- Cheetah Net Supply Chain Service published its annual report on Form 10-K for the year ended Dec. 31, 2025, reporting revenue of USD 1.3 million and net loss of USD 3.6 million.
- Revenue rose 182.7% to USD 1.3 million, driven by a full year of logistics and warehousing services from TWEW, while revenue from Edward fell 32.2% to USD 214,810 due to reduced customer demand and shipment volume tied to US-China trade uncertainty.
- Gross profit was USD 166,775 and general and administrative expenses were USD 3.6 million.
- Impairment loss expense was USD 731,307, including USD 568,532 of goodwill impairment related to Edward.
- Interest income increased 188.4% to USD 924,224, which management attributed to interest earned on a short-term loan receivable and certificates of deposit funded by net proceeds from public offerings closed in May and July 2024.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cheetah Net Supply Chain Service Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-032699), on March 20, 2026, and is solely responsible for the information contained therein.
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