Revenue: As of FY2026 Q1, the actual value is USD 4.58 M.EPS: As of FY2026 Q1, the actual value is USD -6.94.EBIT: As of FY2026 Q1, the actual value is USD -5.374 M.<h3>Segment Revenue</h3><ul><li>CEA Equipment and Systems Sales: $106,827 (Successor).</li><li>CEA Engineering and Other Services: $49,146 (Successor).</li><li>CEA Shipping and Handling: $988 (Successor).</li><li>Retail Vape Sales: $4,182,722 (Successor), $2,717,341 (Predecessor), $6,061,541 (Predecessor).</li><li>E-commerce Vape Sales: $220,675 (Successor), $165,818 (Predecessor), $735,688 (Predecessor).</li><li>Factory Direct Wholesale Vape Sales: $7,064 (Successor), $794 (Predecessor), $7,766 (Predecessor).</li><li>Franchise Fee Vape Sales: $0 (Successor), $0 (Predecessor), $122,887 (Predecessor).</li><li>Other Vape Sales: $12,336 (Successor), $43,736 (Predecessor), $30,389 (Predecessor).</li></ul><h3>Operational Metrics</h3><ul><li>Gross Profit: $1,372,592 (Successor), $926,152 (Predecessor), $2,903,948 (Predecessor).</li><li>Operating Expenses: $7,013,672 (Successor), $905,550 (Predecessor), $2,039,978 (Predecessor).</li><li>Operating Loss: -$5,641,080 (Successor), $20,602 (Predecessor), $863,970 (Predecessor).</li><li>Net Income (Loss): -$5,848,397 (Successor), $19,013 (Predecessor), $708,423 (Predecessor).</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: -$1,725,439 (Successor), -$238,442 (Predecessor), -$1,985 (Predecessor).</li><li>Net Cash Used in Investing Activities: -$10,644,080 (Successor), $0 (Predecessor), $0 (Predecessor).</li><li>Net Cash Provided by Financing Activities: $3,910,282 (Successor), $0 (Predecessor), $0 (Predecessor).</li></ul><h3>Unique Metrics</h3><ul><li>Allowance for Doubtful Accounts: $86,000 (Successor).</li><li>Deferred Revenue: $433,122 (Successor).</li><li>Warranty Reserve: $49,124 (Successor).</li></ul><h3>Future Outlook and Strategy</h3><h4>Core Business Focus</h4><ul><li>BNB Treasury Strategy: The company plans to use the net proceeds from the recent offering primarily to acquire BNB and engage in income-producing activities from the BNB held in treasury, including validation services, lending, or other decentralized finance services.</li><li>Revenue Recognition: The company expects to recognize all the revenue from the remaining backlog in 2025, although there is significant uncertainty regarding the timing of revenue recognition.</li></ul><h4>Non-Core Business</h4><ul><li>Acquisition of Fat Panda: The company completed the acquisition of Fat Panda, a leading retailer and manufacturer of vaping products in central Canada, which is expected to enhance its market share and product offerings.</li></ul><h4>Priority</h4><ul><li>Private Placement Offering: The company closed a private placement offering on August 5, 2025, delivering $500,000,000 in gross proceeds, with up to an additional $750,000,000 potentially receivable from the exercise of stapled warrants.</li><li>Asset Management Agreement: The company entered into an asset management agreement with 10X Capital Partners LLC to manage its digital assets in accordance with a defined treasury strategy focused on BNB and BNB equivalents.</li></ul>

CEA INDUSTRIES INC C/WTS 11/02/2027 (TO PUR COM) | 10-Q: FY2026 Q1 Revenue: USD 4.58 M