Next Technology Holding Inc filed its Form 10-Q for the quarterly period ended September 30, 2026 with the SEC on November 6, 2026, reporting total assets of $654,290,819 and disclosing a 100-for-1 reverse stock split completed in August 2026.

Key Highlights

  • Total assets of $654,290,819 as of September 30, 2026, up from $524,131,414 as of December 31, 2025, according to the filing.
  • Digital assets of $488,026,791 represented the largest single asset category on the September 30, 2026 balance sheet, compared to $516,153,485 at year-end 2025.
  • Cash and cash equivalents of $163,929,162 as of September 30, 2026, versus $5,623,944 as of December 31, 2025, the company disclosed.
  • 100-for-1 reverse stock split was effected on August 10, 2026, reducing outstanding shares from approximately 147,296,192 to a reduced figure, with 2,580,947 shares issued and outstanding as of September 30, 2026.
  • Total stockholders' equity of $596,523,417 as of September 30, 2026, compared to $455,579,409 as of December 31, 2025, per the filing.
  • Retained earnings declined to $119,881,038 as of September 30, 2026, from $152,333,444 as of December 31, 2025, the registrant reported.
  • 2,820,947 shares of common stock outstanding as of November 6, 2026, according to the cover page of the filing.

Next Technology Holding Balance Sheet and Capital Structure: September 30, 2026

Next Technology Holding Inc (NASDAQ:NXTT), a Wyoming-incorporated company headquartered in Kasukabe City, Saitama Prefecture, Japan, filed its quarterly report covering the period ended September 30, 2026. The filing shows total current assets of $654,290,819, driven primarily by digital assets of $488,026,791 and cash and cash equivalents of $163,929,162. Accounts receivable, net, stood at $255,000, and prepayments were $2,079,866, the company disclosed.

On the liabilities side, the registrant reported total current liabilities of $5,891,417, which included accounts payable of $1,293,500, amounts due to related parties of $966,626, income tax payable of $130,415, a contract liability of $2,850,000, and accrued expenses and other payables of $650,876. Non-current liabilities consisted of deferred tax liabilities of $51,875,985, bringing total liabilities to $57,767,402 as of September 30, 2026, down from $68,552,005 as of December 31, 2025.

The filing discloses that on August 10, 2026, the company effected a 100-for-1 reverse stock split of its common stock, "resulting in the consolidation of every one hundred issued and outstanding shares into one share," reducing outstanding shares from approximately 147,296,192. As of September 30, 2026, 2,580,947 shares were issued and outstanding, with additional paid-in capital of $476,642,379. The filing also notes that the company measures its Bitcoin holdings at fair value with changes recognized in net income, and identifies material weaknesses in disclosure controls and procedures and internal control over financial reporting as ongoing risk factors. Forward-looking statements in the report are the company's own and are subject to its cautionary language as described in the filing.

What Was Disclosed

Next Technology Holding Inc filed its 10-Q for the quarter ended September 30, 2026, reporting a balance sheet with $654,290,819 in total assets, $57,767,402 in total liabilities, and $596,523,417 in stockholders' equity, along with a 100-for-1 reverse stock split completed August 10, 2026.