WEED, INC. (BUDZ) Form 10-Q — Aug 14, 2026
WEED, Inc. filed its 10-Q for the quarter ended June 30, 2026 reporting zero revenue for the quarter and first half, with a net loss of $104,132 for Q2 2026 and $279,392 for the six months, an improvement from $548,071 a year earlier. The company disclosed substantial doubt about its ability to continue as a going concern: cash was just $1,066, working capital was negative $1,435,565, stockholders' equity was negative $939,171, and the accumulated deficit reached $86,554,873. Operations are funded almost entirely by related-party loans from officers Glenn Martin and Nicole Breen, with a monthly burn rate of roughly $2,600.
Key figures
- Eps
- -0.002 (six months ended June 30, 2026); -0.001 (Q2 2026)
- Revenue
- 0
- Total Debt
- 553603
- Total Assets
- 504025
- Cash Position
- 1066
- Shares Outstanding
- 148312685
- Total Liabilities
- 1443196
- Accumulated Deficit
- 86554873
- Negative Working Capital
- 1435565
- Stock Options Outstanding
- 6000000
- Asset Retirement Obligation
- 35800
- Nol Carryforward Cumulative
- 20062847
- Accrued Officer Compensation
- 459750
- Notes Payable Related Parties
- 553603
- Shares Issued For Services1 H2026
- 880000
- Value Shares Issued For Services1 H2026
- 26400
- Stock Options Weighted Avg Exercise Price
- 10.55
AI analysis
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