Earnings ·
TEN Holdings reports Q3 revenue of $640K and net loss of $3.7M
XHLDTEN Holdings, Inc.
TEN Holdings reported third-quarter 2026 revenue of $640,000, a 17.9% increase year over year, driven by the completion of prior customer engagements and new business. The company posted a net loss of $3,734,000, or $(0.31) per share, widening from $1,987,000 in the prior-year period due to a $1.8 million write-off of capitalized service contracts and approximately $0.5 million in legal expenses. Excluding these non-recurring items, underlying SG&A expenses declined by roughly 18%. The company also highlighted a strengthened balance sheet with total liabilities dropping 74% to $2.0 million and cash reserves rising to $3.6 million following a June equity offering. TEN Holdings operates as a technology company developing enterprise software solutions for digital experiences, virtual events, and webinars.