Sinda Ltd. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission for the quarterly period ended June 30, 2026, disclosing its unaudited condensed consolidated financial statements and related information.

Key Highlights

  • Cash position: Cash and cash equivalents were $204,305,075 as of June 30, 2026, compared to $10,804,841 as of December 31, 2025.
  • Total assets: Total assets were $220,531,328 as of June 30, 2026, up from $23,686,639 as of December 31, 2025.
  • Total liabilities: Total liabilities were $13,652,394 as of June 30, 2026, compared to $3,372,218 as of December 31, 2025.
  • Accounts payable: Accounts payable rose to $11,126,030 as of June 30, 2026, from $2,079,887 as of December 31, 2025.
  • Shares outstanding: As of August 14, 2026, there were 158,790,885 shares of common stock outstanding, par value $0.0001 per share.
  • Company classification: The registrant identified itself as a non-accelerated filer, smaller reporting company, and emerging growth company.

Sinda Ltd. Reports Significant Cash Increase and Balance Sheet Changes in Mid-2026

Sinda Ltd. (NYSE:SIND), a Delaware-incorporated company with principal executive offices in San Miguel de Allende, Guanajuato, Mexico, filed its Form 10-Q for the quarterly period ended June 30, 2026. According to the filing, cash and cash equivalents increased substantially to $204,305,075 as of June 30, 2026, from $10,804,841 as of December 31, 2025. Total current assets grew to $205,743,744 from $11,041,991 over the same period.

The filing also disclosed an increase in total liabilities to $13,652,394 from $3,372,218 at year-end 2025. Accounts payable rose markedly to $11,126,030 from $2,079,887, and accrued expenses increased to $1,287,454 from $225,158. The company's authorized share capital, according to the filing, stands at 3,500,000,000 shares of common stock at a par value of $0.0001 per share, with 148,936,013 shares of common stock noted in the balance sheet heading for the period, and 158,790,885 shares reported outstanding as of August 14, 2026.

The company's exploration assets were reported at $4,616,378 as of both June 30, 2026 and December 31, 2025. The filing noted that the company had not filed all reports required during the preceding 12 months, indicating "No" in response to that check mark item. The filing contains forward-looking statements that the company described as subject to risks including dependence on financing, history of negative operating cash flows and net losses, and reliance on the Sinda Property for future operating revenues. The company cautioned that "actual future events or results may differ materially from these statements."

What Was Disclosed

Sinda Ltd. disclosed its unaudited condensed consolidated balance sheet as of June 30, 2026, showing a sharp increase in cash and total assets alongside higher liabilities and accounts payable, with 158,790,885 shares of common stock outstanding as of August 14, 2026.