Next Technology Holding Inc.
For the period ended Mar 31, 2026. Filed Apr 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 29, 2026
NXTT$4.89+3.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
CONDENSED CONSOLIDATED BALANCE
SHEETS AS OF MARCH 31, 2026 AND DECEMBER 31, 2025
(All amounts in US$, except for number of shares) (Unaudited)
| As of March 31, 2026 | As of December 31, 2025 | |
|---|---|---|
| (Unaudited) | (Audited) | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $159,716,830 | $5,623,944 |
| Digital assets | 389,642,362 | 516,153,485 |
| Accounts receivable, net | 370,000 | 354,772 |
| Prepaid expenses | 1,491,169 | 1,999,213 |
| Total current assets | 551,220,361 | 524,131,414 |
| Non-current assets: | ||
| Investment in associate company | - | - |
| Total non-current assets | - | - |
| Total assets | $551,220,361 | $524,131,414 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,543,500 | $751,322 |
| Amount due to related parties | 619,652 | 660,259 |
| Income tax payable | 130,415 | 130,415 |
| Accrued expense and other payable | 753,447 | 2,393,667 |
| Total current liabilities | 3,047,014 | 3,935,663 |
| Non-current liabilities: | ||
| Deferred tax liabilities | 37,321,830 | 64,616,342 |
| Total non-current liabilities | 37,321,830 | 64,616,342 |
| Total liabilities | $40,368,844 | $68,552,005 |
| Stockholders’ Equity: | ||
| Common stock: no par value; 76,264,374 and 4,882,556 issued and outstanding as of March 31,2026 and December 31,2025, respectively* | - | - |
| Additional paid-in capital | 464,369,804 | 303,245,965 |
| Retained earnings | 46,481,713 | 152,333,444 |
| Total Stockholders’ Equity | $510,851,517 | $455,579,409 |
| Total Liabilities and Stockholders’ Equity | $551,220,361 | $524,131,414 |
| * | On September 16, 2025, the Company effected a 200-for-1 reverse stock split of its common stock, resulting in the consolidation of every two hundred issued and outstanding shares into one share. The reverse stock split reduced the number of outstanding shares from approximately 566,265,135 to approximately 2,862,556. |
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The accompanying notes are an integral part of these financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.