SPLASH BEVERAGE GROUP, INC.
For the period ended Sep 30, 2025. Filed Nov 19, 2025.
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, 2025 · Filed Nov 19, 2025
EDVA$0.17-7.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Loss
For the Three Months and Nine Months Ended September 30, 2025 and September 30, 2024
(Unaudited)
| Three months ended September 30 | Nine months ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Net revenues | — | 981,858 | 438,272 | 3,569,320 |
| Cost of goods sold | — | (690,839) | (468,715) | (2,870,256) |
| Gross profit | — | 291,019 | (30,443) | 699,064 |
| Operating expenses: | ||||
| Contracted services | 201,265 | 208,211 | 622,533 | 628,076 |
| Salary and wages | 1,018,508 | 1,101,700 | 2,716,235 | 3,579,801 |
| Non-cash share-based compensation | 7,751,596 | 186,682 | 7,946,217 | 2,085,671 |
| Other general and administrative | 564,477 | 1,236,098 | 1,825,884 | 3,371,139 |
| Sales and marketing | 8,833 | 227,921 | 68,497 | 645,187 |
| Total operating expenses | 9,544,679 | 2,960,612 | 13,179,366 | 10,309,874 |
| Loss from operations | (9,544,679) | (2,669,593) | (13,209,809) | (9,610,810) |
| Other income/(expense): | ||||
| Interest income | — | 736 | — | 1,571 |
| Interest expense | (320,013) | (890,471) | (1,582,405) | (2,045,131) |
| Other Income/Expense | 4,300 | (35) | 2,455 | (1,937) |
| Amortization of debt discount | (25,653) | (830,200) | (1,679,336) | (2,730,854) |
| Legal reserve | — | (330,000) | — | (330,000) |
| Loss on Extinguishment of debt | — | — | (5,560,482) | — |
| Total other income/(expense) | (341,366) | (2,049,969) | (8,819,768) | (5,106,351) |
| Provision for income taxes | — | — | — | — |
| Net loss | $(9,886,045) | $(4,719,562) | $(22,029,577) | $(14,717,161) |
| Other Comprehensive Income (Loss) | ||||
| Foreign currency translation loss | (1,277) | 85,074 | (47,179) | 77,819 |
| Total Comprehensive Income (Loss) | $(9,887,322) | $(4,634,488) | $(22,076,756) | $(14,639,342) |
| (Loss) per share - continuing operations | ||||
| Basic and diluted | $(4.51) | $(3.55) | $(11.16) | $(11.39) |
| Weighted average number of common shares outstanding - continuing operations | ||||
| Basic and diluted | 2,191,532 | 1,306,820 | 1,973,198 | 1,284,832 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.