$CD

Chaince Digital Holdings Inc.

CIK:0001527762|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Revenues:
Total revenues	$ 463,206	$ 233,504	$ 970,752	$ 258,569
Cost of revenue:
Total cost of revenue	(240,651)	(93,139)	(530,172)	(160,551)
Gross profit	222,555	140,365	440,580	98,018
Operating expenses:
Sales and marketing	(12,918)	(29,065)	(34,066)	(58,131)
General and administrative	(1,482,328)	(984,740)	(2,626,440)	(1,698,162)
Research and development	(83,542)		(167,084)
Provision for doubtful accounts	(41,853)		(40,795)
Total operating expenses	(1,620,641)	(1,013,805)	(2,868,385)	(1,756,293)
Operating loss from continuing operations	(1,398,086)	(873,440)	(2,427,805)	(1,658,275)
Interest income/(expenses), net	273,978	120,250	525,891	171,431
Other (expenses)/income, net	3		(111)	15
(Loss)/gain from market price of short-term investment	82,191	315	19,119	3,474
Loss on market price of stablecoins and digital assets	(110,597)	(13,831)	(388,967)	(82,423)
Gain/loss on share-based payment liability		(73,500)		(73,500)
Loss before provision for income taxes	(1,152,511)	(840,206)	(2,271,873)	(1,639,278)
Income tax benefits	103,779	58,786	136,488	154,096
Loss from continuing operations	(1,048,732)	(781,420)	(2,135,385)	(1,485,182)
Discontinued operations:
Discontinued operations	(56,268)	(764,932)	(322,059)	(1,362,648)
Net loss	(1,105,000)	(1,546,352)	(2,457,444)	(2,847,830)
Net loss attributable to holders of ordinary shares of Chaince Digital Holdings Inc.	(1,105,000)	(1,546,352)	(2,457,444)	(2,847,830)
Numerator
Net loss attributable to holders of ordinary shares of Chaince Digital Holdings Inc.	(1,105,000)	(1,546,352)	(2,457,444)	(2,847,830)
Continuing operations	$ (1,048,732)	$ (781,420)	$ (2,135,385)	$ (1,485,182)
Denominator
Weighted average shares used in calculating basic net loss per ordinary share	78,053,051	63,694,896	76,027,737	63,562,650
Weighted average shares used in calculating diluted net loss per ordinary share	78,053,051	63,694,896	76,027,737	63,562,650
Net loss per ordinary share
Basic	$ (0.01)	$ (0.02)	$ (0.03)	$ (0.04)
Diluted	(0.01)	(0.02)	(0.03)	(0.04)
Net loss per ordinary share from continuing operations
Basic	(0.01)	(0.01)	(0.03)	(0.02)
Diluted	(0.01)	(0.01)	(0.03)	(0.02)
Net loss per ordinary share from discontinued operations
Basic	(0.00)	(0.01)	(0.00)	(0.02)
Diluted	$ (0.00)	$ (0.01)	$ (0.00)	$ (0.02)
Net loss	$ (1,105,000)	$ (1,546,352)	$ (2,457,444)	$ (2,847,830)
Change in cumulative foreign currency translation adjustment	(207)	(8,501)	(433)	(12,248)
Comprehensive loss	(1,105,207)	(1,554,853)	(2,457,877)	(2,860,078)
Financial Services and Advisory Businesses [Member]
Revenues:
Total revenues	463,206	233,504	970,752	258,569
Cost of revenue:
Total cost of revenue	$ (240,651)	$ (93,139)	$ (530,172)	$ (160,551)

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net loss	$ (2,457,444)	$ (2,847,830)
Less: Net loss from discontinued operations	(322,059)	(1,362,648)
Net loss from continuing operations	(2,135,385)	(1,485,182)
Adjustments to reconcile net loss to net cash used in operating activities:
Provision for doubtful accounts	40,795
Depreciation of property and equipment	2,241	127,198
Exchange gains and losses	325	1,012
Loss/(gain) from market price of short-term investment	(19,119)	(3,474)
Loss on market price of stablecoins and digital assets	388,967	82,423
Gain/loss on share-based payment liability		73,500
Interest income from short-term investment and providing loans	(87,476)	(114,249)
Interest cost of convertible note and borrowing Filecoins		103,767
Share-based compensation	1,044,202	293,322
Non-cash revenue or gain	(246,249)
Non-cash expenses	11,667
Changes in operating assets and liabilities, net of effect of acquisitions:
Clearing deposit	42,471	(100,445)
Accounts receivable	119,831	(118,876)
Other receivables	1,509,409	202,703
Prepaid expenses and other current assets	(44,621)	(172,081)
Right-of-use assets	160,464	158,887
Deferred tax assets	(136,488)	(154,096)
Accounts payable	215,991
Advance from customers and deferred revenues	(83,717)	285,307
Other payables	44,137	258,740
Accrued expenses and other current liabilities	(412,441)	(282,926)
Lease liabilities	(101,541)	(187,281)
Net cash provided by / (used in) operating activities in continuing operations	313,463	(1,031,751)
Net cash used in operating activities in discontinued operations	(214,835)	(297,187)
Net cash provided by/ (used in) operating activities	98,628	(1,328,938)
Cash flows from investing activities:
Cash from receiving short-term investment interest and dividends	4,914	301
Cash from selling short-term investments	154,871
Cash from selling cryptocurrencies	2,891,714
Payments for purchasing digital assets	(125,828)
Payments for purchasing property and equipment	(11,336)
Cash paid for short-term investments	(9,698,900)	(1,094,896)
Net cash (used in)/provided by investing activities in continuing operations	(6,784,565)	(1,094,595)
Net cash provided by investing activities in discontinued operations
Net cash (used in)/provided by investing activities	(6,784,565)	(1,094,595)
Cash flows from financing activities:
Issuance of ordinary shares	3,839,040	8,041,900
Convertible notes		(4,000,000)
Financing costs		(375,000)
Net cash provided by financing activities in continuing operations	3,839,040	3,666,900
Net cash provided by financing activities in discontinued operations
Net cash provided by financing activities	3,839,040	3,666,900
Effect of exchange rate changes by continuing operations	210	53
Effect of exchange rate changes by discontinued operations
Effect of exchange rate changes	210	53
(Decrease)/increase in cash and cash equivalents	(2,846,687)	1,243,420
Cash and cash equivalents, beginning of the period	33,820,069	24,009,331
Cash and cash equivalents of continuing operations, end of the period	30,973,382	25,252,751
Cash and cash equivalents of discontinued operations, end of the period
Cash and cash equivalents, end of the period	$ 30,973,382	$ 25,252,751

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 30,973,382	$ 33,820,069
Clearing deposit	90,065	132,536
Short-term investments	12,803,368	2,243,567
Stablecoins	562,481	2,904,894
Digital assets	738,653	1,122,628
Accounts receivable	109,450	300,076
Interest receivable	204,502	38,056
Other receivables	2,212,968	2,231,491
Prepaid expenses and other current assets, net	14,833	19,807
Current assets of discontinued operations	19,195	2,366,332
Total current assets	47,728,897	45,179,456
Non-current assets:
Operating right-of-use assets, net	829,066	989,530
Property and equipment, net	16,102	7,007
Intangible assets, net	120,000	120,000
Deferred tax assets	249,320	112,832
Security deposit	63,648	63,648
Other long-term investments	122,600	122,600
Total non-current assets	1,400,736	1,415,617
TOTAL ASSETS	49,129,633	46,595,073
Current liabilities:
Deferred revenue	805,687	230,653
Accounts payable	271,139	149,018
Other payables	88,181	189,000
Accrued expenses and other current liabilities	222,689	459,923
Operating lease liabilities	346,192	270,497
Current liabilities of discontinued operations		457,985
Total current liabilities	1,733,888	1,757,076
Non-current liabilities:
Lease liabilities	603,367	780,603
Deferred tax liabilities	25,200	25,200
Total non-current liabilities	628,567	805,803
TOTAL LIABILITIES	2,362,455	2,562,879
Commitments and contingencies
Shareholders’ equity:
Ordinary shares ($0.004 par value, 1,000,000,000 shares authorized as of June 30, 2026, 79,443,800 and 72,883,130 shares issued and outstanding as of June 30, 2026 and December 31, 2025 respectively)	317,794	291,551
Subscription receivable	(882,360)
Additional paid-in capital	734,260,961	728,211,983
Accumulated deficit	(688,004,085)	(685,546,641)
Accumulated other comprehensive income	1,074,868	1,075,301
Total shareholders’ equity	46,767,178	44,032,194
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 49,129,633	$ 46,595,073