STRATEGIC ACQUISITIONS INC /NV/
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
View on SEC.govAbout this filing
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.
Sep 30, 2026 · Filed Nov 6, 2026
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What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2026-06-30; filed 2026-08-14.
0001493152-26-038019
Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONSCurrent report: 10-Q
Period ended 2026-09-30; filed 2026-11-06.
0001493152-26-050372
Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONSThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 57 previous paragraphs and 37 current paragraphs.
22 unchanged; 5 reworded; 10 added; 30 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 4 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (10)
Current report
Overview and Market Classification Update
Current report
Strategic Acquisitions, Inc. (the “Company,” “we,” “us” or “our”) continues to identify and evaluate strategic opportunities. Management strictly monitors our market tier positioning to ensure alignment with our capital strategy and regulatory footprint. During the current fiscal year, we transitioned our market classification from the OTC Pink Limited Market to the OTC ID Basic Market. This transition to the OTC ID Basic Market aligns with our current reporting framework and provides an appropriate baseline for our outstanding public float and trading visibility as we structure future corporate actions.
Current report
Corporate Governance Updates
Current report
During the quarter ended September 30, 2026, our Board of Directors established an Audit Committee and a Risk Committee. The formation of these committees is designed to enhance our corporate governance, strengthen internal financial controls, and formalize our risk management frameworks as we continue to scale our operations and evaluate new strategic initiatives.
Current report
Three Months Ended September 30, 2026, compared to Three Months Ended September 30, 2025
Current report
Nine Months Ended September 30, 2026, compared to Nine Months Ended September 30, 2025
Current report
We generated no revenue for the nine months ended September 30, 2026, and 2025. Operating expenses for the nine months ended September 30, 2026, increased to $76,162 compared to $24,244 for the same period in 2025. This increase was primarily driven by higher professional, legal, and accounting fees associated with our corporate structuring, adjusting journal entries (including the amortization of prepaid OTC membership expenses), and regulatory filings. Consequently, we recognized a net loss of $76,162 for the nine months ended September 30, 2026.
Current report
As of September 30, 2026, we had cash of $20,607 and total current assets of $27,907, compared to $508 and $5,388, respectively, as of December 31, 2025. For the nine months ended September 30, 2026, net cash used in operating activities was $79,901, primarily driven by our net loss of $76,162 and an increase in prepaid expenses of $2,420, partially offset by stock issued for services.
Current report
Subsequent Events
Current report
Subsequent to the quarter end, on October 25, 2026, the Company executed a corporate resolution for an additional $20,000 related-party loan from John P. O’Shea. Management believes that our current cash balance, combined with the subsequent $20,000 related-party loan executed in October 2026, provides sufficient capital resources to sustain our operations for the next 12 months.
Removed paragraphs (30)
Previous report
● absence of contracts with customers or suppliers;
Previous report
● our ability to maintain and develop relationships with customers and suppliers;
Previous report
● the retention and availability of key personnel;
Previous report
● general economic and business conditions;
Previous report
● substantial doubt about our ability to continue as a going concern;
Previous report
● our ability to successfully implement our business plan;
Previous report
● our need to raise additional funds in the future;
Previous report
● our ability to successfully recruit and retain qualified personnel in order to continue our operations;
Previous report
● our ability to successfully acquire, develop or commercialize new products;
Previous report
● the commercial success of our products;
Previous report
● the impact of any industry regulation;
Previous report
Comparison of the Three Months Ended June 30, 2026 to the Three Months Ended June 30, 2025:
Previous report
Revenues
Previous report
Operating Expenses
Previous report
Total operating expenses were $24,563 for the three months ended June 30, 2026, as compared to $2,547 for the three months ended June 30, 2025. The increase of approximately $22,016 was primarily attributable to higher professional fees associated with the Company’s public company reporting activities and consulting services rendered during the period.
Previous report
Comparison of the Six Months Ended June 30, 2026 to the Six Months Ended June 30, 2025:
Previous report
Revenues
Previous report
There was no revenue for the six months ended June 30, 2026 and 2025.
Previous report
Operating Expenses
Previous report
Total operating expenses were $63,280 for the six months ended June 30, 2026, as compared to $27,591 for the six months ended June 30, 2025. The increase of approximately $35,689 was primarily driven by higher professional fees, OTC market membership expense, consulting fees, and share-based compensation of $1,000 associated with shares issued for services during the second quarter of 2026.
Previous report
As of June 30, 2026, we had cash on hand of $32,349, as compared to cash on hand of $508 as of December 31, 2025. The increase in cash on hand of $31,841 is primarily the result of $60,000 in proceeds from non-recourse related party notes payable and $40,000 in proceeds from the sale of common stock, partially offset by $68,159 in cash used in operating activities.
Previous report
The Company’s operating activities consume the majority of its cash resources. The Company anticipates that it will continue to incur operating losses as it executes its development plans for 2026, as well as other potential strategic and business development initiatives. In addition, the Company has had and expects to have negative cash flows from operations, at least into the near future.
Previous report
Although no assurances can be given as to the Company’s ability to deliver on its revenue plans or that unforeseen expenses may arise, management currently believes that equity and debt financing, will provide the necessary funding for the Company to continue as a going concern for the next twelve months.
Previous report
Working Capital (Deficiency)
Previous report
Cash Flows
Previous report
Operating Activities
Previous report
Net cash used in operating activities was $(68,159) for the six months ended June 30, 2026, consisting of a net loss of $(63,280), adjusted for non-cash share-based compensation of $1,000, an increase in prepaid expenses of $(3,560), and a decrease in accounts payable and accrued expenses of $(2,319). Net cash used in operating activities was $(27,278) for the six months ended June 30, 2025, consisting of a net loss of $(27,591), adjusted for a decrease in prepaid expenses of $864 and a decrease in accounts payable and accrued expenses of $(551).
Previous report
Investing Activities
Previous report
There were no investing activities in the six months ended June 30, 2026 and 2025.
Previous report
Financing Activities
Reworded paragraphs (5)
Previous wording
This Quarterly Report on Form 10-Q includes forward-looking statements that reflect management’s current views with respect to future events and financial performance. Forward-looking statements are statements in respect of future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. These statements include statements regarding the intent, belief or current expectations of our management team, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risk and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks set forth in the section entitled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed with the U. S. Securities and Exchange Commission (the “SEC”) on April 6, 2026, any of which may cause our company’s or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied in our forward-looking statements. These risks and factors include, by way of example and without limitation:
Current wording
This Quarterly Report on Form 10-Q includes forward-looking statements that reflect management’s current views with respect to future events and financial performance. Forward-looking statements are statements in respect of future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology.
Previous wording
There was no revenue for the three months ended June 30, 2026 and 2025.
Current wording
We generated no revenue for the three months ended September 30, 2026, and 2025. Operating expenses for the three months ended September 30, 2026, were $12,882, consisting primarily of professional fees and OTC membership expenses, resulting in a net loss of $12,882 for the quarter.
Previous wording
For the six months ended June 30, 2026, net cash provided by financing activities was $100,000, consisting of $60,000 in proceeds from non-recourse related party notes payable and $40,000 from the sale of 40,000,000 shares of common stock. For the six months ended June 30, 2025, net cash provided by financing activities was $7,700 , consisting of advances from a related party.
Current wording
Net cash provided by financing activities during the nine months ended September 30, 2026, was $100,000. This influx consisted of $40,000 from the issuance of common stock and $60,000 in non-recourse related party notes. The $60,000 non-recourse related party note remains outstanding as of September 30, 2026.
Previous wording
The unaudited condensed consolidated financial statements contained in this Quarterly Report on Form 10-Q have been prepared assuming that the Company will continue as a going concern. The Company has an accumulated deficit as of June 30, 2026 of $544,943.
Current wording
The unaudited condensed consolidated financial statements contained in this Quarterly Report on Form 10- Q have been prepared assuming that the Company will continue as a going concern. The Company has an accumulated deficit as of September 30, 2026 of $557,825.
Previous wording
During the six months ended June 30, 2026, the Company received $60,000 in non-recourse related party loans and $40,000 from the sale of common stock. If the Company does not generate additional revenue or equity and other debt financing from third parties, it will not have sufficient cash to meet its obligations for the next twelve months following the date of this Quarterly Report on Form 10-Q. There currently are no other arrangements or agreements for financing, and there can be no assurances that any other debt or equity financing will be available, or if available, on favorable terms. As such, these matters raise substantial doubt about the Company’s ability to continue as a going concern for a period of twelve months from the date of this Quarterly Report on Form 10-Q. The condensed consolidated financial statements in this Quarterly Report on Form 10-Q do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.
Current wording
During the nine months ended September 30, 2026, the Company received $60,000 in non-recourse related party loans and $40,000 from the sale of common stock. If the Company does not generate additional revenue or equity and other debt financing from third parties, it will not have sufficient cash to meet its obligations for the next twelve months following the date of this Quarterly Report on Form 10-Q. There currently are no other arrangements or agreements for financing, and there can be no assurances that any other debt or equity financing will be available, or if available, on favorable terms. As such, these matters raise substantial doubt about the Company’s ability to continue as a going concern for a period of twelve months from the date of this Quarterly Report on Form 10-Q. The condensed consolidated financial statements in this Quarterly Report on Form 10-Q do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.