Every 10-Q that Solidion Tech (STI) 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 STI 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 STI filings page.
Solidion Technology, Inc., an advanced battery technology company formed via a February 2024 merger, reported net sales of $124,914 and a net loss of $2,886,756 for the quarter ended June 30, 2026. For the first six months, net sales were $210,340, with a net loss of $4,317,424, reflecting research and development, selling, general and administrative expenses, and non‑cash changes in derivative fair values.
Liquidity increased after a June 2026 private placement of 750,000 shares and 1,583,000 pre‑funded warrants, providing $35.0 million in gross proceeds and lifting cash and equivalents to $27,677,315 and stockholders’ equity to $21,675,307 as of June 30, 2026. Management now believes existing cash can fund operations and obligations, including a $1,025,824 defaulted promissory note under litigation, for at least one year, alleviating prior substantial doubt about going concern. The company also notes Nasdaq audit committee non‑compliance, warrant and Forward Purchase Agreement derivatives totaling $4,771,891, and a contingent exposure tied to a G3 tax lien of approximately $2,250,000.
Solidion Technology, Inc. reported a first-quarter 2026 net loss of $1,430,668 on modest net sales of $85,426, as the advanced battery business is still in early commercialization. Operating expenses of $1,858,023 far exceeded gross profit, leading to an operating loss of $1,774,293.
The balance sheet is highly leveraged, with total assets of $5,326,744 against liabilities of $13,595,332, resulting in a stockholders’ deficit of $8,268,588. Cash was only $38,887 at March 31, 2026, and operating activities used $141,863 of cash in the quarter, highlighting tight liquidity.
Derivative liabilities tied to warrants and a Forward Purchase Agreement totaled $4,211,250, and changes in their fair value contributed $561,350 of other income. The company is in default on a $2,200,000 promissory note to EF Hutton and acknowledges substantial doubt about its ability to continue as a going concern absent new financing. Solidion is also temporarily out of compliance with Nasdaq audit committee independence rules but has a cure period through its June 11, 2026 annual meeting.
Solidion Technology, Inc. reported net income of $2,988,626 for the nine months ended September 30, 2025, driven mainly by a $9,964,250 non-cash gain from the change in fair value of derivative liabilities, while its core operations generated an operating loss of $6,662,693.
Cash fell sharply to $160,506 from $3,353,732 at year-end 2024, and the company used $3,607,781 of cash in operating activities, leaving total liabilities of $22,492,172 and a stockholders’ deficit of $17,407,000. Management discloses substantial doubt about the company’s ability to continue as a going concern, citing recurring losses, limited liquidity, lack of debt availability, and default on a promissory note.
The filing details complex financing structures, including large warrant and forward purchase agreement derivative liabilities, a 1-for-50 reverse stock split to address Nasdaq bid-price noncompliance, and subsequent transfer to The Nasdaq Capital Market. It also notes ongoing related-party arrangements with Global Graphene Group, a federal tax lien affecting G3-related assets, and the October 2025 issuance of 450,000 earnout shares, completing obligations under the merger earnout.
Solidion Technology, Inc. (STI) filed an amended quarterly report to restate its June 30, 2025 results after discovering warrant and earnings-per-share errors. The company corrected the number of Series A warrants tied to a March 2024 private placement to 810,389, increasing derivative liabilities by $2,260,650 and reducing six‑month 2025 net income to $7.1 million. For Q2 2025, this turned a previously reported small profit into a $2.1 million net loss, driven by a lower non‑cash gain from derivative revaluation rather than operating performance.
Solidion generated only $4,000 in net sales for the first half of 2025 and posted a six‑month operating loss of about $4.9 million. Cash fell to $114,652, with $3.3 million used in operating activities, and liabilities exceeded assets, prompting a substantial doubt going‑concern warning. The company also retrospectively recorded about $2.8 million of non‑cash issuance costs on 2024 convertible notes, further increasing prior‑period losses.
To address Nasdaq bid‑price noncompliance, Solidion completed a 1‑for‑50 reverse stock split and later regained compliance with the minimum bid rule, but it remains out of compliance with certain Nasdaq market value listing standards, creating delisting risk if not remedied.