Triller Group Inc 2026年季度报告

FORM 10-Q (Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicateby check mark whether the registrant is a shell company(as defined in Rule 12b-2 of the ExchangeAct):Yes☐No☒ Securities registered pursuant to Section 12(b) of the Act: Triller Group Inc.Quarterly Report on Form 10-Q TABLE OF CONTENTS Page PART I – FINANCIAL INFORMATIONItem 1.Financial Statements1Condensed Consolidated Balance Sheets1Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss2Unaudited Condensed Consolidated Statements of Changes in Stockholders’ Deficit3Unaudited Condensed Consolidated Statements of Cash Flows5Notes to Unaudited Condensed Consolidated Financial Statements6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations53Item 3.Quantitative and Qualitative Disclosures about Market Risk70Item 4.Control and Procedures70PART II – OTHER INFORMATIONItem 1.Legal Proceedings71Item 1A.Risk Factors71Item 2.Unregistered Sales of Equity Securities and Use of Proceeds72Item 3.Defaults Upon Senior Securities72Item 4.Mine Safety Disclosures72Item 5.Other Information72Item 6.Exhibits72SIGNATURES73 PART I – FINANCIAL INFORMATION Cash and cash equivalents$2,130$3,065Restricted cash12,79314,196Accounts receivable, net1,1312,873Loans and notes receivables, net11192Deposit, prepayments, and other receivables, net1,6521,860Assets held for sale4692,003Total current assets18,17524,089 Non-current assets:Loans receivables, net1,0131,034Long-term investments, net25,62424,930Long-term investments, net, related party524525Total non-current assets27,16226,489 LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITYCurrent liabilities: Accounts payable and other current liabilities$147,553$149,901Other current liabilities, related parties1,0781,251Escrow liabilities12,79314,196Borrowings48,80112,707Borrowings, related party—29,181Convertible debts, net—32,552Convertible debts, related party53,10653,106Promissory notes payable33,966Warrant liabilities977977Operating lease liabilities, current1,8881,867Total current liabilities300,188295,738 TOTAL LIABILITIES300,512296,545 Stockholders’ deficit:Preferred stock, $0.001 par value, 100,000,000 shares authorizedSeries A-1 preferred stock, $0.001 par value, 50,000,000 shares authorized, 11,801,804 and11,801,804 shares issued and outstanding as of March 31, 2025 and December 31, 2024,respectively1212Series B preferred stock, $0.001 par value, 50,000,000 shares authorized,30,851 and 30,851 sharesissued and outstanding as of March 31, 2025 and December 31, 2024, respectively—*—Common stock, $0.001 par value; 150,000,000,000 shares authorized, 153,267,991 and 138,143,817shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively153138Series A-1 preferred stock to be issued1212Common stock to be issued1515Common stock held in escrow2424 *Less than $1,000 See accompanying notes to unaudited condensed consolidated financial statements. TRILLER GROUP INC. AND ITS SUBSIDIARIESUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS(Currency expressed in thousands of United States Dollars, except for number of shares) Loan interest income$18$41Commissions4,4166,723Recurring asset management service fees346650Recurring asset management service fees, related parties242Advertising revenue——SaaS fees——Subscription fee and paid-per-view fees——Total revenues4,7817,656 See accompanying notes to unaudited condensed consolidated financial statements. TRILLER GROUP INC. AND ITS SUBSIDIARIESUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ (DEFICIT)EQUITY*(Currency expressed in thousands of United States Doll