绿专资本 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2026 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number 001-38308 Greenpro Capital Corp.(Exact name of registrant as specified in its charter) B-23A-02, G-Vestor Tower,Pavilion Embassy, 200 Jalan Ampang,50450W.P. Kuala Lumpur,Malaysia(Address of principal executive offices, including zip code) Registrant’s phone number, including area code(60) 3 8408-1788 Securities registered pursuant to Section 12(b) of the Act: Name of Each Exchange on Which RegisteredNASDAQ Capital Market Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such 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 be submittedpursuant to Rule 405 of Regulation S-T (section 232.405 of this chapter) during the preceding twelve months (or shorter period thatthe 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, or a smallerreporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” or an “emerginggrowth company” in Rule 12b-2 of the Exchange Act. (Check one): Accelerated filer☐Smaller reporting company☒Emerging Growth company☐ Large Accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS: Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) ofthe Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.☐Yes☐No APPLICABLE ONLY TO CORPORATE ISSUERS: Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. As of May 8, 2026, there were 18,033,123 shares of the registrant’s Common Stock issued and outstanding. TABLE OF CONTENTS PART IFINANCIAL INFORMATION3ITEM 1.CONDENSED CONSOLIDATED FINANCIAL STATEMENTS:3Condensed Consolidated Balance Sheets - March 31, 2026 (Unaudited) and December 31, 2025 (Audited)3Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - Three Months EndedMarch 31, 2026 and 20254Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) - Three Months EndedMarch 31, 2026 and 20255Condensed Consolidated Statements of Cash Flows (Unaudited) - Three Months Ended March 31, 2026 and20256Notes to Condensed Consolidated Financial Statements (Unaudited) - Three Months Ended March 31, 2026 and20257ITEM 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OFOPERATIONS27ITEM 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK36ITEM 4.CONTROLS AND PROCEDURES36PART IIOTHER INFORMATION37ITEM 1.LEGAL PROCEEDINGS37ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS40ITEM 3.DEFAULTS UPON SENIOR SECURITIES41ITEM 4.MINE SAFETY DISCLOSURES41ITEM 5.OTHER INFORMATION41ITEM 6.EXHIBITS41SIGNATURES422 Item 1. Condensed Consolidated Financial Statements. GREENPRO CAPITAL CORP.CONDENSED CONSOLIDATED BALANCE SHEETSAS OF MARCH 31, 2026 AND DECEMBER 31, 2025(In U.S. dollars, except share and per share data) March 31, 2026December 31, 2025(Unaudited)(Audited) See accompanying notes to the condensed consolidated financial statements. GREENPRO CAPITAL CORP.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSSFOR THE THREE MONTHS ENDED MARCH 31, 2026 AND 2025(In U.S. dollars, except share and per share data)(Unaudited) GROSS PROFIT OPERATING EXPENSES:General and administrative expenses (including $32,405 and $23,152 of general and administrative expenses to related parties for the three months ended March31, 2026 and 2025, respectively)(1,217,520)(948,046) NET LOSS ATTRIBUTED TO COMMON STOCKHOLDERS OFGREENPRO CAPITAL CORP. See accompanying notes to the condensed consolidated financial statements. GREENPRO CAPITAL CORP.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWSFOR THE THREE MONTHS E