T-REX Acquisition Corp. (TRXA) Form 10-Q — May 26, 2026
T-REX Acquisition Corp. reported a net loss of $2.58 million for the nine months ended March 31, 2026, with total revenue of just $12,094 from mining and hosting activities. The company disclosed a severe liquidity crisis, holding only $383 in cash against a working capital deficit of $1.9 million and an accumulated deficit of $12.1 million. The filing includes explicit going-concern language, stating there is substantial doubt about the company's ability to continue as a going concern.
Key figures
- Revenue
- 12094
- Total Debt
- 1918001
- Cash Position
- 383
- Shares outstanding
- 30149940
- Derivative liability
- 179212
- Bitcoin held fair value
- 150
AI analysis
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