Strategic Acquisitions, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 on November 6, 2026, reporting a net loss of $76,162 for the nine months ended September 30, 2026 and a stockholders' deficit of $32,093.

Key Highlights

  • Net loss (nine months): The company reported a net loss of $76,162 for the nine months ended September 30, 2026, compared with a net loss of $24,244 for the same period in 2025.
  • Share count increase: Shares issued and outstanding grew from 6,675,000 as of December 31, 2025 to 46,775,000 as of September 30, 2026, including 40,000,000 shares issued for cash proceeds of $40,000 in Q1 2026.
  • Stockholders' deficit: Total stockholders' equity (deficit) was $(32,093) as of September 30, 2026, compared with equity of $3,069 as of December 31, 2025.
  • Related-party notes payable: The company recorded $60,000 in notes payable to related parties as of September 30, 2026, compared with $0 as of December 31, 2025.
  • Cash position: Cash at the end of the period was $20,607, up from $508 at the beginning of the period, with net cash provided by financing activities of $100,000.
  • Zero revenue: The company reported $0 in total revenues for both the three- and nine-month periods ended September 30, 2026 and 2025.

Strategic Acquisitions Reports Q3 2026 Financial Results and Equity Shift

According to the filing, Strategic Acquisitions, Inc. (ticker: STQN, registered under Section 12(g), exchange listed as N/A) reported total assets of $27,907 as of September 30, 2026, consisting entirely of current assets: cash of $20,607 and prepaid expenses of $7,300. The company carried no non-current assets. Total liabilities were $60,000, comprised entirely of notes payable to related parties classified as non-current, with no current liabilities remaining as of the period end. The accumulated deficit stood at $557,825 as of September 30, 2026, compared with $481,663 as of December 31, 2025.

The filing disclosed that the company issued 40,000,000 shares for cash proceeds of $40,000 in Q1 2026 and an additional 100,000 shares for services valued at $1,000 in Q2 2026. No shares were issued during Q3 2026, leaving shares outstanding unchanged at 46,775,000 as of both June 30, 2026 and September 30, 2026, a figure also confirmed by the company as of November 3, 2026. Selling, general and administrative expenses totaled $76,162 for the nine months ended September 30, 2026, the sole operating expense category reported. No interest expense was recorded for any period presented.

Cash flows from operating activities reflected a net outflow of $79,901 for the nine months ended September 30, 2026. Financing activities provided $100,000, comprised of $60,000 in proceeds from related-party notes payable and $40,000 from the issuance of common stock. The company reported paying $0 in interest and $0 in taxes for the period. The filing identifies the company as a smaller reporting company and a non-accelerated filer, and indicates it is not a shell company.

What Was Disclosed

Strategic Acquisitions, Inc. disclosed its unaudited consolidated financial statements for the quarter ended September 30, 2026, showing zero revenue, a nine-month net loss of $76,162, a stockholders' deficit of $32,093, and 46,775,000 shares outstanding following a large share issuance earlier in the year.