Datacentrex, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the SEC on November 10, 2026, reporting a decline in quarterly revenue and a significant increase in accumulated deficit compared to year-end 2025.

Key Highlights

  • Quarterly revenue declined: Revenue for the three months ended September 30, 2026 was $1,736,681, down from $2,449,482 in the same period of 2025, according to the filing.
  • Nine-month revenue grew year-over-year: Revenue for the nine months ended September 30, 2026 was $5,829,668, compared to $4,537,694 for the same period in 2025.
  • Gross profit compressed in Q3: Gross profit for the three months ended September 30, 2026 was $79,536, versus $1,450,986 in Q3 2025, as cost of revenue rose to $1,657,145 from $998,496.
  • Accumulated deficit expanded: The accumulated deficit grew to $22,731,551 as of September 30, 2026, from $8,502,885 as of December 31, 2025.
  • New equity investment recorded: The balance sheet reflects an Investment in ELNG Equity LLC of $30,000,000 as of September 30, 2026, which was not present at December 31, 2025.
  • Common shares outstanding increased: As of November 10, 2026, there were 47,139,643 shares of common stock outstanding, up from 30,375,530 as of December 31, 2025.
  • Total assets increased: Total assets were $72,862,038 as of September 30, 2026, compared to $66,841,910 as of December 31, 2025.

Datacentrex Financial Position and Operating Results for the September 2026 Quarter

According to the filing, Datacentrex, Inc. (NASDAQ:DTCX) reported quarterly revenue of $1,736,681 for the three months ended September 30, 2026, a decrease from $2,449,482 in the comparable prior-year quarter. Cost of revenue for Q3 2026 was $1,657,145, up from $998,496 in Q3 2025, resulting in a gross profit of $79,536 for the quarter, compared to $1,450,986 a year earlier. General and administrative expenses were $935,781 for the three months ended September 30, 2026, roughly flat compared to $931,739 in Q3 2025. Depreciation and amortization for the quarter was $3,275,361, up from $2,177,123 in the prior-year quarter.

On the balance sheet, the company reported total assets of $72,862,038 as of September 30, 2026, an increase from $66,841,910 at December 31, 2025. The filing disclosed a new line item, Investment in ELNG Equity LLC, valued at $30,000,000 as of September 30, 2026. Cash and cash equivalents declined to $27,547,026 from $38,919,486 at year-end 2025, while digital assets at fair value decreased to $1,736,796 from $4,430,202. Equipment, net, fell to $8,774,925 from $18,537,452 at December 31, 2025.

Total stockholders' equity was $72,593,983 as of September 30, 2026, compared to $66,247,252 at December 31, 2025, the filing stated. The accumulated deficit increased to $22,731,551 from $8,502,885 over the same period. Additional paid-in capital rose to $95,552,451 from $74,993,819. The company is classified in the filing as a non-accelerated filer, smaller reporting company, and emerging growth company incorporated in Nevada.

What Was Disclosed

Datacentrex, Inc. filed a quarterly report covering the period ended September 30, 2026, disclosing unaudited condensed consolidated financial statements, including balance sheets, statements of operations, changes in stockholders' equity, and cash flows, along with management's discussion and analysis.