Every 10-Q that Yunhong Green CTI Ltd. (YHGJ) 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 YHGJ 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 YHGJ filings page.
Yunhong Green CTI Ltd., a producer of foil balloons and packaging films, reported weaker results for the quarter ended June 30, 2026. Net sales were $3.9 million, down from $5.46 million in 2025, mainly due to shipment timing and lower volumes from a large mass retail customer. Quarterly net loss was $543,000 versus $185,000 a year earlier, and loss attributable to common shareholders was $586,000 or $0.22 per share. For the first half of 2026, net sales were $10.05 million with a net loss of $884,000 and a $0.37 loss per share.
At June 30, 2026, cash was $320,000, total assets $18.62 million, liabilities $10.90 million, and shareholders’ equity $7.72 million, including an accumulated deficit of about $29 million. The company had $4.6 million outstanding on a $7.0 million senior secured revolving credit facility (prime + 7.82%) and $0.45 million on a term loan, and remained in covenant compliance. Operating activities provided $2.54 million of cash in the first half, largely from reductions in receivables and inventories.
Management disclosed substantial doubt about the company’s ability to continue as a going concern over the next year without additional financing or sustained profitability. Sales remain highly concentrated, with two customers representing over 80% of net sales and 97% of accounts receivable. Disclosure controls and internal control over financial reporting were deemed ineffective due to material weaknesses, and remediation plans involve enhanced technical accounting support and review procedures.
Yunhong Green CTI Ltd. reported higher quarterly sales but remains unprofitable and under financial strain. Net sales for the three months ended March 31, 2026 rose to $6.2 million from $4.8 million, while net loss narrowed to $341,000 from $416,000. Operating cash flow was positive at $236,000, yet cash on hand was only $178,000, with $6.7 million drawn on a $7.0 million revolving credit facility and a $0.5 million term loan outstanding. Management discloses substantial doubt about the company’s ability to continue as a going concern and plans to rely on executing its business plan and potentially raising additional capital. Results are also highly concentrated, with two customers representing 87% of Q1 2026 net sales and about 99% of accounts receivable, and management identified material weaknesses in internal control over financial reporting.
Yunhong Green CTI Ltd. reported higher Q3 sales but continued losses. Net sales were $2,953,000 (up 16% year over year). Cost of sales were 98% of sales, yielding gross profit of $67,000. Operating loss was $(983,000), and net loss was $(811,000), helped by $370,000 of other income from a dispute and insurance settlements.
For the nine months, net sales reached $13,212,000 (up 12%) with net loss of $(1,412,000). Operating cash flow improved to $2,300,000, ending cash was $387,000. The company extended its Line Financial credit facilities to April 30, 2027 and increased the revolver to $7,000,000; balances at quarter end were $4,600,000 on the revolver and $0.6 million on the term loan, with $2,400,000 of availability.
Management disclosed “substantial doubt” about the company’s ability to continue as a going concern. A 1‑for‑10 reverse split took effect on October 1, 2025, and Nasdaq minimum bid compliance was regained on October 21, 2025. Two customers represented 72% of Q3 sales; accounts receivable from major customers were $2.6 million as of September 30, 2025.
Yunhong Green CTI Ltd. presents interim financial disclosures showing an ongoing liquidity strain but active financing and equity transactions. The company reports 27,767,884 shares issued and 27,723,626 shares outstanding as of June 30, 2025. It acquired production assets in China on June 30, 2024 but the subsidiary has not commenced operations. Cash from operations may be insufficient to meet needs over the next 12 months and the financial statements are prepared on a going concern basis. The company has Senior Facilities including a revolving credit facility and a $731,250 term loan secured by substantially all assets; approximately $1.3 million remained available under the revolver as of June 30, 2025. Series E and F preferred issuances raised $1.3 million and $0.7 million respectively, with warrants totaling 556,000 exercisable at $1.52 or a VWAP-based floor. Significant customer concentration exists (e.g., Customer B represented 44% of consolidated net sales in a referenced period).