---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-022985"
form_type: "8-K"
ticker: "CTNT"
cik: "0001951667"
company_name: "CHEETAH NET SUPPLY CHAIN SERVICE INC."
filed_at: "2025-03-12T23:59:59+00:00"
generated_at: "2026-05-24T22:47:55.932728+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cheetah Net posts $5.2M net loss for FY 2024; discontinues parallel-import vehicle business

## Summary
- Full-year 2024 total net loss of $5.2M vs net income of $0.1M in 2023.
- Board approved discontinuation of parallel-import vehicle business; sales from discontinued ops fell 95.7% to $1.6M.
- Continuing logistics business generated $455,805 in revenue; net loss from continuing ops $3.2M.
- Acquired Edward Transit Express in Feb 2024 for $1.5M and TWEW in Dec 2024 for $1.0M.
- Cash and equivalents $1.7M, total current assets $11.0M, working capital sufficient for 12 months.

## SEC filing metadata
- accession: 0001104659-25-022985
- form_type: 8-K
- ticker: CTNT
- cik: 0001951667
- company_name: CHEETAH NET SUPPLY CHAIN SERVICE INC.
- filed_at: 2025-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1951667/000110465925022985/0001104659-25-022985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1951667/000110465925022985/tm258975d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-022985
- JSON: https://secwatch.observer/filing/0001104659-25-022985.json
- Plain text: https://secwatch.observer/filing/0001104659-25-022985.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
