Sono Group N.V. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission, reporting a net loss of $5,145 thousand for the nine months ended September 30, 2026 alongside a newly established Bitcoin treasury position.

Key Highlights

  • Net loss of $5,145 thousand for the nine months ended September 30, 2026, compared to net income of $7,423 thousand in the same period of 2025, according to the filing.
  • Bitcoin treasury of $4,442 thousand in digital assets appeared on the balance sheet as of September 30, 2026, with no such position reported at December 31, 2025.
  • Digital asset treasury income (loss), net was reported as $729 thousand for the three months ended September 30, 2026 and a loss of $161 thousand for the nine-month period.
  • Total assets of $5,595 thousand as of September 30, 2026, up from $1,671 thousand at December 31, 2025, the filing disclosed.
  • Total shareholders' equity (deficit) of negative $1,587 thousand as of September 30, 2026, compared to negative $126 thousand at December 31, 2025.
  • Convertible notes payable of $4,376 thousand appeared as a current liability as of September 30, 2026, with no comparable balance at year-end 2025.
  • Ordinary shares outstanding of 4,095,162 as of October 27, 2026, up from 1,424,834 at December 31, 2025, per the filing.

Sono Group Reports Quarterly Results and Bitcoin Treasury Adoption

According to the Form 10-Q filed for the quarterly period ended September 30, 2026, Sono Group N.V. (NASDAQ:SSM) reported income from continuing operations of $647 thousand for the three months ended September 30, 2026, compared to a loss from continuing operations of $301 thousand in the same quarter of 2025. For the nine-month period, the company reported a loss from continuing operations of $2,688 thousand, against income of $11,207 thousand in the prior-year nine-month period. The filing noted zero revenue for all periods presented.

The company disclosed a new digital asset treasury strategy, with $4,442 thousand in Bitcoin recorded on the balance sheet as of September 30, 2026. The filing reported "digital asset treasury income (loss), net" of $729 thousand for the three months ended September 30, 2026 and a net loss of $161 thousand on that line for the nine-month period. Derivative liabilities related to written covered Bitcoin call options were listed at $4 thousand as of September 30, 2026. The filing also disclosed a "gain on change in fair value of debt and derivative instruments" of $1,079 thousand for the three months ended September 30, 2026 and $1,541 thousand for the nine-month period.

General and administrative expenses were $603 thousand for the three months ended September 30, 2026, compared to $797 thousand in the same quarter of 2025. For the nine months, G&A expenses totaled $2,896 thousand versus $1,995 thousand in the prior-year period. The filing also reported a loss from discontinued operations of $2,457 thousand for the nine months ended September 30, 2026 and zero for the three-month period. As of September 30, 2026, the company carried an accumulated deficit of $338,535 thousand. Shares authorized for ordinary shares increased to 121,296,814 from 120,000,000 at December 31, 2025, the filing noted.

What Was Disclosed

Sono Group N.V. filed its unaudited quarterly report covering the period ended September 30, 2026, disclosing a net loss of $5,145 thousand for the nine-month period, a new Bitcoin treasury position of $4,442 thousand, and a shareholders' deficit of $1,587 thousand.