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Toppoint Holdings Inc. 10-Q Filings

TOPP NYSE

Every 10-Q that Toppoint Holdings Inc. (TOPP) 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 TOPP 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 TOPP filings page.

Rhea-AI Summary

Toppoint Holdings Inc., a truckload services provider focused on the recycling export supply chain, reported higher revenue but continued losses for the quarter and six months ended June 30, 2026. Quarterly revenue grew to $4.64 million, up 17% year over year, driven mainly by expansion into new markets, higher import and metal volumes, and service price increases. Six‑month revenue rose 12% to $8.75 million.

Cost of revenue increased but at a slower pace, lifting gross profit for the quarter to $377,517 and for the six months to $210,404, with gross margin improving to 8% for the quarter and 2.4% year to date. General and administrative expenses fell sharply due to lower professional fees and the absence of prior‑year stock‑based compensation, reducing the net loss to $306,711 for the quarter and $960,443 for the six months, improvements of 80% and 53%, respectively, versus 2025.

Liquidity strengthened, with cash of $4.70 million, working capital of $7.38 million, and total assets of $13.90 million, aided by a June 2026 private placement raising $4.13 million net. The balance sheet also includes a $5.00 million loan receivable from Golden Bridge Capital Management Limited. Management notes ongoing efforts to improve liquidity and indicates additional capital may be needed to support growth, with no committed financing arrangements in place.

Rhea-AI Summary

Toppoint Holdings Inc. reported first-quarter 2026 results showing modest revenue growth but a wider loss. Revenue rose to $4,106,943 from $3,811,610, driven mainly by higher import and metal loads, while waste paper and plastic declined. Costs increased faster than sales, pushing gross margin negative and resulting in a net loss of $653,732, compared with a $528,475 loss a year earlier. The company ended March 31, 2026 with cash of $836,167, total assets of $10,253,730 and working capital of $3,489,813. Toppoint completed 5,330 loads, slightly fewer than the prior year, but saw a mix shift toward import and metal, reflecting its expansion into new markets and customers.

Rhea-AI Summary

Toppoint Holdings Inc. reported unaudited condensed results for the quarter and six months ended June 30, 2025. The company completed a public offering on January 23, 2025, with gross proceeds of $10,000,000 and net proceeds of approximately $8.28 million. As of June 30, 2025 the company held $1,487,357 in cash and reported working capital of $1,203,864. For the periods presented, the company recorded a net loss before income taxes of $(1,640,342) for the quarter and $(2,075,156) for the six months, versus prior period pre-tax income figures shown in the filing. Cash flows show $1,139,576 used in operating activities and $6,712,944 used in investing activities in the six months ended June 30, 2025. The filing discloses a $150,000 settlement expense recorded related to a consent judgment, 1,150,000 stock options outstanding, and related-party borrowings with interest rates that increased to 55% per annum. The company lists multiple commercial expansion initiatives and partnerships in import drayage, refrigerated logistics, recycling, Vietnam freight and Latin America engagements that are included in the filing.