0001213900-26-015257
SEC filingDatasea Inc. reported Q2 2026 (period ending December 31, 2025) revenues of $13.0 million, generating a gross profit of $1.2 million. The company incurred a net loss of $539 thousand, with a loss from operations of $517 thousand. Operating expenses totaled $1.7 million, driven by research and development ($733 thousand), general and administrative ($647 thousand), and selling expenses ($329 thousand). The balance sheet shows total assets of $8.6 million, with significant intangible assets of $5.3 million, and total liabilities of $5.2 million, including $3.7 million in bank loan payables. Cash flow from operations was positive at $1.5 million, primarily due to non-cash adjustments like stock compensation expense ($1.2 million) and depreciation ($1.1 million). Investing activities used $2.8 million for intangible asset acquisitions, while financing activities provided $1.3 million from stock issuance and loans. The company ended the period with $672 thousand in cash. No prior period QoQ or YoY comparisons are provided in the data.
Datasea Inc. reported financial results for Q2 2026 (period ending December 31, 2025). Revenue was $13.0 million, with cost of revenues at $11.8 million, resulting in a gross profit of $1.2 million. The company incurred a loss from operations of $517 thousand, driven by total operating expenses of $1.7 million, which included research and development ($733 thousand), general and administrative ($647 thousand), and selling expenses ($329 thousand). Net loss was $539 thousand, with a comprehensive loss attributable to the company of $507 thousand. Basic and diluted net loss per share was -$0, based on 9.2 million weighted average shares. No prior period QoQ or YoY comparisons are provided in the data.
The filing does not disclose segment breakdowns, geographic mix, or specific growth drivers for revenue. Revenue of $13.0 million is reported as a consolidated figure without further decomposition. The document provides no information on revenue by product line, service type, or customer segment. All revenue-related data is limited to the aggregate income statement figures provided in the XBRL data.
Gross margin was 9.2%, calculated from gross profit of $1.2 million on revenue of $13.0 million. Operating margin was -4.0%, based on an operating loss of $517 thousand. The cost structure shows cost of revenues at $11.8 million, representing 90.8% of revenue. Operating expenses totaled $1.7 million, with the largest components being research and development (43.1% of operating expenses), general and administrative (38.1%), and selling expenses (19.4%). No prior period margin comparisons are available.
Operating cash flow was positive $1.5 million, primarily due to non-cash adjustments including stock compensation expense ($1.2 million) and depreciation and amortization ($1.1 million). Investing activities used $2.8 million for acquisitions of intangible assets. Financing activities provided $1.3 million from net proceeds of common stock issuance ($5.9 million) and loan proceeds ($1.3 million), partially offset by repayments. Free cash flow (operating cash flow minus capital expenditures) was -$1.3 million. The balance sheet shows total assets of $8.6 million, with current assets of $3.0 million (including $672 thousand cash) and noncurrent assets of $5.6 million (including $5.3 million intangible assets). Total liabilities are $5.2 million, with current liabilities of $5.0 million (including $3.7 million bank loan payables). Stockholders' equity is $3.5 million.
The filing does not contain management guidance, strategic priorities, or specific risk factors related to future performance. No forward-looking statements, projections, or qualitative discussions about business outlook are provided in the document content or XBRL data. The analysis is limited to historical financial results for the quarter ended December 31, 2025.