Every 10-Q that SHARING ECONOMY INTL INC (SEII) 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 SEII 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 SEII filings page.
Sharing Economy International Inc. (SEII) reported no revenue and a small net loss while facing severe liquidity and going‑concern risks for the quarter ended June 30, 2026. Revenue was zero for both the three‑ and six‑month periods in 2026 and 2025. Selling, general and administrative expenses rose to $166,419 for the first half of 2026, driving a six‑month net loss of $179,777. Basic and diluted loss per share rounded to $0.00 on 1,249,709,717 weighted‑average common shares.
Cash and cash equivalents fell to $3,583, with net cash used in operations of $235,145 and total current liabilities of $2,791,379, including a convertible note payable. Although total assets were $16,691,051, they were dominated by $16,682,117 of other receivables. Management states that existing capital resources are not adequate for 12 months and explicitly concludes there is substantial doubt about the company’s ability to continue as a going concern.
The company remains highly dependent on external financing, with multiple convertible promissory notes outstanding, including a $1,010,275 Pyram note in default and a $400,000 Light Across note. SEII also discloses that the SEC’s Division of Enforcement is seeking revocation of its registration in an administrative proceeding. After quarter‑end, SEII agreed to acquire Light Across, Inc. via a share exchange issuing 4,998,838,436 new common shares, which would significantly increase the share count.
Sharing Economy International Inc. reported no revenue and a net loss of $97,330 for the three months ended March 31, 2026, compared with a $5,224 loss a year earlier. Operating expenses rose sharply to $89,955, driven by higher selling, general and administrative costs.
The company ended the quarter with cash of $111,273 and working capital of $13,962,119, largely reflecting $18,046,943 due from related parties. Management states its capital resources are not adequate for the next twelve months and discloses substantial doubt about its ability to continue as a going concern.
SEII also carries several convertible promissory notes, including a defaulted Pyram note with an outstanding balance of $1,008,565 and a Light Across note with principal of $400,000. Internal controls over financial reporting remain ineffective, with material weaknesses in segregation of duties, U.S. GAAP expertise, and written accounting policies.
Sharing Economy International Inc. reports a small net loss with no operating revenue and ongoing financial strain for the quarter and nine months ended September 30, 2025. The company generated no revenue, while operating expenses were modest at $4,850 for the quarter and $15,042 year-to-date.
Net loss was $4,851 for the quarter and $15,048 for the nine months, both effectively $0.00 per share. Cash and cash equivalents were only $5,062, but working capital remained high at about $14.1 million, largely driven by a sizeable $18.0 million balance due from a related party.
Management highlights a going concern uncertainty, stating existing capital resources are not adequate to support operations for twelve months and that additional debt or equity financing may be needed. The company is also in default on a Pyram convertible note with an outstanding balance of $1,010,275, and carries accrued but unsettled interest of $651,530 on the Iliad note. Internal control over financial reporting is deemed not effective due to material weaknesses in segregation of duties, U.S. GAAP expertise, and written procedures.
Sharing Economy International Inc. (SEII) reported another quarter with no revenue and a small loss, while auditors highlight going concern risks. For the three months ended June 30, 2025, the company recorded a net loss of $4,973, improving from a $12,183 loss a year earlier. For the first half of 2025, the net loss was $10,197 versus $54,267 in 2024, mainly due to sharply lower selling, general and administrative expenses.
Total assets were $18.0 million, almost entirely a $18.0 million amount due from a related party, while cash was only $1,873. Current liabilities were $4.0 million, including $1.0 million outstanding under a defaulted Pyram convertible note and $1.5 million owed to a major shareholder’s company. Management states there is “substantial doubt” about the company’s ability to continue as a going concern and notes internal control over financial reporting remains ineffective with multiple material weaknesses.
Sharing Economy International Inc. reported a very small net loss of $5,224 for the three months ended March 31, 2025, with no revenues from its sharing economy business. Operating expenses fell sharply to $5,224 from $48,071 a year earlier, reflecting significantly reduced activity.
Total assets were $18,062,229, largely driven by amounts due from related parties of $18,047,582. Cash was only $3,652, while current liabilities totaled $3,982,705, including convertible notes and amounts due to a related party. The company disclosed an accumulated deficit of $55,515,982 and stated that existing capital resources are not adequate for the next twelve months, leading management to conclude there is substantial doubt about its ability to continue as a going concern.
Management also reported that internal control over financial reporting remains ineffective due to material weaknesses, including lack of segregation of duties, limited US GAAP expertise, and insufficient written policies. Certain historical convertible notes remain outstanding or in default, and operations continue to depend on funding and advances from related parties.
Sharing Economy International Inc. (SEII) reported another quarter with no revenue and a small net loss of $17,973 for the three months and $72,240 for the nine months ended September 30, 2024. Operating expenses fell sharply to $59,610 for the nine-month period from $612,012 a year earlier, reflecting significant cost-cutting.
Total assets were $18.1M, largely made up of $18.0M due from related parties. Cash was only $4,087, and the company carried current liabilities of $4.0M, including a defaulted Pyram convertible note with an outstanding balance of $1,010,275 plus accrued interest on older notes.
Management states there is substantial doubt about SEII’s ability to continue as a going concern, citing ongoing losses, a large accumulated deficit of $55,497,470, minimal cash, and dependence on related-party funding and future financings. Internal controls over financial reporting are described as ineffective due to limited accounting staff, lack of US GAAP expertise, and insufficient written policies.
Sharing Economy International Inc. reported no revenue for the three and six months ended June 30, 2024, continuing a period with no active operating income. Operating expenses fell sharply, with a net loss of only $12,183 for the quarter and $54,267 for the six months.
Total assets were $18,050,068, almost entirely driven by amounts due from a related company, while cash was just $1,671. Liabilities totaled $3,956,512, including a defaulted Pyram convertible note and other debt. Management disclosed substantial doubt about the company’s ability to continue as a going concern and noted ongoing material weaknesses in internal controls over financial reporting.
Sharing Economy International Inc. reports first-quarter 2024 results showing no revenue and a small net loss of $42,084, compared with net income of $26.2M a year earlier that was driven by a one-time gain on subsidiary disposals. Operating expenses rose to $48,071, reflecting higher selling, general and administrative costs while the core sharing-economy business generated no sales.
Total assets were $18.0M, including a large related-party receivable of $18.0M, against total liabilities of $4.0M, for stockholders’ equity of $14.1M. Cash remained very limited at $4,008, and the company relied on a related-party advance of $49,279 to fund operations.
Management discloses substantial doubt about the company’s ability to continue as a going concern because of recurring losses, a significant accumulated deficit of $55.5M, very low cash, and dependence on new debt or equity financing. The company is in default on a Pyram convertible note with an outstanding balance of $1,010,275, and certain Iliad and 1800 Diagonal Lending convertible notes remain unresolved. Management also reports material weaknesses in internal control over financial reporting, including lack of segregation of duties, limited U.S. GAAP expertise, and insufficient written policies.
Sharing Economy International Inc. reported a sharp swing to profit for the nine months ended September 30, 2023, driven by a one-time gain. The company booked net income of $25.6 million, mainly from a $26.2 million gain on disposal of subsidiaries, while its core business generated no revenue and an operating loss of $0.6 million.
Total assets rose to $18.0 million and working capital improved to about $14.2 million, turning prior negative equity positive. However, cash was only $1,666 and accumulated deficits were $55.4 million. Management disclosed substantial doubt about the company’s ability to continue as a going concern, citing ongoing losses from operations and dependence on external financing.
Sharing Economy International Inc. reported no revenue for the three and six months ended June 30, 2023, reflecting that its sharing economy business is not yet generating sales. Operating expenses fell sharply to $562,442 for the quarter and $598,207 for the first half, down more than half from the prior-year periods.
A $26.2 million gain on disposal of subsidiaries drove net income of $25.6 million, or $0.04 per basic share, for the six months, compared with a net loss a year earlier. This restructuring eliminated significant discontinued-operation liabilities and moved stockholders’ equity from a deficit to a positive $14.2 million as of June 30, 2023.
Despite the improved balance sheet, the company had only $1,823 of cash, an accumulated deficit of $55.4 million, and negative operating cash flow. Management states that existing capital resources are not adequate for the next twelve months and that there is substantial doubt about the company’s ability to continue as a going concern without new debt or equity financing.
Sharing Economy International Inc. reported net income of $26,205,776 for the three months ended March 31, 2023, driven almost entirely by a $26,222,555 gain on disposal of subsidiaries classified as discontinued operations. The company generated no revenues and recorded an operating loss of $35,765, reflecting limited ongoing activity.
Total assets rose to $18,001,588, largely due to a new related-party receivable of $17,983,635, while cash and cash equivalents were only $6,965. Working capital turned positive at $14,123,008, helped by removing liabilities tied to discontinued operations.
Convertible note payable was $1,031,775 and the company is in default on Pyram notes totaling $1,010,275. Management disclosed substantial doubt about the ability to continue as a going concern, citing an accumulated deficit of $54,819,792 and insufficient capital resources. Internal control over financial reporting was deemed ineffective due to material weaknesses.