---
title: "VIVIC CORP. SEC 10-Q Report"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275935313.md"
description: "Vivic Corp. has released its Form 10-Q report for the quarter ending December 31, 2025, showing no revenue and a net loss of $(126,147) million, a decrease of 86.90% from 2024. The company is focusing operations in the U.S. and Southeast Asia, discontinuing efforts in Taiwan. It aims to offer yachts for marine tourism and has entered a co-development agreement for an electric yacht. Vivic is also the exclusive distributor of Monte Fino yachts in select regions and plans to expand its product offerings and territories."
datetime: "2026-02-13T18:31:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275935313.md)
  - [en](https://longbridge.com/en/news/275935313.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275935313.md)
---

# VIVIC CORP. SEC 10-Q Report

Vivic Corp., a company specializing in the design and sale of luxury yachts, has released its Form 10-Q report for the quarter ending December 31, 2025. The report provides a comprehensive overview of the company's financial performance and strategic business decisions, reflecting significant changes in both financial metrics and operational focus.

**Financial Highlights**

-   **Total Revenue**: $0 million. The company reported no revenue for the three months ended December 31, 2025, compared to $44,243 for the same period in 2024.
-   **Gross Loss**: $0 million. There was no gross loss for the three months ended December 31, 2025, as the company had no sales.
-   **Loss from Operations**: $(126,552) million. The loss from operations decreased by 85.01% compared to the same period in 2024, primarily due to decreased general and administrative expenses and share-based compensation.
-   **Net Loss**: $(126,147) million. The net loss for the three months ended December 31, 2025, decreased by 86.90% compared to the same period in 2024.
-   **Net Loss Per Share of Common Stock – Basic**: $(0.005). The net loss per share improved from $(0.04) in the same period in 2024.

**Business Highlights**

-   **Geographical Performance**: In August 2025, Vivic Corp. decided to concentrate its operations in the United States and Southeast Asia, discontinuing its pursuit of the Taiwan market due to regulatory challenges. This strategic shift is expected to focus the company's efforts on regions with more favorable market conditions.
-   **Sales Units**: During the six months ended December 31, 2024, the company sold 100 yacht models to one of its directors below cost as a marketing strategy to promote and market its yachts to prospective purchasers.
-   **Operational Focus**: The company has shifted its operational focus to offering yachts specifically designed for marine tourism, group tours, business meetings, yacht clubs, and fractional ownership, differentiating itself from other yacht manufacturers.
-   **Product Offering**: Vivic Corp. designs and offers various yacht models under its brand name, 'VIVIC,' which are tailored for multiple user group scenarios, emphasizing open deck and cabin space suitable for group tours and business meetings.
-   **Supplier and Distribution**: The company's principal supplier and distributor in mainland China is Weiguan Ship, which provides yacht production, delivery, and after-sales services based on Vivic's designs. Weiguan Ship remits 15% of the order amount of each yacht as a 'VIVIC' brand usage fee.
-   **Exclusive Distribution**: Vivic Corp. is the exclusive distributor of Monte Fino yachts in the People's Republic of China, the Philippines, and the Middle East, focusing on increasing sales of luxury yachts in the 70 to 150-foot range.
-   **Future Outlook**: The company plans to expand the yacht brands it offers for sale and the territories in which it markets yachts. It is also exploring opportunities to become the exclusive distributor for yacht manufacturers in the United States, Southeast Asia, and other territories.
-   **New Product Development**: Vivic Corp. has entered into an Electric Catamaran Yacht Co-Development Agreement with Acel Power Inc. to collaborate on the development of an electric yacht, indicating a move towards sustainable and innovative product offerings.

SEC Filing: VIVIC CORP. \[ VIVC \] - 10-Q - Feb. 13, 2026

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