Here are the 10-Q quarterly reports from Triunity Business Svcs (TYBB) 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 TYBB 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 TYBB filings page.
Independence Power Holdings, Inc. reported no revenue for the quarter ended March 31, 2026, reflecting its early stage as a software and services provider for battery energy storage systems. The company posted a net loss of $237,285, a substantial improvement from $3,006,255 a year earlier, mainly because prior-year research and development and management fees were much higher.
Results were driven by $868,567 of interest income from the $86.6 million secured GridCore Note, which is the company’s principal asset. Cash and cash equivalents were $1,552,375 as of March 31, 2026, supplemented by a related-party credit line of up to $4 million, of which $1.8 million was drawn.
The company has not yet generated recurring contract revenue; its DBD asset management agreement produced no fees this quarter because no battery units were deployed. Management expects future revenue to come mainly from software licenses, subscriptions and service fees tied to utilization of the BESS fleet. The quarter also highlights ongoing risks: a large deferred tax liability linked to the GridCore Note, dependence on collecting that note, and disclosure that internal control over financial reporting remains ineffective due to previously identified material weaknesses, even though a new CFO has been hired.
TriUnity Business Services Limited reported weak results for the three months ended October 31, 2025. Revenue was only $333, down sharply from $8,667 a year earlier, all from business services in Malaysia. The company swung from a prior net profit of $3,197 to a net loss of $10,206, driven mainly by higher general and administrative expenses of $11,139.
The balance sheet is strained: cash and cash equivalents were $5,927 and total assets $12,055 as of October 31, 2025, against current liabilities of $36,336. Shareholders’ equity was a deficit of $24,281, with an accumulated deficit of $56,911. Management discloses substantial doubt about the company’s ability to continue as a going concern and notes reliance on a potential public offering or support from the controlling shareholder. There were 5,950,000 common shares outstanding as of December 2, 2025.