ESG Inc. (ESGH) Form 10-Q — May 15, 2026
ESG Inc. reported zero revenue for the first quarter of 2026, a complete collapse from $1.59 million in the prior year period, driven by the suspension of its China-based mushroom operations. The company posted a net loss of $884,050 and disclosed a working capital deficiency of approximately $6.9 million, with only $206,391 in cash on hand. Management explicitly stated that these conditions raise substantial doubt about the company’s ability to continue as a going concern.
Key figures
- Revenue
- 0
- Revenue Yoy
- -100%
- Cash Position
- 206391
- Shares outstanding
- 25902268
- Short term bank loans
- 6236675
- Convertible notes payable
- 475000
Price after filing
Close on the filing date to close N calendar days later (from $2.00). Historical, not a forecast.
AI analysis
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