Cheetah Net Q1 revenue down 81% to $92,700; net loss $616K; going concern doubt

CHEETAH NET SUPPLY CHAIN SERVICE INC.

2026-Q1 EPS reported -$4.53 revenue$92,700

Revenue from logistics/warehousing fell 80.7% YoY to $92,700; operating loss $764,319 vs $960,448 YoY.
Net loss from continuing ops $616,265 (improved from $753,909 YoY) on SG&A cost cuts.
Cash & equivalents $0.7M, working capital $7.1M; company notes substantial doubt about going concern.
Entered agreement to acquire 100% of a Hong Kong industrial-equipment trading company; expects May close.
Completed private placement and ATM financing in April to fund strategic initiatives.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

CHEETAH NET SUPPLY CHAIN SERVICE INC. reported quarter ended March 31, 2026 results: revenue $92,700, net income net loss of $616,265.

Period: quarter ended March 31, 2026
Revenue: $92,700
Net income: net loss of $616,265
Result: reported results

Exact text from the filing

provider, today reported results for the quarter ended March 31, 2026 and provided a corporate update. For the quarter ended March 31, 2026, the Company reported revenue of $92,700 from its logistics and warehousing business, compared to $479,799 in the same period in 2025, representing a decrease of $387,099, or 80.7%. The Company recorded an operating loss

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

CHEETAH NET SUPPLY CHAIN SERVICE INC. filing history →

Source: SEC EDGAR

accession 0001104659-26-060588

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