TRON Inc SEC Filings

Tron Inc. reported Q3 2025 results, highlighting a shift to a dual-segment model (toys and a TRX-focused digital asset treasury). For the quarter, sales were $1.10M with gross profit of $297,898. Operating loss was $656,748, but other income—driven by fair value changes in digital assets—reached $16.29M, resulting in net income of $12.17M for Q3 and $12.99M year-to-date. A $3.45M deferred tax expense was recorded.

On the balance sheet, cash was $10.60M and digital assets (TRX/sTRX) were $228.42M. Total assets were $244.60M versus $6.31M at year-end 2024, reflecting the June private placements and token receipt. Cash used in operations was $1.02M for the nine months, while financing provided $10.27M. The company had 257,115,400 common shares outstanding as of November 5, 2025. Subsequent to quarter-end, an S-3 shelf was filed for up to $1.0B.

Management adopted ASU 2023-08, measuring crypto assets at fair value with changes in earnings, and reports two operating segments with toys generating $3.54M year-to-date revenue and digital assets contributing the period’s gains.

Tron Inc. (Nasdaq: TRON) filed Amendment No. 2 to a Form S-3 shelf registration to offer up to $1,000,000,000 of common stock, preferred stock, debt securities, warrants, rights, and units, to be sold in one or more offerings from time to time after effectiveness. Specific terms, pricing, selling arrangements, and net proceeds will be set in applicable prospectus supplements.

The company describes a strategic transformation toward blockchain‑integrated treasury management focused on TRON (TRX) tokens. Recent activities include a June 2025 PIPE and an August 2025 warrant exercise paid in TRX, after which Bravemorning owned approximately 86.6% of outstanding common stock. As of October 13, 2025, Tron Inc. held approximately 549,676,892 sTRX tokens and approximately 94 TRX tokens, reflecting its staking‑oriented approach.

The prospectus notes potential sales methods that may include direct sales, agents, or underwriters, with details provided in future supplements. The filing also highlights comprehensive risk factors tied to the toy and souvenir business and to digital asset exposure, including TRX price volatility, regulatory uncertainty, and smart contract risks.

Yong Rong (HK) Asset Management Ltd reports beneficial ownership of 2,170,000 shares of Tron Inc. common stock, representing approximately 0.86% of the outstanding class. The filer indicates sole voting and sole dispositive power over all reported shares and certifies the holdings were not acquired to change or influence control of the issuer. The filing is a Schedule 13G amendment reporting a passive ownership position and clarifies that the stake does not constitute a group holding or ownership on behalf of others.

Form 144 filed for TRON reports a proposed sale of 100,000 shares of common stock through First Command Brokerage Services, Inc., with an aggregate market value listed as $500,000 and an approximate sale date of 09/02/2025. The filing shows 34,114,829 shares outstanding.

The securities were acquired on 12/07/2022 under a subscription agreement from "Tron fka SRM," with 200,000 shares acquired and payment recorded on 12/12/2022 by check. The filing also discloses a prior sale on 06/23/2025 by Deborah McDaniel-Hand of 100,000 shares for gross proceeds of $941,000. The filer attests there is no undisclosed material adverse information and includes the required signature/representation language.

Tron Inc. director Christopher Melton reported a sale of 15,000 shares of Tron Inc. common stock on 08/22/2025 at a reported price of $5.06 per share. After the transaction he beneficially owned 31,818 shares. The Form 4 is signed and dated 08/28/2025.

Tron Inc. files an amended shelf registration/prospectus covering up to $1,000,000,000 of various securities including common stock, preferred stock, debt securities, warrants, rights and units. The prospectus includes a summary of risks specific to the company’s toy and souvenir business, highlighting seasonality, reliance on third-party manufacturers and vendors, supply-chain and transportation disruptions, tariff risk, product-liability and recall exposure, competition and changing consumer preferences, labor and tax risks, IT and intellectual-property risks, and potential adverse effects from weather and macroeconomic conditions. The filing also lists exhibits and agreements incorporated by reference, legal opinions, underwriting forms and service or advisory agreements, and is signed by the CEO.