Cheetah Net discontinues parallel-import vehicle business; Q1 2025 net loss $753,909

CHEETAH NET SUPPLY CHAIN SERVICE INC.

2025-Q1 EPS reported -$0.23 revenue$479,799

Board approved discontinuation of parallel-import vehicle business on March 5, 2025; now focused on logistics and warehousing.
Continuing ops Q1 revenue $479,799 (87% from TWEW); gross profit $56,256; net loss $753,909 vs loss $608,930 year ago.
Cash $0.3M, loan receivables $9.1M; current assets $10.2M vs current liabilities $0.9M.
Stockholders' equity $11.9M (down from $12.6M at Dec 2024); management expects liquidity sufficient for 12 months.

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