OneSolution Technology Inc. SEC 10-Q Report

OneSolution Technology Inc., a company specializing in the trading of arts and collectibles through blockchain and NFT technologies, has released its Form 10-Q report for the second quarter of 2025. The report provides insights into the company's financial performance and operational strategies, highlighting both achievements and challenges faced during the period.

Financial Highlights

Revenue, net: $19,221. The revenue remained steady compared to the same period last year, with a slight increase from $19,189 in 2024.

Gross profit: $7,688. Gross profit remained stable compared to $7,676 in the same period last year.

Loss from operation: $(307,611). The loss from operations increased significantly from $(161,764) in the same period last year, primarily due to increased sales and marketing expenses.

Net loss: $(307,611). The net loss widened compared to $(161,652) in the same period last year, driven by higher operating expenses.

Net loss per share – Basic and Diluted: $(0.00). The net loss per share remained unchanged from the same period last year, reflecting the company's ongoing financial challenges.

Business Highlights

Revenue Segments: The company's revenue for the three months ended June 30, 2025, was entirely derived from a single customer, Marvel Digital Group Limited, accounting for 100% of the revenue. This indicates a significant reliance on a single customer for revenue generation.

Geographical Performance: The company's operations are primarily conducted in Hong Kong, which influences its business, financial condition, and results of operations. The political, economic, and legal environments in Hong Kong, as well as the general state of Hong Kong’s economy, are critical to the company's performance.

Future Outlook: The company plans to expand its collectible sources worldwide and open its online trading platform to connect sellers and collectors, enabling transactions in exchange for platform and transaction fees. This expansion is expected to diversify revenue sources and reduce reliance on a single customer.

Operational Strategy: The company is leveraging blockchain technology to create Digital Ownership Tokens (DOTs) for its arts and collectibles business, enhancing transparency and security in transactions. This strategic use of technology is aimed at improving customer experience and operational efficiency.

SEC Filing: OneSolution Technology Inc. [ KRFG ] - 10-Q - Aug. 19, 2025