Here are the 10-Q quarterly reports from Universal Token, Inc (UTKN) 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 UTKN 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 UTKN filings page.
Universal Token reported no revenue for the nine months ended September 30, 2026 and 2025. Its nine-month net loss was $51,908, versus $348,059 in 2025; operating expenses were $51,908 versus $347,054, which management attributed to reduced operations and development activity. Operating activities used $35,284 in cash. At September 30, 2026, cash was $558, current assets were $15,754 and current liabilities were $50,732. Capitalized software development costs totaled $1,143,500, and the software was not yet in service.
Universal Token reported a $34,978 working capital deficit. Management said current liquidity was insufficient for anticipated operations for at least 12 months from the date the financial statements were issued and disclosed substantial doubt about the company’s ability to continue as a going concern. It expects losses to continue and needs additional equity or debt financing, with no assurance financing will be available. Disclosure controls were ineffective as of September 30, 2026 because of a material weakness involving accounting processes for complex transactions and the need for experienced SEC reporting personnel.
Universal Token, Inc., an AI and blockchain company focused on real world asset tokenization, reported another pre‑revenue quarter for the period ended June 30, 2026. Revenues were $0 for both the three- and six-month periods in 2026 and 2025.
The company recorded a six-month net loss of $36,361, sharply lower than $315,552 a year earlier, as professional fees and general and administrative expenses were reduced. Total assets were $1,151,003, driven mainly by capitalized software development costs of $1,143,500. Cash was only $27, with current assets of $2,697 versus current liabilities of $22,128, resulting in a working capital deficit and an accumulated deficit of $571,580.
The company disclosed a going concern uncertainty, citing recurring losses, negative operating cash flows and the need for additional equity or debt financing. During the first half of 2026 it relied on related-party funding, including $44,000 in loans due in 2028 and $5,264 of short-term advances. Management also reported a material weakness in internal control over financial reporting and concluded disclosure controls and procedures were not effective.
Universal Token, Inc. reported no revenue for the quarter ended March 31, 2026 and a consolidated net loss of $17,725, narrower than the $93,961 loss a year earlier as professional fees declined.
Total assets were $1,155,204, largely capitalized software development costs of $1,143,500. Cash was only $223 with current assets of $6,898 and current liabilities of $7,693, resulting in a working capital deficit. The company also recorded a $44,000 non‑interest‑bearing loan from a significant shareholder and director, its only non‑current liability.
Accumulated deficit reached $552,944 and management states there is “substantial doubt” about the company’s ability to continue as a going concern without new funding and future revenue. Disclosure controls and procedures were deemed not effective due to a material weakness in internal control over financial reporting.