Going Concern (worsened) — Net loss increased from $3.0M (2024) to $19.5M (2025); cash used in operations rose from $2.5M to $10.1M; auditor raised substantial doubt about ability to continue as going concern.
Sec Investigation (new) — SEC opened investigation into the company's initial public offering in October 2025, one day after federal grand jury subpoena was received.

NASDAQ: XHLD TEN Holdings, Inc. 10-K

TEN Holdings explores AI platform pivot as net loss balloons to $19.5M amid federal probes

Filed March 18, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 28, 2025 · ~2 min read

5 material changes detected in this filing.

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Generated by AI · Jun 4, 2026 9:38 PM