterprise value of $37.6 million, contingent on raising about $10 million to repay Medterra debt and satisfy taxes. The company has been notified by NYSE American that it does not meet the $6 million minimum shareholders’ equity requirement and must submit a compliance plan, with delisting risk if it cannot close a qualifying transaction or improve equity.
Splash Beverage Group, Inc. reported a very challenging Q3 2025. Net revenues fell to $0 for the quarter, compared with $981,858 a year earlier, as the company temporarily suspended operations in February 2025 due to lack of capital. For the nine months ended September 30, 2025, revenue was $438,272 versus $3,569,320 in the prior-year period, while the net loss widened to $22,029,577.
The company booked heavy non-cash share-based compensation of $7,751,596 in Q3 and $7,946,217 year-to-date, contributing to a basic and diluted loss per share of $4.51 for the quarter. Cash used in operations was $3,828,797 over nine months, leaving cash and cash equivalents at $265,667.
Splash executed a 1-for-40 reverse stock split to maintain its NYSE American listing and completed major balance sheet moves. It acquired Costa Rican water rights recorded at $20,000,000 using new Series C preferred stock, and exchanged about $12.67 million of promissory notes and interest into Series B 12% cumulative convertible preferred stock, turning stockholders’ equity from a deficit of $18,634,849 at year-end 2024 to positive $6,777,552. Management plans to restart operations around Chispo tequila, water sales and a relaunch of its Qplash platform, but discloses substantial doubt about the company’s ability to continue as a going concern without significant new capital, including approximately $4,000,000 to fulfill a UAE water order and at least $20,000,000 to fully develop the water business.