Quarterly ResultJun 30, 2026, 04:13 PM
Senmiao Technology Restates Q3 2025 Results; Net Loss $(3.97)M
AI Summary
Senmiao Technology Ltd. filed an amended quarterly report, restating its unaudited condensed consolidated financial statements for the period ended December 31, 2025. The company reported a net loss of $(3,969,650) and an accumulated deficit of $(49,055,747) for the nine months ended December 31, 2025. Despite a net working capital deficit, recent financing activities, including a PIPE Offering and a registered direct offering totaling approximately $3.46 million, significantly improved the company's liquidity position, with cash and cash equivalents rising to $3,508,226.
Key Highlights
- Restated unaudited condensed consolidated financial statements for Q3 2025.
- Net loss for nine months ended December 31, 2025, was $(3,969,650).
- Net loss attributable to stockholders for the nine months was $(3,946,174).
- Total liabilities as of December 31, 2025, were $6,870,700.
- Total assets as of December 31, 2025, were $5,741,167.
- Cash and cash equivalents increased to $3,508,226 as of December 31, 2025.
- Received $0.66M from PIPE Offering and $2.8M from registered direct offering.
- Accumulated deficit reached $(49,055,747) as of December 31, 2025.
Price Impact
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