Onar Holding Corp (ONAR) Form 10-Q — Jul 10, 2026

ONAR Holding reported revenue of $1.02 million for the quarter ended March 31, 2026, a 39% increase year-over-year, driven by recent acquisitions. Despite the revenue growth, the company incurred a net loss of $1.13 million and saw interest expenses surge to $802,502 due to high-cost financing required to fund operations and acquisitions. The company disclosed substantial doubt about its ability to continue as a going concern, citing a working capital deficit of $10.4 million and a cash balance that dwindled to just $11,213.

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