Every 10-Q that TEN Holdings, Inc. (XHLD) 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-Q covers the quarterly report filed between annual reports, so if you follow XHLD 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 XHLD filings page.
TEN Holdings, Inc. (XHLD) provides technology-enabled virtual, hybrid and in‑person event services. For the three months ended June 30, 2026, revenue was $0.7 million, down from $1.1 million, mainly from lower activity with a large customer and work shifting into the third quarter. Quarterly net loss was $3.0 million versus $2.8 million a year earlier.
For the first half of 2026, revenue was $1.6 million (down from $1.9 million) and net loss was $5.9 million (improving from $7.6 million). Cash, cash equivalents and restricted cash rose to $5.9 million at June 30, 2026, helped by a registered direct offering of 7.5 million shares at $1.00 per share that generated about $6.6 million in net proceeds, plus a separate 500,000‑share private placement.
The company ended the period with $27.3 million of accumulated deficit, negative operating cash flow of $2.7 million for the half year, and $0.4 million of short‑term related‑party debt. Management concluded these conditions raise substantial doubt about continuing as a going concern and is pursuing new contracts, cost controls, and additional financing. TEN Holdings also disclosed ongoing DOJ and SEC investigations related to its initial public offering and certain terminated agreements, and stated it is cooperating and has undertaken remedial measures.
TEN Holdings (XHLD) reported Q3 2025 results showing modest revenue growth but significantly wider losses. Revenue was $543,000, up 1.5% year over year, while net loss widened to $1,987,000 from $975,000. Gross profit was $405,000. Operating expenses rose to $2,332,000, driven mainly by public‑company costs and platform development, pushing loss from operations to $1,927,000.
For the nine months, revenue was $2,398,000 (down 10.7%) as virtual and hybrid event revenue fell to $2,059,000, partly offset by physical events at $339,000. Net loss was $9,607,000. SG&A included $3,517,000 of stock‑based compensation. Adjusted EBITDA for Q3 was a loss of $1,778,000.
Liquidity remains tight: cash was $310,000, current liabilities were $6,520,000, and short‑term related‑party loans totaled $4,572,000. Shareholders’ equity improved to $3,784,000, with 36,637,646 shares outstanding at quarter‑end and 44,592,464 shares outstanding as of October 30, 2025. The company disclosed “substantial doubt” about its ability to continue as a going concern. TEN can sell up to $20 million of stock under a Lincoln Park agreement; in Q3 it sold 1,458,859 shares for $426,000, and later issued 4,454,818 additional shares for $945,542.
TEN Holdings, Inc. operates virtual, hybrid and physical event production through its Xyvid Pro Platform. Revenue was $1.12 million for Q2 2025 and $1.855 million for the six months ended June 30, 2025, with virtual/hybrid events representing approximately 85.6% of six‑month revenue and physical events 14.4%. Gross profit for the quarter was $941,000. Cash totaled $739,000 and total assets were $11.06 million as of June 30, 2025.
Operating costs rose materially: six‑month selling, general and administrative expenses were $7.319 million, including $3.515 million of stock‑based compensation, driving a six‑month net loss of $7.62 million and net loss per share of $0.26. Other expense of $1.35 million related primarily to the April 2025 settlement. The company reports substantial doubt about its ability to continue as a going concern and noted dependency on new customers and additional financing.
Material financing and corporate actions disclosed include an $8.9 million net IPO raise in February 2025, issuance of 6,442,145 shares to settle claims with Sunpeak Holdings totaling about $4.91 million, and a June 23, 2025 purchase agreement with Lincoln Park committing up to $20.0 million of common stock purchases. As of June 30, 2025, 35,117,037 common shares were issued and outstanding.