Solidion Technology Inc. disclosed preliminary unaudited estimated financial results for FY 2025 in connection with an S-1 registration for a public offering of up to 2,000,000 shares of common stock or pre-funded warrants. Net sales are estimated at $0 to $13,350 (vs. $0 in 2024), with net loss widening to $(30-38) million (vs. $(25.9) million in 2024), and cash declining to $0.2-0.25 million while total debt rises to $2.9-2.95 million.
Key takeaways
Filed S-1 on 2026-02-12 for offering up to 2M shares or pre-funded warrants
FY2025 net sales estimated $0 (low) to $13,350 (high) vs. $0 in 2024
FY2025 net loss estimated $(38M) (high) to $(30M) (low) vs. $(25.9M) in 2024
Cash & equivalents as of Dec 31, 2025: $200K-$250K (down from $3.35M at Dec 31, 2024)
Total debt as of Dec 31, 2025: $2.9M-$2.95M (up from $1.92M at Dec 31, 2024)
Increased net loss due to non-cash losses on derivative liabilities from Forward Purchase Agreement and Series A-D warrants