SONIC LIGHTING, INC.

CIK:0002068074|SEC Filings

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)

3 Months Ended

9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Income Statement [Abstract]

Revenues

$ 18,928,907

$ 18,186,786

$ 55,044,610

$ 60,978,809

Cost of revenues

(15,155,154)

(12,889,868)

(40,068,834)

(43,442,519)

Gross profit

3,773,753

5,296,918

14,975,776

17,536,290

Operating expenses

Selling and marketing

(1,536,703)

(2,139,155)

(5,768,399)

(6,152,821)

General and administrative

(3,162,847)

(3,534,932)

(10,498,297)

(10,507,036)

Total operating expenses

(4,699,550)

(5,674,087)

(16,266,696)

(16,659,857)

Operating (loss) income

(925,797)

(377,169)

(1,290,920)

876,433

Other income (expense), net

Interest expenses

(1,699)

(12,468)

Other income

415,023

367,328

2,094,110

985,421

Total other income, net

415,023

365,629

2,094,110

972,953

(Loss) income before income tax expense

(510,774)

(11,540)

803,190

1,849,386

Income tax benefit (expense)

68,308

(587)

236,859

(21,526)

Net (loss) income

(442,466)

(12,127)

1,040,049

1,827,860

Total comprehensive (loss) income

$ (442,466)

$ (12,127)

$ 1,040,049

$ 1,827,860

(Loss) Earnings per share – basic

$ (0.03)

$ 0.07

$ 0.13

(Loss) Earnings per share – diluted

$ (0.03)

$ 0.07

$ 0.13

Basic weighted average shares outstanding

^[1]

14,000,000

Diluted weighted average shares outstanding

^[1]

14,000,000

[1]	Shares and per share data are presented on a retroactive basis to reflect the common stock issuance and share subdivision.

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Net income	$ 1,040,049	$ 1,827,860
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of plant and equipment	177,425	182,306
Amortization of operating lease right-of-use assets and interest of lease liabilities	2,465,520	2,401,668
Allowance for expected credit losses	(21,335)	94,532
Deferred tax benefit	(627,016)	(3,221)
Provision for inventory valuation allowance	340,432	80,043
Change in assets and liabilities:
Accounts receivable, net	(2,241,909)	431,809
Prepayments and other assets, net	2,383,355	(1,454,236)
Inventories, net	3,487,468	(5,995,884)
Income tax recoverable	(787,386)	(446,402)
Accounts payable	(3,050,864)	5,345,613
Contract liabilities	173,450	(128,372)
Operating lease liabilities	(2,349,335)	(2,170,117)
Accrued expenses and other liabilities	324,594	232,458
Net cash provided by operating activities	1,314,448	398,057
Cash flows from investing activity:
Purchases of plant and equipment	(21,645)	(81,073)
Net cash used in investing activity	(21,645)	(81,073)
Cash flows from financing activities:
Repayments of short-term bank loans		(3,000,000)
Deferred IPO costs	(570,588)
Dividends paid	(350,000)	(1,238,287)
Repayment from (advances to) a stockholder	163,439	(500)
Net cash used in financing activities	(757,149)	(4,238,787)
Net increase (decrease) in cash and equivalents	535,654	(3,921,803)
Cash and equivalents, beginning of period	153,203	4,562,292
Cash and equivalents, end of period	688,857	640,489
Supplemental disclosures of cash flow information:
Current state income tax	402,543	44,000
Current federal income tax	775,000
Income tax paid	1,177,543	44,000
Interest received	23,827	124,569
Interest paid		12,468
Supplemental disclosure of non-cash investing and financing activities:
Operating Lease Right-Of-Use Assets Obtained in Exchange for Operating Lease Liabilities		$ 642,446