Sundance Strategies, Inc. (SUND) Form 10-Q — Aug 13, 2026
Sundance Strategies (SUND, OTCQB) reported zero revenue and a net loss of $213,145 for the quarter ended June 30, 2026, an improvement from the $607,994 loss a year earlier that had included a $388,511 loss on debt extinguishment. The balance sheet deteriorated further: cash fell to just $16,933 from $32,035 at March 31, 2026, the stockholders' deficit widened to $7.32 million, and total debt obligations stood at $6.16 million including accrued interest, most of it owed to related parties (Chairman Kraig Higginson, his entity Radiant Life LLC, board member Glenn Dickman, and Satco International).
Key figures
- Eps
- 0
- Revenue
- 0
- Total Debt
- 6156644
- Total Assets
- 22332
- Cash Position
- 16933
- Shares Outstanding
- 43063441
- Ga Expenses
- 111832
- Accounts Payable
- 452818
- Interest Expense
- 101313
- Total Liabilities
- 7342382
- Warrants Outstanding
- 18405002
- Monthly Operating Expenses
- 37000
- Related Party Notes Principal
- 3378747
- Warrants Issued During Quarter
- 160000
- Related Party Line Interest Rate
- 7.5%
- Available Under Promissory Notes
- 55000
- Available Under Related Party Lines
- 4177253
- Satco Note And Debenture Interest Rate
- 8%
- Available Under Convertible Debenture
- 3000000
- Weighted Average Warrant Exercise Price
- 0.7
- Net Cash Provided By Financing Activities
- 80000
AI analysis
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