Risk factors

TEN Holdings (XHLD) risk factors

Item 1A of every TEN Holdings, Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    38 risks, 1 new, 4 dropped, 7 reworded since the prior year. The company faced severe financial deterioration with net losses surging to $19.5 million in 2025. Nasdaq listing compliance risks intensified, prompting a 1-for-15 reverse stock split. Dependency on majority stockholder V-Cube diminished.

    Filed Mar 18, 2026
  • FY2024 10-K risk factors

    41 risks. TEN Holdings relies heavily on a single customer generating 64.6% of revenue in 2024 and its controlling stockholder, V-Cube, Inc. The company faces intense webcasting competition, reported net losses of $3.0 million in 2024, and is introducing unproven AI features.

    Filed Mar 28, 2025