Every 10-K that urban-gro, Inc. (UGRO) 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-K covers the audited annual report, with the full financial statements, so if you follow UGRO 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 UGRO filings page.
urban-gro, Inc. filed Amendment No. 1 to its annual report for the year ended December 31, 2025 and provided audited financials showing severe distress and a major business pivot. The company reported 2025 revenues of $17.4 million, down from $31.2 million in 2024, and a net loss of $22.1 million.
Total assets fell to $0.3 million against $45.5 million of liabilities, creating a stockholders’ deficit of $45.2 million. Auditors highlighted substantial doubt about the company’s ability to continue as a going concern, citing recurring losses, net capital deficiency, foreclosure of UG Construction receivables, and suspension of construction and services activities.
Management recorded asset impairments and write-offs across property and equipment, receivables, inventory, and prepaid items, and sold its Services segment for $2.0 million, classifying it as discontinued operations. The filing also describes a completed reverse merger with Flash Sports & Media, after which urban-gro shifted toward a diversified sports, media, and experiential marketing platform.
This amendment additionally adds the company’s Clawback Policy as an exhibit, corrects the cover page, and restates a note to fix the name of Agile Capital Funding, LLC.
urban-gro, Inc. (UGRO) filed its annual report detailing a transformation into Flash Sports & Media after a February 2026 merger, shifting from controlled-environment agriculture into a diversified sports, media, and experiential marketing platform centered on cricket leagues and live event production.
The core subsidiary IPG generates revenue from production fees, franchise fees, sponsorships, media rights, betting data, and other event-related income, heavily tied to the Lanka Premier League, which has grown its Season 5 sponsorship media valuation to about $176.5 million. Operations span the UAE, Sri Lanka, Zimbabwe and other markets, supported by advanced broadcast technology and long-term rights agreements.
The filing also describes a full wind-down of legacy CEA and construction businesses, asset sales and foreclosures, debt amendments and settlements, going concern warnings, significant accumulated and working capital deficits, major customer and geographic concentration, multiple loan defaults and lawsuits, and a history of Nasdaq listing deficiencies now under a one-year monitoring period.
urban-gro, Inc. files its annual report describing a major strategic shift, financial stress, and listing risks. After deciding in the third quarter of 2025 to exit its core sectors, the company began selling assets, cutting headcount, and preparing for a merger, and now primarily acts as a value-added reseller of controlled environment agriculture equipment.
The report details a binding letter of intent to merge with Flash Sports & Media, Inc., under which Flash stockholders would ultimately hold about 90% of the combined company, and urban-gro would change its name after closing. The company discloses loan amendments, a Gemini credit-line default and Article 9 asset sale, a new Agile term loan, a settlement with J Brrothers involving a new note and shares, and the sale of its 2WR of Georgia design business.
urban-gro also highlights repeated Nasdaq deficiency notices related to late SEC filings, low share price, and stockholders’ equity below $2.5 million, with continued risk of delisting if it cannot regain full compliance.