How large is Vanjia (VNJA) accumulated deficit and share count?

Vanjia reported an accumulated deficit of $134,040 as of March 31, 2026. This reflects cumulative losses since inception. The company has 30,000,000 common shares issued and outstanding, with a par value of $0.0001 per share.

Vanjia Corporation (VNJA) Q1 2026 update: loss, cash and credit line

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

10-Q

Rhea-AI Filing Summary

Vanjia Corporation reported no revenue and a small net loss for the three months ended March 31, 2026, reflecting its early development stage in affordable homebuilding around Houston. The company recorded a net loss of $3,950, compared with a $450 loss in the same period of 2025, driven by higher general and administrative expenses.

Cash and cash equivalents were $58,639, down from $62,589 at December 31, 2025. Total assets were $63,359, with no recorded liabilities, resulting in the same amount of stockholders’ equity. The accumulated deficit was $134,040, and there were 30,000,000 common shares issued and outstanding.

The company remains pre-revenue but outlines a plan to build 2–3 homes in the first year and expand output over three years. It discloses access to a $5,000,000 related-party line of credit for working capital and states that existing controls and procedures over financial reporting are effective. No material legal proceedings or unregistered equity sales are reported.

Key Figures

Cash and cash equivalents: $58,639 Total assets: $63,359 Net loss: $3,950 +5 more

8 metrics

Cash and cash equivalents $58,639 Balance as of March 31, 2026

Total assets $63,359 Balance as of March 31, 2026

Net loss $3,950 Three months ended March 31, 2026

Accumulated deficit $134,040 As of March 31, 2026

Common shares outstanding 30,000,000 shares Issued and outstanding as of March 31, 2026

Line of credit $5,000,000 Maximum borrowing from officer and shareholder

Net operating loss carryforwards $134,040 Potential future tax benefit as of March 31, 2026

General and administrative expenses $3,950 Three months ended March 31, 2026

Key Terms

development stage, net operating loss carry forwards, line of credit, Sarbanes-Oxley Act of 2002, +2 more

6 terms

development stage financial

"The company has conducted limited business operations since its inception."

net operating loss carry forwards financial

"As of March 31, 2026, the Company had net operating loss carry forwards of $134,040"

line of credit financial

"The Company has available a line of credit with an officer and shareholder that provides maximum borrowing up to $5,000,000"

A line of credit is a flexible borrowing arrangement that lets a company draw money up to a preset limit, repay it, and borrow again as needed—similar to a business credit card or an emergency tap on a savings account. It matters to investors because it shows how a firm manages short-term cash needs and growth funding without taking a single large loan; access, cost, and attached conditions can affect liquidity, interest expenses and financial risk.

Sarbanes-Oxley Act of 2002 regulatory

"The Sarbanes-Oxley Act requires that we maintain effective disclosure controls and procedures"

off-balance sheet arrangement financial

"The Company has no material transactions, arrangements, obligations or other relationships with entities or other persons"

An off-balance sheet arrangement is a financial commitment or asset that a company keeps out of its main financial statements so it does not show up as a direct asset or liability. Think of it like renting equipment or using a separate storage locker instead of putting the item in your home: the economic effects exist, but they aren’t listed on the company’s primary balance sheet. Investors care because these arrangements can hide risks, obligations or sources of cash flow that affect a company’s true financial strength and future performance.

disclosure controls and procedures regulatory

"the Principal Executive Officer and Principal Financial Officer have concluded that these disclosure controls and procedures are effective"

Policies, routines and internal checks a public company uses to identify, collect and verify information that must appear in its financial reports and public filings, and to make sure that material news is disclosed accurately and on time. Investors care because effective controls increase confidence that the company’s reported numbers and disclosures are reliable and reduce the risk of surprises, much like a building’s inspection and alarm system helps occupants trust the structure’s safety.

10-Q Quarterly Reports: What Changes Quarter to Quarter →

05/15/2026 - 04:23 PM

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U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2026

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File No. 333-179302

Vanjia Corporation

(Exact name of registrant as specified in its charter)

Texas		45-3051284
(State or other jurisdiction		(I.R.S. Employer Identification No.)
of incorporation or organization)

Sweetwater Blvd, Unit 199

Sugar Land, TX 77479-3121

(Address of principal executive offices)

1-832-289-3219

(Issuer's telephone number)

Indicate by checkmark whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X ] No[ ]

Indicate by check mark whether the registrant is a large accelerated filed, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer [ ] Accelerated filer [ ]

Non-accelerated filer [ ] Small Reporting company [X]

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months or for such shorter period that the registrant was required to submit and post such files). [x] Yes [ ] No

Indicate the number of shares outstanding of each freely tradable common stock, as of the most practicable date: 30,000,000 freely tradable shares as of March 31, 2026

_______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Form 10-Q Report Index

	Page No:
PART 1. FINANCIAL INFORMATION		1
Item 1. Financial Statements		2
Condensed Balance Sheets		3
Condensed Statements of Operations		4
Condensed Statements of Cash Flows		5
Notes to financial Statements		6-9
Item 2. Management Discussion and Analysis of Financial Condition		10
Item 3. Quantitative and Qualitative Disclosures about Market Risk		10
Item 4. Control and Procedures		10
PART 11. OTHER INFORMATION
Item 1. Legal Proceedings		11
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds		11
Item 3. Defaults Upon Senior Securities		11
Item 4. Mine Safety Disclosures		11
Item 5. Other Information		11
Item 6. Exhibit		11
Item 7. Signature		11

____________________________________________________________________________________________________________________________________________________________________________________________________

VANJIA

BALANCE SHEETS

	March 31, 2026			December 31, 2025
ASSETS
Current Assets
Cash and Cash equivalents	$	58,639		$	62,589
Account Receivables		4,720			4,720
Total current Assets		63,359			67,309

Total Assets	$	63,359		$	67,309

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:

Total Current Liabilities		—			—

Stockholders' Equity
Common stock, par value $0.0001 per share, 9,999,999,999 shares authorized, 30,000,000 shares issued and outstanding as of March 31, 2026, and December 31, 2025		3,000			3,000
Preferred Stock, par value $0.0001 per share, 8,888,888,888 shares authorized, 0 issued and outstanding as of March 31, 2026, and December 31, 2025		—			—
Additional Paid-In Capital		194,399			194,399
Deficit accumulated during development stage		(134,040	)		(130,090	)
Total stockholders' equity		63,359			67,309
TOTAL LIABILITIES AND STOCKHOLDER’S EQUITY	$	63,359		$	67,309

The Accompanying Notes are an Integral Part of the Financial Statements.

VANJIA CORPORATION

STATEMENTS OF OPERATIONS

FOR THE THREE MONTHS ENDED MARCH 31, 2026, AND 2025

	Three Months Ended March 2026			Three Months Ended March 2025
Revenue	$	—		$	—
General and Administrative expenses		3,950			450
Income (Loss) from operation		(3,950	)		(450	)
Other income (expenses):					—

					—
Income (loss) before Income taxes		(3,950	)		(450	)
Provision for income taxes:		—			—
Net Profit/Loss	$	(3,950	)	$	(450	)
Net Loss Per Shares
Net Loss Per Shares Basic and diluted	$	(0.00		$	(0.00	)
Weighted Average Shares Outstanding:
Basic and diluted		30,000,000			30,000,000

The Accompanying Notes are an integral Part of the Financial Statements.

VANJIA CORPORATION

STATEMENT OF CASH FLOW

FOR THE THREE MONTHS ENDED MARCH 31, 2026, AND 2025

	Three Months Ended March 31, 2026			Three Months Ended March 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Profit/Loss	$	(3,950	)		(450	)
Adjustments to reconcile net loss to cash provided by operating activities:

Net cash provided by operating activities:		(3,950	)		(450	)
Net Increase (decrease) in cash and cash equivalents		(3,950	)		(450	)
Cash and cash equivalents:
Beginning	$	62,589			72,889
Ending	$	58,639			72,439
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS:
Interest Expenses	$	—			—
Income Tax Expense	$	—			—

Accompanying Notes are an Integral Part of the Financial Statements.

________________________________________________________________________________________________________________________________________________________________

Vanjia Corporation

Statements on Stockholders’ Equity

For The Years March 31, 2026, and Dec. 31,2025.

	Common Stock		Amount			Additional Paid in			Accumulated Deficit	Total Stockholder’s Equity
Capital
Balance at December 31, 2025		30,000,000		$	3,000		$	194,399	(130,090)	67,309
Net Profit/Loss		—			—			—	(3,950)	(3,950)
Balance at March 31,2026		30,000,000		☑$	3,000		$	194,399	(134,040)	63,359

The Accompanying Notes are an Integral Part of the Financial Statements.

_____________________________________________________________________________________________________________________________________________________________________

VANJIA CORPORTION

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
MARCH 31, 2026

1. NATURE OF OPERATIONS AND SUMMARY OF ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial reporting and in accordance with instructions for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, the unaudited condensed consolidated financial statements contained in this report reflect all adjustments that are normal and recurring in nature and considered necessary for a fair presentation of the financial position and the results of operations for the interim periods presented. The year-end condensed balance sheet data was derived from audited financial statements but does not include all disclosures required by GAAP. The results of operations for the interim period are not necessarily indicative of the results expected for the full year. These unaudited, condensed consolidated financial statements, footnote disclosures and other information should be read in conjunction with the financial statements and the notes thereto included in the Company’s Registration Statement on Form 10-K for the year ended December 31, 2025.

ORGANIZATION AND NATURE OF BUSINESS

Vanjia Corporation (formerly Vantone Realty Corporation) , (the “Company”), was incorporated on August 19, 2011, in the State of Texas. The company has conducted limited business operations since its inception. The Company's business plan is to build affordable homes in Houston, Texas. The Company’s year-end is December 31.

USE OF ESTIMATES

The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

CASH AND CASH EQUIVALENTS

Cash and cash equivalents include cash and all highly liquid instruments with original maturities of three months or less.

REVENUE RECOGNITION

Revenues are recognized when control of the promised goods or services is transferred to a customer, at an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements:

* Identify the contract with a customer;

* Identify the performance obligations in the contract;

* Determine the transaction price;

* Allocate the transaction price to performance obligations in the contract; and

* Recognize revenue as the performance obligation is satisfied.

CONCENTRATION OF CREDIT RISK

The Company's financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and related-party payables it will likely incur in the near future. The Company places its cash with financial institutions of high credit worthiness. At times, its cash balance with a particular financial institution may exceed any applicable government insurance limits. The Company's management plans to assess the financial strength and credit worthiness of any parties to which it extends funds and as such, it believes that any associated credit risk exposures are limited.

NET INCOME (LOSS) PER SHARE

Basic income (loss) per share is computed by dividing net income by weighted average number of shares of common stock outstanding during each period. Diluted income per share is computed by dividing net loss by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during each period. On March 31, 2025, the Company does not have any outstanding common stock equivalents; therefore, a separate computation of diluted loss per share is not presented.

INCOME TAXES

The Company accounts for income taxes in accordance with ASC 740, Income Taxes, which requires that the Company recognize deferred tax liabilities and assets based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax benefit (expense) results from the change in net deferred tax assets or deferred tax liabilities. A valuation allowance is recorded when, in the opinion of management, it is more likely than not that some or all of any deferred tax assets will not be realized.

RECENT ACCOUNTING PRONOUNCEMENTS

The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on its result of operations, financial position or cash flow.

2. INCOME TAXES

The Company has not yet realized income as of the date of this report, and no provision for income taxes has been made. As of March 31, 2026, the Company had net operating loss carry forwards of $134,040 that may be available to reduce future years’ taxable income. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a full valuation allowance for the deferred tax asset relating to these tax loss carry-forwards.

3. LINE OF CREDIT

The Company has available a line of credit with an officer and shareholder that provides maximum borrowing up to $5,000,000 for working capital purposes. The line of credit has no expiration date and is due on demand. Borrowings under the line of credit bear interest at 5% per annum. As of March 31, 2026, and December 31, 2025, the Company had outstanding balance of $-0- on the line of credit.

4. SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date on which the financial statements are available to be issued. All subsequent events requiring recognition as of March 31, 2026. We have been incorporated into these financial statements and there are no subsequent events that required discloses in accordance with FASB ASC Topic 855, " Subsequent Events."

Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION

This section of the quarterly report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place an undue certainty on these forward-looking statements, which apply only as of the date of this prospectus. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

PLAN OF OPERATION

Our plan for operations for the next twelve months is to proceed with the implementation of our business plan.

GOALS	PROJECT OUTCOMES
Legal and Accounting Expenses	Compliance with financial reporting and internal controls
Website Design	Creation of our corporate website
Civil Engineer or Surveyor's Fees	Subdivision of lands
Architect drawings	Complete a set of plans for building permits
Project Consultants	Quality Control of construction project
Marketing and Promotion	Marketing and public awareness activities
Working Capital	Office supplies, telephone, postage and other miscellaneous expenses

ACCOUNTING AND LEGAL EXPENSES- Our estimate these related expenses will range from $9,800 for the next 12 months. We will be subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and the Sarbanes-Oxley Act of 2002. The Exchange Act requires that we file annual, quarterly and current reports with respect to our business and financial condition. The Sarbanes-Oxley Act requires that we maintain effective disclosure controls and procedures and internal controls for financial reporting.

CREATE OUR CORPORATE WEBSITE- It is part of our business plan to have our website. A website can convey our corporate images and services to our potential customers. We believe our estimated cost of $1,250 will be sufficient to cover our projected expense for website design.

SURVEYOR'S FEES- We are required to obtain surveyors' services related to subdivision of land. Our estimated cost for a surveyor’s services will be $2,500. The Planning Commission for the City of Houston is responsible for the review and approval of application for subdivision of land.

ARCHITECT DRAWINGS- We are required to obtain several sets of architect drawings in connection with our proposed construction projects. We estimated the cost for architect drawings will be $5,000 to$7,500 per year.

PROJECT CONSULTANTS- Once we have obtained the necessary building permits from the City of Houston, we will be ready to build our residential homes. We will require hiring project consultants to monitor the quality control of our construction projects. We intend to spend $2,500 annually for project consultants.

MARKETING AND PROMOTION- Our staff will distribute our promotional fliers on foot, spending afternoons knocking on the doors of residences in targeted neighborhoods, as well as residences already in designated HOPE and Workforce areas. Speaking with potential buyers directly is the best way to inform and engage the communities. When speaking to residents, we will explain the Houston HOPE and Workforce programs, specifically mentioning how these programs can benefit them as future owners of our new homes and services. We will then outline in further detail the government assistance option available to them. The government can offer up to $30,000 for down payments and unlike renting, home ownership allows one to build up home equity.

The following table shows the projection of our building activities for three years:

	1stYear milestone	2nd Year milestone	3rdyear milestone
Number of residential homes	2- 3 homes	3-5 homes	5-8 homes
Location of new residential homes	Houston, Texas	Houston, Texas	Houston, Texas
Estimated cost for each milestone	$100,000	$200,000	$300,000

LIQUIDITY AND CAPITAL RESOURCES

On March 31, 2026, our total assets were $63,359 and our total liabilities were $-0- We expect to raise additional capital through, among other things, the sale of equity or debt securities, private placement offerings, employee stock options plans, and advanced funds from our officer and director. Any deficiencies in general and administrative expenses will be covered with funds by our director and officer. Our officer and director, Tian Su Hua, has agreed to provide us with a $5,000,000 line-of-credit at -0- interest. The management believes that an existing $5,000,000 line-of-credit agreement with our officer and director will be sufficient to cover our operational expenses for the next twelve months. The residential lot we currently own is large enough to accommodate up to eight homes. We believe that our future expenditure for the second and third years will be covered by revenues generated from sell of new homes and additional offerings for equity or debt securities, private placement offerings, employee options plans and funds from our officer and director.

RESULTS OF OPERATIONS

From Dec.31,2025 to March 31, 2026

During the period, we have prepared a business plan. Our accumulated loss from Dec31, 2025 to March 31, 2026, was ($3,950) for general and administrative expenses.

OFF-BALANCE SHEET ARRANGEMENT

The Company has no material transactions, arrangements, obligations or other relationships with entities or other persons that have or are reasonably likely to have a material current or future impact, changes in financial condition, results of operations, liquidity, capital expenditures, capital resources, or significant components of revenues or expenses.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

We are a small reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information.

ITEM 4. CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including the Principal Executive Officer and Principal Financial Officer, we have evaluated the effectiveness of our disclosure controls and procedures as required by Exchange Act Rule 13a-15(b) as of the end of the period covered by this report. Based on that evaluation, the Principal Executive Officer and Principal Financial Officer have concluded that these disclosure controls and procedures are effective. There were no changes in our internal control over financial reporting during the quarter ended March 31, 2026 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

From time to time, we are involved in various routine legal proceedings arising in our ordinary course of business. Any such currently pending matters would not, in the opinion of management, have a material adverse effect on our financial conditions or results of operations.

Item 1A. RISK FACTORS

We are a small reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There were no unregistered sales of equity securities during the quarterly period ended March 31, 2026.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None

ITEM 4. MINE SAFETY DISCLOSURE

Not applicable

ITEM 5. OTHER INFORMATION

None

ITEM 6. EXHIBITS

Exhibit 31.1 Certificate of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

Exhibit 31.2 Certificate of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

Exhibit 32.1 Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Exhibit 32.2 Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Exhibit 101 XBRL data files of Financial Statements and notes contained in this Quarterly Report on Form 10Q.

* In accordance with Regulation S-T, the Interactive Data Files in Exhibit 101 to the Quarterly Report on Form 10-Q shall be deemed “furnished” and not “filed.”

ITEM 7. SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Vanjia Corporation

/s/ Tian Su Hua

Tian Su Hua

Chief Executive Officer

/s/ Tian Jia

Chief Financial Officer

May 14th ,2026

Source: View Original Filing on SEC EDGAR

FAQ

What were Vanjia (VNJA) Q1 2026 financial results?

Vanjia posted a Q1 2026 net loss of $3,950 with no revenue. The company remains in a development stage, incurring mainly general and administrative expenses while it prepares to implement its affordable homebuilding business plan in Houston, Texas.

What is Vanjia (VNJA) cash position as of March 31, 2026?

Vanjia held $58,639 in cash and cash equivalents at March 31, 2026. Total assets were $63,359, all funded by stockholders’ equity, as the company reported no liabilities on its balance sheet for the quarter.

Does Vanjia (VNJA) have any revenue from operations yet?

No, Vanjia reported zero revenue for the three months ended March 31, 2026. The company is still in an early development stage, focusing on planning and preparation rather than active home construction and sales, so expenses currently exceed income.

What liquidity support does Vanjia (VNJA) disclose for its operations?

Vanjia discloses access to a $5,000,000 line of credit from an officer and shareholder. Management believes this related-party facility can cover operational expenses over the next twelve months as the company advances its affordable housing projects.

What is Vanjia (VNJA) business plan for its housing projects?

Vanjia plans to build affordable homes on a residential lot in Houston. Projections call for 2–3 homes in the first year, 3–5 in the second, and 5–8 in the third, with estimated milestone costs of $100,000, $200,000, and $300,000 respectively.