Wenyuan Group Corp. (WYGC) Form 10-Q — May 20, 2026
Wenyuan Group Corp. reported zero revenue and a net loss of $63,674 for the quarter ended March 31, 2026, citing decreased market demand. The company holds only $151 in cash against total liabilities of $132,003, resulting in a working capital deficit of $104,718. Management disclosed substantial doubt about the company’s ability to continue as a going concern, noting an accumulated deficit of nearly $22 million and dependence on additional financing or shareholder loans to survive.
Key figures
- Revenue
- 0
- Total Debt
- 132003
- Total Assets
- 55937
- Cash Position
- 151
- Shares Outstanding
- 82610375
- Operating Expenses
- 63416
Price after filing
Close on the filing date to close N calendar days later (from $0.41). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.