Here are the 10-Q quarterly reports from SharonAI (SHAZD) 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 SHAZD 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 SHAZD filings page.
SharonAI Holdings Inc. reported a first-quarter 2026 net loss attributable to the company of $19.9 million, or $1.43 per share, on revenue of $294,014, slightly below $325,092 a year earlier. The core business still generates negative gross margin, with cost of revenue of $525,816 exceeding sales, and SG&A rising to $4.0 million as the company scales its AI infrastructure platform.
Results were dominated by non-operating items, including a $65.9 million gain on the sale of its 50% interest in Texas Critical Data Centers LLC, partially offset by a $70.2 million loss from fair value changes on $199.4 million of convertible notes and a $13.5 million income tax expense. Cash and cash equivalents increased to $164.3 million, supported by $119.5 million of net equity proceeds and $15.2 million from convertible note issuance. The company also signed a $1,260,000,000 GPU services contract with ESDS Software Solutions Limited and later a $950 million contract with a global technology company, alongside large capital and data-center commitments to support future AI cloud growth.