Every 10-Q that SUMMIT NETWORKS INC (SNTW) 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 SNTW 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 SNTW filings page.
Summit Networks Inc. reported minimal operations and continued losses for the quarter and six months ended June 30, 2026, as it pursues a strategic transition toward logistics and a Digital Supply Chain Trust Infrastructure Platform. The company generated no revenue in 2026 compared with modest revenue of $2,535 in the prior-year periods.
Total assets were $178,668, including cash of $145,087, against current liabilities of $1,215,747, resulting in a working capital deficit of $1,040,552 and a stockholders’ deficit of $1,037,079. Net loss was $79,852 for the quarter and $144,612 for the six months, slightly improved year over year due to lower general and administrative expenses. Operations are funded largely through related-party loans, which totaled $1,179,102, including new CEO advances under third-party financing arrangements.
Auditors and management highlight substantial doubt about the company’s ability to continue as a going concern, given recurring losses, accumulated deficit of $1,984,746, and reliance on shareholder support. Management also identified material weaknesses in internal control over financial reporting, including limited segregation of duties and lack of documented control policies, and concluded disclosure controls and procedures were not effective.
Summit Networks Inc. reported minimal operations for the quarter ended March 31, 2026, remaining focused on evaluating acquisitions of cash‑flow generating logistics businesses in Asia rather than generating revenue. The Company recorded a net loss of $64,760, driven by general and administrative expenses of $58,937 and interest expense of $5,823.
Total assets were $143,290, while total liabilities were $1,100,517, leaving a stockholders’ deficit of $957,227. Cash was $121,898, supported largely by related‑party loans totaling $1,044,436. Operating activities used $60,041 of cash, largely funded by $87,380 in additional related‑party financing.
The Company’s auditors highlight substantial doubt about its ability to continue as a going concern due to accumulated deficit, working capital deficit, and dependence on shareholder and related‑party funding. Management is pursuing potential logistics acquisitions but has not executed any definitive agreements and continues to remediate material weaknesses in internal controls, including segregation of duties and lack of documented control policies.
Summit Networks Inc. (SNTW) filed its Q3 2025 10‑Q, showing early commercialization with modest revenue and continued losses, alongside a going‑concern warning. The company reported revenue of $9,262 for the quarter and $11,797 for the nine months, reflecting initial SME project milestones. Gross profit was $(120) for the quarter as costs exceeded revenue, and general and administrative expenses rose to $81,007 on higher professional and consulting fees.
Net loss was $(80,584) for the quarter and $(248,307) year‑to‑date. The balance sheet shows cash of $94,947, a working capital deficit of $814,895, and a stockholders’ deficit of $(809,701). Related‑party borrowings totaled $884,156, including the CEO’s advances of $235,156 with $2,843 of interest. Management states substantial doubt about the Company’s ability to continue as a going concern and is relying on shareholder financing.
Disclosure controls were deemed not effective due to material weaknesses (limited segregation of duties and insufficient documentation). Steps taken include forming an Audit Committee and engaging an experienced accounting firm. Shares outstanding were 68,911,657 as of September 30, 2025.