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SharonAI 10-Q Filings

SHAZW OTC Link

Every 10-Q that SharonAI (SHAZW) 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 SHAZW 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 SHAZW filings page.

Rhea-AI Summary

SharonAI Holdings Inc. filed an amended quarterly report to correct previously reported 2025 net loss per share and related weighted-average share counts in the statements of operations, statements of stockholders’ equity, and Note 21 for the three and six months ended June 30, 2025. No other disclosures from the earlier filing are updated.

For the three months ended June 30, 2026, revenue was $1,931,381 with a net loss attributable to the company of $428,302,926, or $(22.84) per basic and diluted share. For the six months ended June 30, 2026, revenue totaled $2,225,396, and the net loss attributable to the company was $448,218,692, or $(27.38) per share.

Results were heavily affected by non‑operating fair value changes, including a $470,668,608 loss from the change in fair value of convertible notes for the first half of 2026. During the same period, the company issued 23,108,239 Class A shares and pre‑funded warrants, increasing Class A shares outstanding to 35,667,164 as of August 5, 2026 and lifting total equity attributable to SharonAI Holdings Inc. to $1,129,832,778.

Rhea-AI Summary

SharonAI Holdings Inc. reported Q2 2026 revenue of $1,931,381, up approximately 412% from $376,984 a year earlier as GPU infrastructure services ramped. Six‑month revenue reached $2,225,396.

The company posted a Q2 net loss of $430,368,696 and a six‑month net loss of $450,380,518, driven largely by a $400,440,855 fair value loss on December 2025 convertible notes, a $6,138,775 warrant liability remeasurement and interest expense. Basic and diluted EPS were $(22.84) for the quarter.

Liquidity expanded sharply: cash and cash equivalents rose to $1,861,347,822 and total assets to $2,321,338,209, funded by $2,044,174,430 of net cash from financing, including $350 million and $700 million Convertible Senior Notes and about $900 million of equity and pre‑funded warrant proceeds. The company is committing substantial capital to long‑term AI infrastructure, including a $1.26 billion ESDS services arrangement with expected $720.0 million of equipment capex, a $950 million customer contract tied to about $400 million of hardware, a six‑year NVIDIA collaboration with approximately $4 billion of planned hardware procurement, and subsequent cloud agreements valued at $1.32 billion and $373 million.

Rhea-AI Summary

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.