SUPA Consolidated Q2 Loss Deepens to $228K; Cash Dwindles to $15K, Going Concern Warning Reiterated
SFCX filed a Earnings and Guidance on light trading volume (0.1× avg).
Summary
SUPA Consolidated reported a Q2 net loss of $228,331 with zero revenue and cash of just $14,989. The going concern warning remains, and a material weakness in financial controls was disclosed. A board and CEO overhaul is set for August 10.
Key Events · Earnings and Guidance · SFCX
-
Q2 Loss Widens, No Revenue
Net loss of $228,331 for Q2 2026, up from $162,619 a year ago. Six-month loss of $414,399 vs. $22,955 in H1 2025. The company has generated no revenue since pivoting to food tech vending machines.
-
Cash Near Zero, Working Capital Deficit Deepens
Cash fell to $14,989 as of June 30, 2026. Current liabilities of $1.5 million create a working capital deficit of $1,501,469. The company relied on $274,000 in related-party advances to stay afloat during the quarter.
-
Going Concern Warning Reiterated
Management states there is substantial doubt about the company's ability to continue as a going concern. The accumulated deficit reached $3.5 million, and the company has no committed sources of additional capital.
-
Material Weakness in Internal Controls
Disclosure controls and procedures were not effective as of June 30, 2026, due to a material weakness in internal control over financial reporting. The company performed additional procedures to ensure the financial statements are fairly stated.
Analysis · SFCX · Trade & Services
SUPA Consolidated's Q2 2026 filing paints a dire picture. The company has no revenue, a net loss of $228,331 for the quarter, and only $14,989 in cash against $1.5 million in current liabilities. The working capital deficit widened to $1.5 million. Management reiterates substantial doubt about the company's ability to continue as a going concern. A material weakness in internal controls persists. On the governance front, a shareholder consent effective August 10 will replace the CEO and board, but the underlying business remains a pre-revenue vending machine operation with no clear path to funding.
At the time of this filing, SFCX was trading at $0.07 on OTC in the Trade & Services sector, with a market capitalization of approximately $21.6M. The 52-week trading range was $0.00 to $1.00. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.