Solidion Technology, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 9, 2026, reporting a net income of $244,423 for the third quarter and a net loss of $4,073,001 for the nine months ended September 30, 2026.

Key Highlights

  • Q3 Net Income: The company reported net income of $244,423 for the three months ended September 30, 2026, compared to a net loss of $4,092,145 in the same period of 2025.
  • Nine-Month Net Loss: For the nine months ended September 30, 2026, the company reported a net loss of $4,073,001, compared to net income of $2,988,626 for the same period of 2025 (restated).
  • Cash Position: Cash and cash equivalents rose to $26,154,004 as of September 30, 2026, from $204,725 as of December 31, 2025.
  • Stockholders' Equity Swing: Total stockholders' equity was $23,755,527 as of September 30, 2026, compared to a deficit of $7,185,574 as of December 31, 2025.
  • Revenue: Revenue for the three months ended September 30, 2026 was $41,638, up from $9,350 in the prior-year quarter; nine-month revenue was $251,978, compared to $13,350 for the same period of 2025.
  • Shares Outstanding: As of November 6, 2026, there were 9,411,893 shares of common stock issued and outstanding.
  • Derivative Gain: The company recorded a gain on extinguishment of derivative liability of $1,297,600 and a change in fair value of derivative liabilities of $1,241,242 in Q3 2026.

Solidion Technology Q3 2026 Financial Results and Balance Sheet Changes

According to the filing, Solidion Technology, Inc. (NASDAQ:STI), a Delaware corporation headquartered in Dallas, Texas, reported a swing to net income of $244,423 for the three months ended September 30, 2026, compared to a net loss of $4,092,145 in the third quarter of 2025. The company attributed the Q3 improvement largely to other income items, including a $1,241,242 change in fair value of derivative liabilities and a $1,297,600 gain on extinguishment of derivative liability, which offset an operating loss of $2,319,277 for the quarter.

For the nine months ended September 30, 2026, the registrant disclosed a net loss of $4,073,001 and an operating loss of $5,460,907. Total operating expenses for the nine-month period were $5,591,189, comprised of $1,106,035 in research and development costs and $4,485,154 in selling, general and administrative expenses, according to the filing. Nine-month revenue of $251,978 generated a gross profit of $130,282 for the period.

The balance sheet reflected significant changes from year-end. The filing reported total assets of $31,257,657 as of September 30, 2026, up from $4,796,854 as of December 31, 2025, driven primarily by the increase in cash and cash equivalents to $26,154,004 from $204,725. Total liabilities declined to $7,502,130 from $11,982,428 over the same period, with derivative liabilities falling to $565,700 from $4,772,600. The accumulated deficit stood at $167,445,540 as of September 30, 2026. Common shares issued and outstanding increased to 8,981,893 from 7,465,283 over the nine-month period, the filing stated.

What Was Disclosed

Solidion Technology filed its quarterly report covering the period ended September 30, 2026, disclosing a return to net income in Q3 driven by derivative-related gains, a materially improved cash position, and a shift from stockholders' deficit to positive stockholders' equity of $23,755,527.