XHLD 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-05-15

• From time to time, we have non-recurring, non-operating gains and losses which are reflected through other income (expenses).

• Revenue increased by $0.1 million, or 15.4%, to $0.9 million. The increase was primarily driven by one of our major customers increasing their revenue quarter-over-quarter by 100%.

• Cost of revenue increased by $0.1 million, or 65.1%, to $0.3 million, driven by one major event that took place in the quarter from one of our customers that did not take place during the same period last year.

• SG&A expenses decreased by $1.8 million, or 34.6%, to $3.4 million, due to lower headcount cost during the same period last year as well as the less stock-based compensation expenses recognized in the current period.

• Deprecation expense decreased by $0.1 million to $0.01 million due to the company taking a large impairment expense at the end of 2025 which will cause all future periods to be less than 2025.

相对上期删除的文字 · 来源:10-Q · 2025-11-10

• From time to time, we have non-recurring, non-operating gains and losses which are reflected through other income (expense) such as gains/losses of assets, non-cash valuation adjustments related to the 3(a)(10), impairment and or write-offs of investments.

• Revenue increased by $8,000, or 1.5%, to $543,000. The increase was primarily driven by following factors:

• ● Revenue from delivered events – Virtual and Hybrid decreased by $18,000 mainly due to events shifting out of the current quarter due to shifting in event timelines from our customers.

• ● Revenue from delivered events – physical events increased by $26,000, mainly due to a large number of physical events taking place in the quarter from our clients allowing us to recognize all of the revenue within the period.

• Cost of revenue increased by $29,000, or 26.6%, to $138,000, reflecting the increase amount of physical events that took place within the period since it has a larger labor component then virtual events.

相对上期新增的文字 · 来源:10-Q · 2026-05-15

• On October 27, 2025, the Company received a grand jury subpoena from the U.S. Attorney’s Office in connection with an investigation in the Southern District of New York. The subpoena calls for the production of documents relating to the Company’s initial public offering. The Company has produced rec…

• On October 28, 2025, the Company learned that the SEC is conducting a related investigation pursuant to its authority. On March 10, 2026, the Company received a subpoena for documents from the SEC, which also calls for the production of documents and communications related to the Company’s initial p…

• The Company is fully cooperating with both investigations and will comply with its obligations under the subpoenas. The Company cannot predict the scope or timing of the investigations, the resolution or the outcome of the investigations, the costs or the potential impact on the Company.

• As of the reporting date, the investigations remain ongoing, no conclusions have been reached, and no final determinations have been made.

相对上期新增的文字 · 来源:10-Q · 2026-05-15

• Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 25