Every 10-Q that SUSGLOBAL ENERGY CORP (SNRG) 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 SNRG 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 SNRG filings page.
SusGlobal Energy Corp. reported a net income of $296,613 for the six months ended June 30, 2026, compared with a net loss of $2,701,149 a year earlier. The swing to profit was driven almost entirely by other income of $2,589,929, including a $1,829,626 gain on the sale of the Hamilton Facility and $1,191,850 of forgiven accrued interest and other debt adjustments.
Core operations remain extremely weak. Six‑month revenue was $17,331, down from $32,340, and cost of sales produced a gross loss of $127,562. The Belleville facility stopped receiving waste on January 10, 2024 to address regulatory non‑compliance, so there was no tipping fee or compost revenue. The company continues to incur significant operating expenses, including $927,889 of interest expense and substantial related‑party fees.
The balance sheet shows severe stress. As of June 30, 2026, SusGlobal held cash of $213,375 against current liabilities of $33,228,709, including $5,728,295 of mortgages and $14,968,408 of Level 3 fair‑valued convertible promissory notes, all in default or due on demand. Working capital deficit was $32,937,502 and accumulated deficit $51,819,958. Auditors have expressed substantial doubt about the company’s ability to continue as a going concern, and management discloses it needs significant additional financing, including an estimated $4,000,000 for the next 12 months, while also facing multiple legal judgements, regulatory orders and environmental remediation commitments.
SusGlobal Energy Corp., a waste-to-energy company, recorded a net loss of $1,516,559 for the quarter ended March 31, 2026, compared with $1,881,658 a year earlier. Revenue was $0 versus $6,345 after its Belleville, Ontario facility stopped accepting waste in January 2024, while operating expenses increased to $1,030,834 on higher interest and foreign exchange losses.
Total assets were $8,631,369 against $41,203,452 in current liabilities, producing a working capital deficit of $41,168,330 and a stockholders’ deficit of $32,572,083. The company reported no cash at quarter-end, with $9,742,824 of mortgage debt and $14,760,920 of convertible promissory notes past due or in default. Auditors have expressed substantial doubt about its ability to continue as a going concern, and management estimates it needs about $4,000,000 of additional funding over the next year on top of repaying existing obligations. After the quarter, SusGlobal sold its partially built Hamilton, Ontario facility for $7,712,050, using proceeds to settle agreed claims and mortgages and to increase environmental financial assurances required by regulators.
SusGlobal Energy Corp. reported a wider quarterly loss and reiterated substantial doubt about its ability to continue as a going concern. For the quarter ended September 30, 2025, the company recorded a net loss of $1,802,693, bringing the nine‑month net loss to $4,503,842. Quarterly revenue was $0 and nine‑month revenue was $32,340, with one customer accounting for 100% of year‑to‑date revenue.
As of September 30, 2025, total assets were $8,782,517 against current liabilities of $38,716,757, including a current portion of long‑term debt of $9,463,611 and convertible promissory notes of $14,096,338 (in default, measured at fair value). Cash was $5,411, and stockholders’ deficiency was $(29,934,240). The company disclosed a working capital deficit of $38,670,496.
Shares outstanding rose to 142,332,019, driven by private placements totaling $220,000 for 11,000,000 shares at $0.02 per share. Legal updates include an arbitration award of $118,170 (subsequent judgment of $164,933) and a settlement with the City of Belleville of $93,379. Management continues to seek financing while pursuing a conditional offer to sell the Hamilton facility.