$SDOT

Sadot Group Inc.

CIK:0001701756|SEC Filings

Condensed Consolidated Statement of Operations and Other Comprehensive (Loss) / Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Commodity sales		$ 114,338		$ 246,506
Other revenues		52		52
Cost of goods sold		(109,403)		(235,559)
Gross profit		4,987		10,999
Depreciation and amortization expenses	(174)	(27)	(174)	(54)
Stock-based expenses	265	(419)	(94)	(1,847)
Sales, general and administrative expenses	(891)	(2,771)	(3,057)	(5,852)
Income (loss) from continuing operations	(800)	1,770	(3,325)	3,246
Other income	3		3
Interest expense, net	(1,861)	(1,237)	(3,695)	(2,778)
Change in fair value of stock-based compensation				778
Loss on impairment			(93)
Loss on litigation	(481)		(606)
Gain on Deconsolidation	42,397		42,397
Income / (loss) on debt extinguishment	788	(192)	526	(192)
Income (loss) from continuing operations before income tax	40,046	341	35,207	1,054
Income tax (expense) benefit
Net income (loss) from continuing operations	40,046	341	35,207	1,054
Discontinued Operations:
Income (loss) from discontinued operations, net of income taxes	29	(55)		52
Net income (loss) from discontinued operations	29	(55)		52
Net income (loss)	40,075	286	35,207	1,106
Net income (loss) attributable to non-controlling interest		103		221
Net income (loss) attributable to Sadot Group Inc.	40,075	389	35,207	1,327
Foreign exchange translation adjustment		(59)	(5)	(57)
Unrealized gain / (loss)		88
Unrealized gain / (loss), net of income tax
Total other comprehensive income / (loss)		29	(5)	(57)
Total comprehensive income (loss)	40,075	315	35,202	1,049
Comprehensive income (loss) attributable to non-controlling interest		103		221
Total comprehensive income (loss) attributable to Sadot Group Inc.	$ 40,075	$ 418	$ 35,202	$ 1,270
Net income / (loss) from continuing operations per share attributable to Sadot Group Inc.:
Basic	$ 71.66	$ 11.71	$ 109.56	$ 38.15
Diluted	71.53	11.69	109.16	38.13
Basic	0.05	(1.89)		1.88
Diluted	$ 0.05	$ (1.89)		$ 1.88
Basic	558,804	29,122	321,346	27,626
Diluted	559,859	29,175	322,513	27,643

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities
Net Income / (loss)	$ 35,202,000	$ 1,106,000
Adjustments to reconcile net income / (loss) to net cash used in operating activities:
Depreciation and amortization expenses	174,000	54,000
Amortization of debt discount	1,532,000	1,178,000
Stock-based expenses	397,000	1,847,000
Impairment of fixed assets	16,000
Accretion of note discount	38,000
Gain on Deconsolidation of subsidiary	(42,691,000)
Change in fair value of stock-based compensation		(778,000)
Bad debt expense	383,000	317,000
Loss of debt extinguishment	110,000	192,000
Write-off of unamortized debt discount on conversion	313,000
Notes payable capitalized interest	57,000
Changes in operating assets and liabilities:
Accounts receivable, net		(26,439,000)
Notes receivable		668,000
Other current assets	62,000	57,676,000
Other non-current assets	10,000
Accounts payable and accrued expenses	2,425,000	6,520,000
Other current liabilities		(45,457,000)
Other non-current liabilities	661,000
Operating right to use assets and lease liabilities, net	93,000
Deferred revenue		(2,251,000)
Net cash (used in) / provided by operating activities	(1,218,000)	(5,367,000)
Net cash (used in) / provided by operating activities - discontinued operations		124,000
Cash Flows from Investing Activities
Deconsolidation of subsidiary	(271,000)
Net cash (used in) / provided by investing activities	(271,000)
Net cash (used in) / provided by investing activities - discontinued operations
Cash Flows from Financing Activities
Proceeds from notes payable	1,000,000	10,002,000
Proceeds from issuance of Series A Preferred Stock	145,000
Payment of debt issuance costs	(10,000)
Repayments of notes payables	(182,000)	(6,024,000)
Net cash provided by financing activities	953,000	3,978,000
Net cash used in financing activities - discontinued operations		(42,000)
Foreign exchange translation adjustment	7,000	(57,000)
Net (decrease) increase in cash, cash equivalents, and restricted cash	(529,000)	(1,364,000)
Cash – beginning of period	653,000	1,786,000
Cash – end of period	124,000	422,000
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	16,000	3,399,000
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Conversion of notes payable into common stock	(3,675,000)	(1,241,000)
Conversion of stock	3,675,000	1,241,000
Issuance of promissory note for acquisition of Anira TradeOS	5,000,000
Issuance of common stock for purchase option, Anat Attia	1,612,000
Issuance of Series B preferred stock and common stock for acquisition of Anira TradeOS	$ 7,013,000

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash (includes $0 and $0.27 million of restricted cash as of June 30, 2026 and December 31, 2025)	$ 124	$ 653
Accounts receivable, net of allowance for doubtful accounts of $2.4 million and $27.8 million as of June 30, 2026 and December 31, 2025, respectively		383,000
Other current assets	70	1,721
Total current assets	194	2,757
Right to use assets		110
Property and equipment, net	4	20
Intangible assets, net	10,825
Purchase Option - Membership Interest	1,612
Other non-current assets		10
Total assets	12,635	2,897
Current liabilities:
Accounts payable and accrued expenses	8,468	47,335
Notes payable, net of discount of $0.08 million and $0.1 million as of June 30, 2026 and as of December 31, 2025, respectively	5,243	10,196
Other current liabilities	94	27
Total current liabilities	13,805	57,558
Notes payable, non-current, net of discount of $1.0 million and $0 million as of June 30, 2026 and as of December 31, 2025, respectively	4,024
Other non-current liabilities	661	84
Total liabilities	18,490	57,642
Shareholders’ (deficit):
Common stock, $0.0001 par value, 12,500,000 shares authorized, 977,260 and 75,385 shares issued and outstanding as of June 30, 2026, and December 31, 2025, respectively	2	1
Additional paid-in capital	132,948	119,268
Accumulated deficit	(141,445)	(176,647)
Accumulated other comprehensive (loss)	(27)	(34)
Total Sadot Group Inc. shareholders’ (deficit)	(8,522)	(57,412)
Non-controlling interest	2,667	2,667
Total shareholders’ (deficit)	(5,855)	(54,745)
Total liabilities and shareholders’ (deficit)	12,635	2,897
Series A Preferred Stock [Member]
Shareholders’ (deficit):
Preferred stock value
Series B Preferred Stock [Member]
Shareholders’ (deficit):
Preferred stock value