SDR Drone, Inc. (HLLK) Form 10-Q — Aug 14, 2026
SDR Drone, Inc. (formerly Hallmark Venture Group) reported no revenue for the quarter ended June 30, 2026, with a net loss of $142,657 for the quarter and $416,153 for the six months, against just $1,036 of cash on hand. Management disclosed substantial doubt about the company's ability to continue as a going concern, with no committed financing in place. On June 9, 2026, EQUORIX LLC acquired 100% of the Series A preferred stock (full voting control) and roughly 75.55% of the common stock from entities tied to former director Paul Strickland, ending the company's shell-company status and installing a new seven-member board.
Key figures
- Revenue
- 0
- Cash Position
- 1036
- Shares Outstanding
- 66877720
- Nol carryforwards
- 6034000
- Accumulated deficit
- 5731318
- Derivative liability
- 71228
- Negative working capital
- 254729
- Prior year q2 net income
- 637595
- Prior reverse split ratio
- 1:500
- Prior year period revenue
- 20872
- Total current liabilities
- 255765
- Acquired ip carrying value
- 0
- Stock payable remaining shares
- 3468993
- Equorix note advanced as of jun30
- 26520
- Equorix convertible note face value
- 100000
AI analysis
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