TEN Holdings, Inc. (NASDAQ:XHLD)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Loses money on what it sells.
- Revenue
- $2.9M
- Net income
- -$19.5M
- Net margin
- -666.3%
Little or no net debt.
- Total debt
- $120K
- Cash
- $3.5M
- Debt / equity
- 0.04
Comfortably covers what is due within a year.
- Current assets
- $4.9M
- Current liabilities
- $2.0M
- Current ratio
- 2.47
Consumes cash and must keep raising it.
- Operating cash flow
- -$6.5M
- Free cash flow
- -$6.5M
- FCF margin
- -221.7%
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 12.0M
- Share growth (1y)
- 775.1%
- Cash runway
- 6 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
XHLD Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 |
| Revenue | $640.00 K | $731.00 K | $853.00 K | $706.00 K | $543.00 K | $1.12 M |
| Revenue Growth (YoY) | 17.86 % | -34.50 % | 15.43 % | -13.69 % | 1.50 % | 3.77 % |
| Cost of Revenue | $261.00 K | $104.00 K | $318.00 K | $164.00 K | $138.00 K | $175.00 K |
| Gross Profit | $379.00 K | $627.00 K | $535.00 K | $542.00 K | $405.00 K | $941.00 K |
| SG&A Expense | $4.11 M | $3.61 M | $3.38 M | $5.77 M | $2.19 M | $2.15 M |
| R&D Expense | $0.00 | $0.00 | $0.00 | $1.00 M | $0.00 | $0.00 |
| Operating Expenses | $4.12 M | $3.62 M | $3.38 M | $5.92 M | $2.33 M | $2.30 M |
| Operating Income | -$3.74 M | -$2.99 M | -$2.84 M | -$5.38 M | -$1.93 M | -$1.36 M |
| Pretax Income | -$3.73 M | -$2.98 M | -$2.90 M | -$9.90 M | -$1.99 M | -$2.78 M |
| Tax Provision | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$3.73 M | -$2.98 M | -$2.90 M | -$9.90 M | -$1.99 M | -$2.78 M |
| EPS (Basic) | -$0.31 | -$0.70 | -$0.73 | -$3.17 | -$1.45 | -$1.95 |
| EPS (Diluted) | -$0.31 | -$0.70 | -$0.73 | -$3.17 | -$1.45 | -$1.95 |
| Shares Outstanding | 12.00 M | 4.28 M | 3.98 M | 3.13 M | 1.37 M | 1.43 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.