Here are the 10-Q quarterly reports from Society Pass Incorporated (SOPA) 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 SOPA 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 SOPA filings page.
Society Pass (SOPA) filed its quarterly report, showing a larger operating loss despite improved gross profit. Q3 2025 revenue was $1,380,382 versus $1,675,894 a year ago, while gross income rose to $887,340 from $365,646. Operating expenses increased to $6,131,964 from $1,540,260, driving a loss from operations of $5,244,624 (vs. $1,174,614). Net loss attributable to the company was $5,118,989 (vs. $1,377,885), or $0.84 basic loss per share.
For the nine months, revenue was $5,355,380 (vs. $5,233,483) and net loss attributable totaled $6,481,069 (vs. $6,156,153). The balance sheet strengthened: total assets were $32,934,375 and total liabilities $19,602,879, resulting in positive total equity of $13,331,496, a turnaround from $(2,412,705) at December 31, 2024. Cash and cash equivalents were $6,552,702.
The share count rose to 6,105,525, and the company recorded $15,203,888 from the sale of units in an initial public offering, with additional issuances via ATM, private placements, and stock for compensation. As of November 14, 2025, common shares outstanding were 6,105,525.
Society Pass Incorporated reported stronger top-line performance in the quarter ended June 30, 2025 with total revenue of $2,501,494 for the quarter and $3,974,998 for the six months, driven primarily by digital marketing ($2,064,909 quarter) and increased online ticketing sales. Gross income improved to $1,413,058 for the quarter. The company recorded a quarterly net income of $552,384 and net income attributable to Society Pass of $479,008.
Liquidity and solvency remain material concerns: cash and cash equivalents were $8,218,805 and total assets were $29.19M, but the company disclosed a working capital deficit of $3,911,131, an accumulated deficit of $111,488,907, and net cash used in operating activities of $5,804,617 in the six months. Management noted substantial doubt about going concern and described recent financings and convertible note conversions (including issuance of 1,800,000 shares by a subsidiary) that provided financing.