---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-050546"
form_type: "8-K"
ticker: "XHLD"
cik: "0002030954"
company_name: "TEN Holdings, Inc."
filed_at: "2026-11-06T22:29:47+00:00"
generated_at: "2026-11-06T22:32:06.415204+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TEN Holdings Q3 revenue rises 17.9% to $640K but net loss widens to $3.73M

## Summary
- Q3 2026 revenue $640K, up 17.9% YoY from $543K; platform usage revenue fell 12.8% to $428K while professional/managed services jumped 307.7% to $212K.
- Gross profit $379K vs $405K; gross margin 59.2% vs 74.6% as cost of revenue rose 89.1% to $261K on more on-site events.
- SG&A $4.11M, up 88.2%, including a $1.8M write-off of capitalized service contracts and ~$0.5M litigation legal costs; net loss $3.73M ($0.31/sh) vs $1.99M ($0.84/sh).
- Cash $3.5M at Sept 30 vs $5.8M at June 30; Q3 operating cash use $2.7M. Related-party loans fell to $0.1M from $4.6M; total liabilities $2.0M vs $7.7M at YE2025.
- Launched TEN platform supporting 50,000 concurrent attendees; appointed Ian M. Lawson interim CFO effective Sept 30, 2026; filed a $100M universal shelf registration.

## SEC filing metadata
- accession: 0001493152-26-050546
- form_type: 8-K
- ticker: XHLD
- cik: 0002030954
- company_name: TEN Holdings, Inc.
- filed_at: 2026-11-06T22:29:47+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030954/000149315226050546/0001493152-26-050546-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030954/000149315226050546/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-050546
- JSON: https://secwatch.observer/filing/0001493152-26-050546.json
- Plain text: https://secwatch.observer/filing/0001493152-26-050546.txt

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