STI
Solidion Technology, Inc.6.52
-0.02-0.31%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
47.29MP/E (TTM)
-Basic EPS (TTM)
-2.96Dividend Yield
0%Recent Filings
8-K
Auditor switch to CBIZ
Solidion Technology switched auditors, engaging CBIZ CPAs as its independent registered public accounting firm effective November 26, 2025, after Audit Committee approval. No prior consultations occurred with CBIZ over the past two fiscal years or interim period. Clean transition. No disagreements or reportable events disclosed.
10-Q
Q3 FY2025 results
Solidion eked out $9.4K net sales in Q3 FY2025 ended September 30, 2025, up from zero a year ago, but posted a $1.7M operating loss—better than $4.2M last year—while grossing 53.8% margins. Net loss narrowed to $4.1M or $(1.33) diluted EPS from $6.6M or $(3.23), driven by lower SG&A yet hurt by $2.2M derivative fair-value hit; YTD swung to $3.0M profit or $0.60 diluted EPS (anti-dilution flagged) on $10.0M derivative gain offsetting $6.7M operating loss. Cash dwindled to $161K amid $3.6M operating burn, with $1.9M short-term notes (EF Hutton in default at 24%, Benesch at 10%) and no revolver. Post-quarter, Series C/D warrants converted to 3.4M shares under 12-month lock-up. Nasdaq compliance hangs by a thread.
8-K
Restates Q2 financials
Solidion Technology disclosed on November 14, 2025, that its Q2 2025 financials can't be trusted due to errors in Series A Warrants count and fair value, understating the latter by $2,260,650 as of June 30. Diluted EPS also miscounted shares. It will restate via 10-Q/A soon. Audit Committee approved; Deloitte consulted.
8-K
Deloitte dismissed post-10-Q
Solidion Technology dismissed Deloitte as its independent auditor on October 21, 2025, effective after filing its Q3 10-Q, while launching a competitive process for a replacement. Deloitte's 2024 audit opinion was clean, with no disagreements but prior material weaknesses in internal controls noted. Smooth transition hinges on new firm engagement.
8-K
Director resigns, Nasdaq non-compliance
Solidion Technology's board director Cynthia Ekberg Tsai resigned effective September 3, 2025, with no disagreements on operations or policies. This left the Audit Committee with two members, triggering non-compliance notice to Nasdaq on September 8 under Rule 5605(c)(2)(A). Nasdaq grants a cure period until the next annual meeting or September 3, 2026. Company plans quick independent director appointment.
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