V
VenHub Global, Inc.
VHUBCIK 0001972234NasdaqEmerging GrowthMisc Industrial & Commercial Machinery & EquipmentDelawareFY ends Dec 31
Period
FY 2025
Revenue
$864.5K
Net Income
$-62.40M
Total Assets
$3.62M
Equity
$-10.32M
Shares Out
85.06M
Op. Cash Flow
$-5.94M
Business
VenHub Global, Inc. designs and operates autonomous convenience stores using robotics and artificial intelligence, with no on-site staff required. The company manufactures, assembles, and distributes modular Smart Stores equipped with robotic picking, bagging, and delivery systems, and provides accompanying Software-as-a-Service solutions and operational analytics. VenHub operates through four subsidiaries handling manufacturing and assembly, software and support, intellectual property licensing, and company-owned store operations. The company currently operates two company-owned Smart Stores and pursues a hybrid model of direct ownership and third-party store-owner franchising.
Summary from 10-K filed 2026-07-01
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Total revenue | 864,450 | — | |
| Total cost of goods sold | 583,760 | — | |
| Gross profit | 280,690 | — | |
| General and administrative expenses | 37 | 7 | |
| Payroll and compensation | 1 | 1 | |
| Research and development | 1 | 875,975 | |
| Total operating expenses | 40 | 9 | |
| (Loss) income from operations | −39 | −9 | |
| Settlement expense | 22 | — | |
| Interest expense | 563,069 | 165,889 | |
| Change in fair value of convertible debt | 117,710 | 192,797 | |
| Total other expenses | 23 | 358,686 | |
| Income tax provision | — | — | |
| Net loss | −62 | −9 | |
| Net loss per share basic | −1.67 | −0.36 | |
| Net loss per share diluted | −1.67 | −0.36 | |
| Weighted average common shares outstanding - Basic | 37 | 26 | |
| Weighted average common shares outstanding diluted | 37 | 26 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 89,634 | 1 | — | |
| Inventory (note 2) | 1 | 900,543 | — | |
| Security deposit - current | 2,000 | — | — | |
| Deferred offering cost | — | 88,704 | — | |
| Prepaid expenses | 248,032 | 33,707 | — | |
| Total current assets: | 1 | 2 | — | |
| Security deposit | 79,566 | 16,074 | — | |
| Property and equipment, net (note 2) | 1 | 109,664 | — | |
| Right of use asset | 907,705 | 188,918 | — | |
| Total non-current assets: | 2 | 314,656 | — | |
| Total assets: | 4 | 3 | — | |
| Accounts payable and accrued expenses | 716,329 | 491,868 | — | |
| Interest payable - current | 89,148 | 65,889 | — | |
| Sales tax payable | 6,839 | — | — | |
| Customer deposits | 203,645 | 137,895 | — | |
| Current operating lease liability | 346,953 | 174,254 | — | |
| Deferred revenue (note 2) | 2 | — | — | |
| Accrued payroll and compensation (note 4) | 2 | 2 | — | |
| Convertible debt at fair value (note 9) | 5 | 4 | — | |
| Total current liabilities: | 11 | 6 | — | |
| Interest payable | 131,549 | — | — | |
| Right of use liability | 706,441 | 269,761 | — | |
| Promissory note (note 3) | 3 | — | — | |
| Total noncurrent liabilities: | 3 | 269,761 | — | |
| Total liabilities: | 14 | 6 | — | |
| Commitments and contingencies: (note 3 and 6) | — | — | — | |
| Common stock - $0.001 par value; 100,000,000 shares authorized; 75,024,356 shares issued and outstanding as of December 31, 2025 and 26,500,959 as of December 31, 2024 | 75,024 | 26,501 | — | |
| Additional paid-in capital | 72 | 16 | — | |
| Accumulated deficit | −82 | −20 | — | |
| Total stockholders deficit: | −10 | −4 | −859,758 | |
| TOTAL LIABILITIES & STOCKHOLDERS DEFICIT: | 4 | 3 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Settlement expense | 22 | — | |
| Share based compensation | 32 | 5 | |
| Depreciation expense | 104,642 | 48,279 | |
| Amortization of debt issuance costs | — | 100,000 | |
| Unrealized loss on convertible debt | 117,710 | 192,797 | |
| Inventory | −121,404 | −900,543 | |
| Deferred offering cost | 88,704 | −88,704 | |
| Promissory note interest | 50,930 | — | |
| Paid in kind interest capitalized | 266,442 | — | |
| Interest payable | 154,808 | 65,889 | |
| Prepaid expenses | −214,325 | −33,707 | |
| Deferred revenue | 2 | — | |
| Customer deposits | 65,750 | 71,750 | |
| Security deposit | −63,492 | — | |
| Change in operating right of use asset | −720,787 | 56,432 | |
| Change in operating right of use liability | 609,379 | −152,556 | |
| Accounts payable and accrued expenses | 224,461 | 471,689 | |
| Sales tax payable | 6,839 | — | |
| Accrued payroll and compensation | 436,021 | 1 | |
| Net cash (used) in operating activities | −6 | −4 | |
| Property and equipment, net | −1 | — | |
| Net cash (used) in investing activities | −1 | — | |
| Proceeds from crowdfunding | 795,891 | 2 | |
| Proceeds from convertible debt, net | 650,000 | 3 | |
| Proceeds from common stock issuance | — | 535,067 | |
| Proceeds from warrant issuance | 4 | — | |
| Proceeds from related party notes | 1 | −26,844 | |
| Net cash provided by financing activities | 6 | 5 | |
| Net (decrease) increase in cash and cash equivalents | −1 | 1 | |
| Interest paid | 90,790 | — | |
| Cash paid for settlement | 225,000 | — | |
| Common stock for settlement | 3 | — | |
| Common stock for services rendered | 6 | — |
Filings
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Frequently asked questions
What is VenHub Global, Inc.'s CIK number?
VenHub Global, Inc.'s SEC CIK number is 0001972234 (1972234). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find VenHub Global, Inc.'s SEC filings?
All of VenHub Global, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.