NeOnc Technologies Holdings, Inc. filed its quarterly report on Form 10-Q with the SEC on November 5, 2026, covering the period ended September 30, 2026, and reporting a significant increase in cash and a continued stockholders' deficit.

Key Highlights

  • Cash position: Cash and cash equivalents stood at $6,166,342 as of September 30, 2026, up from $58,729 at December 31, 2025, according to the filing.
  • Shares outstanding: The company reported 28,850,588 shares of common stock issued and outstanding as of November 5, 2026.
  • Stockholders' deficit: Total stockholders' deficit was $(13,172,315) at September 30, 2026, compared to $(17,507,729) at December 31, 2025.
  • Accumulated deficit: Accumulated deficit reached $(140,254,840) at September 30, 2026, versus $(112,754,655) at December 31, 2025.
  • Convertible notes retired: Convertible promissory notes, net of discount, were $0 at September 30, 2026, down from $5,952,066 at December 31, 2025.
  • Accrued restricted stock tax withholdings: This liability increased to $9,611,049 at September 30, 2026, from $2,769,482 at December 31, 2025.
  • Total assets: Total assets were $9,304,284 at September 30, 2026, compared to $2,823,634 at December 31, 2025.

NeOnc Technologies Balance Sheet Shifts in Third Quarter 2026

According to the Form 10-Q filed November 5, 2026, NeOnc Technologies Holdings, Inc. (NASDAQ:NTHI) reported a substantial increase in cash and cash equivalents, rising to $6,166,342 at September 30, 2026, from $58,729 at December 31, 2025. Total assets grew to $9,304,284 from $2,823,634 over the same period. The company is classified as a non-accelerated filer, a smaller reporting company, and an emerging growth company, as disclosed in the filing.

The filing shows total current liabilities of $22,241,387 at September 30, 2026, up from $20,040,681 at December 31, 2025. A notable component is accrued restricted stock tax withholding obligations, which increased to $9,611,049 from $2,769,482. The litigation settlement payable declined to $4,454,521 from $4,892,059. Convertible promissory notes, net of discount, fell to zero from $5,952,066 at year-end 2025, according to the balance sheet.

On the equity side, the company reported common stock of $0.0001 par value with 100,000,000 shares authorized. Shares issued and outstanding increased to 28,850,588 from 21,990,688 at December 31, 2025. Treasury stock grew to $(7,921,738), covering 1,079,543 shares, compared to $(2,706,307) for 302,766 shares at year-end 2025. Additional paid-in capital rose to $135,001,376 from $97,951,035. The accumulated deficit widened to $(140,254,840) from $(112,754,655). The filing notes that forward-looking statements contained in the report are subject to risks and uncertainties and are the company's own projections.

What Was Disclosed

NeOnc Technologies Holdings, Inc. filed its unaudited condensed consolidated balance sheet for September 30, 2026, showing increased cash, retired convertible notes, a larger accumulated deficit, and a reduced but still negative total stockholders' deficit compared to December 31, 2025.