Latest 10-K annual reports

Torrid Holdings Inc. reported a net loss of $7.0 million for fiscal year 2025, driven by a 9.4% decrease in net sales and a strategic retail store optimization plan.

Onfolio Holdings Inc. reports a 36% revenue increase in 2025, driven by acquisitions, but faces continued net losses, substantial doubt about its ability to continue as a going concern, and defaults on debt covenants.

Sky Quarry Inc. reported a 47% drop in net sales and a significant increase in gross loss for 2025, raising substantial doubt about its ability to continue as a going concern, despite efforts to secure financing and advance recycling technology.

Twenty One Capital, a newly formed Bitcoin-focused company, reported a net loss of $217.3 million for 2025, driven by Bitcoin price volatility and initial operational costs.

Biglari Holdings Inc. filed an amendment to its annual report to include the audited financial statements of The Lion Fund II, L.P., which reported significant decreases in partners' capital and negative returns for 2024 and 2025.

Nexentis Technologies Inc. reported a reduced net loss in 2025, driven by strategic divestitures and new ventures in oncology biotechnology and solar energy, despite ongoing operating losses and a going concern warning.

Axe Compute Inc. reports a significant net loss for 2025 driven by digital asset volatility, while aggressively pursuing an AI compute and Aethir token treasury strategy.

Agassi Sports Entertainment Corp. reported a significant net loss of $9.49 million for 2025, as it pivots to become a leader in global sports entertainment, focusing on pickleball and padel with a new AI-powered digital platform and the 'World Series of Pickleball' initiative.

LENSAR, Inc. reported a 9% increase in total revenue to $58.4 million for fiscal year 2025, alongside continued net losses of $34.3 million and the termination of its merger agreement with Alcon.

Odyssey Marine Exploration reports a $43.1 million net loss for 2025, offset by a $37.1 million NAFTA arbitration award and strategic advancements in critical mineral projects.

Interactive Brokers Group, Inc. filed an amended annual report to correct a clerical error regarding an audit opinion date.

Green Planet Bioengineering Co., Ltd. filed its 2025 10-K, confirming its status as a public reorganized shell corporation with no active business operations and ongoing reliance on related party funding.

Tvardi Therapeutics reported a reduced net loss in 2025 but faces substantial doubt about its ability to continue as a going concern, following a failed IPF trial and delays in its key HCC program.

GigCapital8 Corp., a blank check company, filed its annual 10-K report for 2025, detailing its financial position, search for an initial business combination, and significant risks, including a going concern uncertainty.

Connect Biopharma reported a significant increase in net loss for 2025, while advancing its lead drug candidate, rademikibart, into Phase 2 trials for acute asthma and COPD, and securing a private placement for additional funding.

ClearThink 1 Acquisition Corp., a blank check company, filed its annual 10-K report outlining its corporate structure, search strategy for a business combination in the financial services sector, and associated risks.

Ribbon Acquisition Corporation extends its business combination deadline to January 2027 and reports net income for 2025, despite significant shareholder redemptions and internal control weaknesses.

Infleqtion, Inc. finalized its business combination with Churchill Capital Corp X, becoming a publicly traded quantum technology company focused on sensing, computing, and software.

OneStream, Inc. filed an amendment to its 2025 Annual Report on Form 10-K, primarily updating corporate governance and executive compensation details in anticipation of its acquisition by affiliates of Hg.

Kroger reports a significant decline in GAAP net earnings for fiscal year 2025 due to a $2.5 billion fulfillment network impairment, despite growth in adjusted operating profit and identical sales.

Titan Machinery Inc. reported a significant decrease in total revenue and a net loss for fiscal year 2026, driven by challenging industry conditions, despite an increase in gross profit margin.

AVAX One Technology Ltd. reports a strategic pivot to digital assets and Bitcoin mining, alongside significant losses and a Nasdaq delisting notice for its common shares.

Venu Holding Corporation reported increased net losses for 2025 despite revenue growth, driven by significant investments in new entertainment venues and ongoing operational costs.

Cantor Equity Partners V, a blank check company, reported a net income of $1.23 million for 2025, primarily from Trust Account interest, as it continues its search for a business combination in target industries like financial services and technology.

SC II Acquisition Corp. files its 10-K, outlining its SPAC structure, successful $172.5M IPO, and the ongoing search for a business combination target by May 2027.

BioAtla, a clinical-stage biopharmaceutical company, reported substantial net losses and a going concern doubt, leading to a 70% workforce reduction and a formal process to explore strategic options.

Yorkville Acquisition Corp. announces a definitive business combination agreement with Trump Media & Technology Group Corp. and Crypto.com Strategy Holdings, forming Trump Media Group CRO Strategy, Inc., focused on digital asset treasury.

Forte Biosciences announced positive Phase 1b celiac disease trial data and successfully raised $75 million in a public offering, while continuing to incur significant net losses.

Mawson Infrastructure Group reports a significant net loss in 2025, driven by a strategic shift from Bitcoin self-mining to digital colocation and AI/HPC, alongside ongoing litigation and debt challenges.

Fifth Era Acquisition Corp. I, a SPAC targeting tech-enabled businesses, reported a net income of $4.13 million for 2025 but faces substantial doubt about its ability to continue as a going concern without completing a business combination.