Hi-Great Group Holding Co (HIGR) Form 10-Q — Jun 12, 2026

Hi-Great Group Holding Company reported a net loss of $7,830 for the quarter ended March 31, 2026, on sales of $13,255. The company remains in a development stage with an accumulated deficit of $987,832 and total liabilities exceeding total assets by $255,766. The filing includes a going concern warning, noting the company has not established an ongoing source of revenues sufficient to cover operating costs and is dependent on debt and equity financing. Management also disclosed material weaknesses in internal controls, specifically citing a lack of an audit committee and lack of segregation of duties.

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