{"success":true,"data":{"pressRelease":{"id":"163564","rtpr_id":"nPn7bKdPfa-20261007","ticker":"SOS","exchange":"NYSE","all_tickers":["SOS"],"title":"SOS Limited Reports 2026 Interim Financial Results","author":"PR Newswire","published_at":"2026-10-07T20:10:00.058Z","article_body":"SOS Limited Reports 2026 Interim Financial Results\nPR Newswire\n\nNEW YORK, Oct. 7, 2026\n\nNEW YORK, Oct. 7, 2026 /PRNewswire/ -- SOS Limited (\"SOS\" or the \"Company\")\n(NYSE: SOS) today reported its interim financial results for the six-months\nended June 30, 2026.\n\nIn compliance with the New York Stock Exchange rules, the Form 6-K is\navailable on the Company's website athttp://www.sosyun.com\n(http://www.sosyun.com/) . In addition, all shareholders of the Company may\nrequest, free of charge, a hard copy of the Company's complete unaudited\ninterim financial statements furnished to the SEC. To request a hard copy of\nthe Company's unaudited interim financial statements, or for any other\ninquiry in respect of this press release, please contact the Investor\nRelations Department of the Company, whose contact information is as follows\nir@sosyun.com (mailto:ir@sosyun.com)\n\nInterim Financial Results from Operations\n\nSix months ended June 30, 2026 compared to June 30, 2025\n\nRevenue\n\nAs of June 30, 2026, SOS focuses on three product and service lines including\nCommodities Trading, Hosting Services and Others. Commodities Trading\ncontributes 97.6% of the total revenue, 2.0% from Hosting Services and 0.4%\nfrom Others.\n                                     Six months ended\n                                     June 30, 2026\n Revenue by Products and Services    US$                    Percentage\n Commodity Trading                        47,663                    97.6    %\n Hosting Services                         950                       2.0     %\n Others                                   212                       0.4     %\n Total revenue -net                  $    48,825                    100     %\n\n                                     Six months ended\n                                     June 30, 2025\n Revenue by Products and Services    US$                    Percentage\n Commodity Trading                        85,011                    94.9    %\n Hosting Services                         3,850                     4.3     %\n Others                                   734                       0.8     %\n Total revenue -net                  $    89,595                    100     %\n\n \n\nNet revenue was $48.8 million, down 45.5% from $85.6 million\nperiod-over-period. This decrease was primarily attributable to two factors:\n(1) the global economic slowdown prompted us to deliberately scale back\nbusiness activities in the first half of the year, in line with our plan; and\n(2) weakening domestic demand dampened our business and impeded our\noperations.\n Unaudited Condensed Consolidated Statements of Comprehensive Loss\n (US$ thousands, except share data and per share data, or otherwise notes)\n\n                     Six months ended\n                     June 30,                   June 30,\n\n2025\n2026\n                     US$                        US$\n Revenue                    89,595                     48,825\n Operating costs            (90,904)                   (52,498)\n Gross loss                 (1,309)                    (3,673)\n Gross loss ratio           (1.5)     %                (7.5)     %\n\nRevenue and Service by Products\n                                     Six months ended                            Six months ended\n                                     June 30, 2025                               June 30, 2026\n Revenue by Products and Services    US$                    Percentage           US$                    Percentage\n Commodity Trading                        85,011                    94.9    %         47,663                    97.6    %\n Hosting Services                         3,850                     4.3     %         950                       2.0     %\n Others                                   734                       0.8     %         212                       0.4     %\n Total                                    89,595                    100     %         48,825                    100     %\n\nOperating Costs and Expenses\n\nOperating costs were $52.5 million, decreased 42.2% period-on-period from\n$90.9 million in the six months ended June 30, 2025 which is consistent with\nour revenue decrease. Operating costs comprised of depreciation of hardware,\nelectricity power and depreciation from property equipment for cryptocurrency\nmining as well as costs of goods sold & warehouse rental for commodity\ntrading.\n\nSelling Expenses\n\nSelling expenses mainly relate to our commodity business and include\nfreight-out expenses, custom clearing agency fee, warehouse rental expense,\npromotional expense, sales commission and payroll expenses to sales team.\nSelling expenses increased to $2.6 million from $2.3 million for the six\nmonths ended June 30, 2025 mainly attributable to the higher transportation\ncosts.\n\nGeneral and Administrative Expenses\n\nGeneral and administrative expenses were $6.0 million, 36.0% down\nperiod-on-period from $9.4 millionin the six months ended June 30, 2025. The\ndecrease was mainly due to the fact that no depreciation expense of mining\nmachines is recorded for them in this period.\n\nNet Loss\n\nGAAP net loss was $34.5 million, compared to a net loss of $14.2 million at\nthe end of the six months ended June 30, 2025, representing an increase of\n142.8%. We concluded the period with a gross margin of -7.5%. Amid challenging\nmarket conditions, we proactively lowered our profit margin to retain existing\ncustomers and maintain market share — trading price for volume and building\na foundation for future business.\n\nIncome Tax\n\nThe Company paid $666 of corporate income tax for the current period as\ncompared to $3,000 at the end of the six months ended June 30, 2025.\n\nGAAP net loss attributable to ordinary shareholders was $34.4 million, as\ncompared to a net loss of $14.2 million in the six months ended June 30, 2025.\n\nGAAP Basic EPS was $(2.13) per share, as compared to $(2.09) per share in the\nsix months ended June 30, 2025.\n\nCash Flow\n                                                           Six                  Six\n\nmonths\nmonths\n                                                           ended                ended\n                                                           2025                 2026\n Net cash (used in)/generated from operating activities          (240,366)            223,724\n Net cash used in investing activity                             -                    -\n Net cash generated from/(used in) financing activities          6,817                (2)\n Effect of exchange rates on cash                                228                  4,941\n\n \n                                               Six months                   Six months\n                                               ended              ended\n                                               June 30,                     June 30,\n                                               2025               2026\n                                               Unaudited                    Unaudited\n                                               US$                          US$\n Cash flows from operating activities:\n Net loss                                              (14,216)                     (34,520)\n Adjustments:\n Depreciation and amortization                         4,871                        348\n Share-based compensation                              1,893                        1,990\n Amortization of right of use assets                   -                            2\n Disposition of NCI                                    6,240                        -\n Impairment of intangible assets                       -                            27,376\n Allowance for credit losses - accounts                -                            924\n receivable\n Allowance for credit losses - other                   -                            1,644\n\nreceivable\n Inventory impairment                                  -                            (5,843)\n Operating cash flows before                           (1,212)                      (8,079)\n\nmovements in working capital\n Changes in working capital:\n Inventory                                             1,233                        6,181\n Accounts receivable                                   (780)                        (555)\n Trading financial assets                              -                            999\n Other receivables                                     (250,915)                    222,842\n Amount due from related parties                       (16)                         (935)\n Accrued liabilities                                   6,916                        9,388\n Accounts payable                                      813                          (7,303)\n Tax payable                                           (55)                         (1)\n Other payables                                        3,650                        1,187\n Net cash used in operating activities                 (240,366)                    223,724\n Cash flows from financing activities:\n Repayment of principle portion of                     -                            (2)\n\nlease liabilities\n Proceeds from share issuance, net of                  6,817                        -\n issuance costs\n Net cash generated from financing                     6,817                        (2)\n\nactivities\n Net (decrease)/increase on cash and                   (233,549)                    223,722\n\ncash equivalents\n Cash and cash equivalents at beginning                237,484                      3,232\n of the period\n Effect of exchange rates on cash and                  228                          4,941\n\ncash equivalents\n Cash and cash equivalents at end of the               4,163                        231,895\n period\n Supplemental cash flow information\n Cash paid for income tax                              3                            6\n\nCash Flow Used in Operating Activities\n\nAs of June 30, 2026, the Company held $231.9 million in cash and cash\nequivalents, an increase of $228.7 million from the prior year. The majority\nof this increase stems from the recovery of USD 222.2 million in other\nreceivables.\n\nCash Flow Used in Investing Activity\n\nThe Company experienced nil investing activity for this period.\n\nCash Flow Used in Financing Activities\n\nThe Company has no significant financing activities for the six months ended\nJune 30, 2026.\n\nAbout SOS Limited\n\nSOS is an emerging blockchain-based and big data-driven marketing solution\nprovider. SOS is also engaged in blockchain and cryptocurrency operations,\nwhich currently include cryptocurrency mining and may expand into\ncryptocurrency security and insurance in the future. Since April 2021, we\nlaunched commodity trading via our subsidiary SOS International Trading Co.\nLtd and Weigou International Trading Co Ltd. Major trading commodity includes\nmineral resin, soy bean, wheat, sesame, liquid sulfur, petrol coke and latex\netc. For more information, please visit: http://www.sosyun.com/\n(http://www.sosyun.com/) .\n\nForward-Looking Statements\n\nCertain statements in this press release may constitute \"forward-looking\nstatements\" within the meaning of the federal securities laws, including, but\nnot limited to, our expectations for future financial performance, business\nstrategies or expectations for our business. These statements constitute\nprojections, forecasts and forward-looking statements, and are not guarantees\nof performance. SOS cautions that forward-looking statements are subject to\nnumerous assumptions, risks and uncertainties, which change over time. Words\nsuch as \"may,\" \"can,\" \"should,\" \"will,\" \"estimate,\" \"plan,\" \"project,\"\n\"forecast,\" \"intend,\" \"expect,\" \"anticipate,\" \"believe,\" \"seek,\" \"target,\"\n\"look\" or similar expressions may identify forward-looking statements.\nSpecifically, forward-looking statements may include statements relating to\nthe Company's:\n\n * ability to execute its business plan;\n * changes in the market for SOS' products and services; and\n * expansion plans and opportunities.\nThese forward-looking statements are based on information available as of the\ndate of this press release and our management's current expectations,\nforecasts and assumptions, and involve a number of judgments, risks and\nuncertainties that may cause actual results or performance to be materially\ndifferent from those expressed or implied by these forward-looking statements.\n\nThese risks and uncertainties include, but not are limited to, the risk\nfactors described by SOS in its filings with the Securities and Exchange\nCommission (\"SEC\"). These risk factors and those identified elsewhere in this\npress release, among others, could cause actual results to differ materially\nfrom historical performance and include, but are not limited to:\n\n * US government's policies and regulatory oversight of crypto-currency mining\noperation and our other operations;\n * SOS's cryptocurrency mining, commodity trading and marketing solutions\nbusinesses are still under development, with many uncertainties in integration\nof these various business segments;\n * Failure to manage the newly launched commodities trading business effectively;\n * Loss of key customers in the commodity trading business;\n * failure to access a large quantity of power at reasonable costs could\nsignificantly increase SOS operating expenses and adversely affect our demand\nfor SOS's mining activities;\n * shortages in, or rises in the prices of mining machines may adversely affect\nthe Company's business;\n * any significant or prolonged failure in the data warehouse facilities and data\nmining facilities that SOS operates or services it provides, including events\nbeyond its control, would lead to significant costs and disruptions and would\nreduce the attractiveness of its facilities, harm its business reputation and\nhave a material adverse effect on its results of operation;\n * security breaches or alleged security breaches of our data warehouses could\ndisrupt SOS operations and have a material adverse effect on its business,\nfinancial condition and results of operation; and\n * other risks and uncertainties indicated in SOS's SEC reports or documents\nfiled or to be filed with the SEC by SOS.\nAccordingly, forward-looking statements should not be relied upon as\nrepresenting our views as of any subsequent date, and you should not place\nundue reliance on these forward-looking statements in deciding whether to\ninvest in our securities. We do not undertake any obligation to update\nforward-looking statements to reflect events or circumstances after the date\nthey were made, whether as a result of new information, future events or\notherwise, except as may be required under applicable securities laws.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/sos-limited-reports-2026-interim-financial-results-302901291.html\n(https://www.prnewswire.com/news-releases/sos-limited-reports-2026-interim-financial-results-302901291.html)\n\nSOURCE SOS Ltd.\n\n\n\nSteven LI, +86-13816822093, stevenli@sosyun.com\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn7bKdPfa-20261007","title":"SOS Limited Reports 2026 Interim Financial Results","author":"PR Newswire","ticker":"SOS","created":"2026-10-07T20:10:00.058Z","tickers":["SOS"],"exchange":"NYSE","article_body":"SOS Limited Reports 2026 Interim Financial Results\nPR Newswire\n\nNEW YORK, Oct. 7, 2026\n\nNEW YORK, Oct. 7, 2026 /PRNewswire/ -- SOS Limited (\"SOS\" or the \"Company\")\n(NYSE: SOS) today reported its interim financial results for the six-months\nended June 30, 2026.\n\nIn compliance with the New York Stock Exchange rules, the Form 6-K is\navailable on the Company's website athttp://www.sosyun.com\n(http://www.sosyun.com/) . In addition, all shareholders of the Company may\nrequest, free of charge, a hard copy of the Company's complete unaudited\ninterim financial statements furnished to the SEC. To request a hard copy of\nthe Company's unaudited interim financial statements, or for any other\ninquiry in respect of this press release, please contact the Investor\nRelations Department of the Company, whose contact information is as follows\nir@sosyun.com (mailto:ir@sosyun.com)\n\nInterim Financial Results from Operations\n\nSix months ended June 30, 2026 compared to June 30, 2025\n\nRevenue\n\nAs of June 30, 2026, SOS focuses on three product and service lines including\nCommodities Trading, Hosting Services and Others. Commodities Trading\ncontributes 97.6% of the total revenue, 2.0% from Hosting Services and 0.4%\nfrom Others.\n                                     Six months ended\n                                     June 30, 2026\n Revenue by Products and Services    US$                    Percentage\n Commodity Trading                        47,663                    97.6    %\n Hosting Services                         950                       2.0     %\n Others                                   212                       0.4     %\n Total revenue -net                  $    48,825                    100     %\n\n                                     Six months ended\n                                     June 30, 2025\n Revenue by Products and Services    US$                    Percentage\n Commodity Trading                        85,011                    94.9    %\n Hosting Services                         3,850                     4.3     %\n Others                                   734                       0.8     %\n Total revenue -net                  $    89,595                    100     %\n\n \n\nNet revenue was $48.8 million, down 45.5% from $85.6 million\nperiod-over-period. This decrease was primarily attributable to two factors:\n(1) the global economic slowdown prompted us to deliberately scale back\nbusiness activities in the first half of the year, in line with our plan; and\n(2) weakening domestic demand dampened our business and impeded our\noperations.\n Unaudited Condensed Consolidated Statements of Comprehensive Loss\n (US$ thousands, except share data and per share data, or otherwise notes)\n\n                     Six months ended\n                     June 30,                   June 30,\n\n2025\n2026\n                     US$                        US$\n Revenue                    89,595                     48,825\n Operating costs            (90,904)                   (52,498)\n Gross loss                 (1,309)                    (3,673)\n Gross loss ratio           (1.5)     %                (7.5)     %\n\nRevenue and Service by Products\n                                     Six months ended                            Six months ended\n                                     June 30, 2025                               June 30, 2026\n Revenue by Products and Services    US$                    Percentage           US$                    Percentage\n Commodity Trading                        85,011                    94.9    %         47,663                    97.6    %\n Hosting Services                         3,850                     4.3     %         950                       2.0     %\n Others                                   734                       0.8     %         212                       0.4     %\n Total                                    89,595                    100     %         48,825                    100     %\n\nOperating Costs and Expenses\n\nOperating costs were $52.5 million, decreased 42.2% period-on-period from\n$90.9 million in the six months ended June 30, 2025 which is consistent with\nour revenue decrease. Operating costs comprised of depreciation of hardware,\nelectricity power and depreciation from property equipment for cryptocurrency\nmining as well as costs of goods sold & warehouse rental for commodity\ntrading.\n\nSelling Expenses\n\nSelling expenses mainly relate to our commodity business and include\nfreight-out expenses, custom clearing agency fee, warehouse rental expense,\npromotional expense, sales commission and payroll expenses to sales team.\nSelling expenses increased to $2.6 million from $2.3 million for the six\nmonths ended June 30, 2025 mainly attributable to the higher transportation\ncosts.\n\nGeneral and Administrative Expenses\n\nGeneral and administrative expenses were $6.0 million, 36.0% down\nperiod-on-period from $9.4 millionin the six months ended June 30, 2025. The\ndecrease was mainly due to the fact that no depreciation expense of mining\nmachines is recorded for them in this period.\n\nNet Loss\n\nGAAP net loss was $34.5 million, compared to a net loss of $14.2 million at\nthe end of the six months ended June 30, 2025, representing an increase of\n142.8%. We concluded the period with a gross margin of -7.5%. Amid challenging\nmarket conditions, we proactively lowered our profit margin to retain existing\ncustomers and maintain market share — trading price for volume and building\na foundation for future business.\n\nIncome Tax\n\nThe Company paid $666 of corporate income tax for the current period as\ncompared to $3,000 at the end of the six months ended June 30, 2025.\n\nGAAP net loss attributable to ordinary shareholders was $34.4 million, as\ncompared to a net loss of $14.2 million in the six months ended June 30, 2025.\n\nGAAP Basic EPS was $(2.13) per share, as compared to $(2.09) per share in the\nsix months ended June 30, 2025.\n\nCash Flow\n                                                           Six                  Six\n\nmonths\nmonths\n                                                           ended                ended\n                                                           2025                 2026\n Net cash (used in)/generated from operating activities          (240,366)            223,724\n Net cash used in investing activity                             -                    -\n Net cash generated from/(used in) financing activities          6,817                (2)\n Effect of exchange rates on cash                                228                  4,941\n\n \n                                               Six months                   Six months\n                                               ended              ended\n                                               June 30,                     June 30,\n                                               2025               2026\n                                               Unaudited                    Unaudited\n                                               US$                          US$\n Cash flows from operating activities:\n Net loss                                              (14,216)                     (34,520)\n Adjustments:\n Depreciation and amortization                         4,871                        348\n Share-based compensation                              1,893                        1,990\n Amortization of right of use assets                   -                            2\n Disposition of NCI                                    6,240                        -\n Impairment of intangible assets                       -                            27,376\n Allowance for credit losses - accounts                -                            924\n receivable\n Allowance for credit losses - other                   -                            1,644\n\nreceivable\n Inventory impairment                                  -                            (5,843)\n Operating cash flows before                           (1,212)                      (8,079)\n\nmovements in working capital\n Changes in working capital:\n Inventory                                             1,233                        6,181\n Accounts receivable                                   (780)                        (555)\n Trading financial assets                              -                            999\n Other receivables                                     (250,915)                    222,842\n Amount due from related parties                       (16)                         (935)\n Accrued liabilities                                   6,916                        9,388\n Accounts payable                                      813                          (7,303)\n Tax payable                                           (55)                         (1)\n Other payables                                        3,650                        1,187\n Net cash used in operating activities                 (240,366)                    223,724\n Cash flows from financing activities:\n Repayment of principle portion of                     -                            (2)\n\nlease liabilities\n Proceeds from share issuance, net of                  6,817                        -\n issuance costs\n Net cash generated from financing                     6,817                        (2)\n\nactivities\n Net (decrease)/increase on cash and                   (233,549)                    223,722\n\ncash equivalents\n Cash and cash equivalents at beginning                237,484                      3,232\n of the period\n Effect of exchange rates on cash and                  228                          4,941\n\ncash equivalents\n Cash and cash equivalents at end of the               4,163                        231,895\n period\n Supplemental cash flow information\n Cash paid for income tax                              3                            6\n\nCash Flow Used in Operating Activities\n\nAs of June 30, 2026, the Company held $231.9 million in cash and cash\nequivalents, an increase of $228.7 million from the prior year. The majority\nof this increase stems from the recovery of USD 222.2 million in other\nreceivables.\n\nCash Flow Used in Investing Activity\n\nThe Company experienced nil investing activity for this period.\n\nCash Flow Used in Financing Activities\n\nThe Company has no significant financing activities for the six months ended\nJune 30, 2026.\n\nAbout SOS Limited\n\nSOS is an emerging blockchain-based and big data-driven marketing solution\nprovider. SOS is also engaged in blockchain and cryptocurrency operations,\nwhich currently include cryptocurrency mining and may expand into\ncryptocurrency security and insurance in the future. Since April 2021, we\nlaunched commodity trading via our subsidiary SOS International Trading Co.\nLtd and Weigou International Trading Co Ltd. Major trading commodity includes\nmineral resin, soy bean, wheat, sesame, liquid sulfur, petrol coke and latex\netc. For more information, please visit: http://www.sosyun.com/\n(http://www.sosyun.com/) .\n\nForward-Looking Statements\n\nCertain statements in this press release may constitute \"forward-looking\nstatements\" within the meaning of the federal securities laws, including, but\nnot limited to, our expectations for future financial performance, business\nstrategies or expectations for our business. These statements constitute\nprojections, forecasts and forward-looking statements, and are not guarantees\nof performance. SOS cautions that forward-looking statements are subject to\nnumerous assumptions, risks and uncertainties, which change over time. Words\nsuch as \"may,\" \"can,\" \"should,\" \"will,\" \"estimate,\" \"plan,\" \"project,\"\n\"forecast,\" \"intend,\" \"expect,\" \"anticipate,\" \"believe,\" \"seek,\" \"target,\"\n\"look\" or similar expressions may identify forward-looking statements.\nSpecifically, forward-looking statements may include statements relating to\nthe Company's:\n\n * ability to execute its business plan;\n * changes in the market for SOS' products and services; and\n * expansion plans and opportunities.\nThese forward-looking statements are based on information available as of the\ndate of this press release and our management's current expectations,\nforecasts and assumptions, and involve a number of judgments, risks and\nuncertainties that may cause actual results or performance to be materially\ndifferent from those expressed or implied by these forward-looking statements.\n\nThese risks and uncertainties include, but not are limited to, the risk\nfactors described by SOS in its filings with the Securities and Exchange\nCommission (\"SEC\"). These risk factors and those identified elsewhere in this\npress release, among others, could cause actual results to differ materially\nfrom historical performance and include, but are not limited to:\n\n * US government's policies and regulatory oversight of crypto-currency mining\noperation and our other operations;\n * SOS's cryptocurrency mining, commodity trading and marketing solutions\nbusinesses are still under development, with many uncertainties in integration\nof these various business segments;\n * Failure to manage the newly launched commodities trading business effectively;\n * Loss of key customers in the commodity trading business;\n * failure to access a large quantity of power at reasonable costs could\nsignificantly increase SOS operating expenses and adversely affect our demand\nfor SOS's mining activities;\n * shortages in, or rises in the prices of mining machines may adversely affect\nthe Company's business;\n * any significant or prolonged failure in the data warehouse facilities and data\nmining facilities that SOS operates or services it provides, including events\nbeyond its control, would lead to significant costs and disruptions and would\nreduce the attractiveness of its facilities, harm its business reputation and\nhave a material adverse effect on its results of operation;\n * security breaches or alleged security breaches of our data warehouses could\ndisrupt SOS operations and have a material adverse effect on its business,\nfinancial condition and results of operation; and\n * other risks and uncertainties indicated in SOS's SEC reports or documents\nfiled or to be filed with the SEC by SOS.\nAccordingly, forward-looking statements should not be relied upon as\nrepresenting our views as of any subsequent date, and you should not place\nundue reliance on these forward-looking statements in deciding whether to\ninvest in our securities. We do not undertake any obligation to update\nforward-looking statements to reflect events or circumstances after the date\nthey were made, whether as a result of new information, future events or\notherwise, except as may be required under applicable securities laws.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/sos-limited-reports-2026-interim-financial-results-302901291.html\n(https://www.prnewswire.com/news-releases/sos-limited-reports-2026-interim-financial-results-302901291.html)\n\nSOURCE SOS Ltd.\n\n\n\nSteven LI, +86-13816822093, stevenli@sosyun.com\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-07T20:10:00.117422562Z","server_sent_at_ms":1791403800117},"received_at":"2026-10-07T20:10:00.288Z","source_url":"https://www.prnewswire.com/news-releases/sos-limited-reports-2026-interim-financial-results-302901291.html"},"analysis":{"id":"152020","press_release_id":"163564","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":["Revenue down 45.5% YoY with negative gross margin of -7.5%","Net loss more than doubled (up 142.8%) year-over-year","$27.4M intangible asset impairment plus credit-loss allowances on receivables","Business increasingly concentrated in low/negative-margin commodity trading (97.6% of revenue)","Positive operating cash flow driven by one-time receivables recovery, not core operations","G&A cut partly because no mining machine depreciation was recorded this period"],"eventType":"earnings","narrative":"SOS Limited reported H1 2026 net revenue of $48.8 million, down 45.5% from $89.6 million a year earlier, which management attributed to a deliberate scale-back amid global economic slowdown and weakening domestic demand.\n\nGAAP net loss widened 142.8% to $34.5 million (EPS of -$2.13), with gross margin turning negative at -7.5% and a $27.4 million intangible asset impairment included in the results.\n\nCash and equivalents rose to $231.9 million, driven mainly by recovery of $222.2 million in other receivables rather than operating performance; commodity trading now contributes 97.6% of revenue.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"SOS net loss doubles on 45% revenue collapse and $27M impairment; cash pile masks core-business deterioration."},"keyFigures":{"revenue":48825000,"revenueYoy":"-45.5%","customDimensions":{"gross_margin":"-7.5%","operating_costs":52498000,"operating_cash_flow":223724000,"cash_and_equivalents":231895000,"receivables_recovery":222200000,"intangible_asset_impairment":27376000}},"namedEntities":{"people":[{"name":"Steven LI","role":"Investor Relations contact"}],"products":["Commodity Trading","Hosting Services","cryptocurrency mining"],"companies":[{"name":"SOS Limited","ticker":"SOS"}],"dollarAmounts":[{"amount":"$48.8 million","context":"six-month 2026 net revenue, down 45.5% YoY"},{"amount":"$34.5 million","context":"GAAP net loss for six months ended June 30, 2026"},{"amount":"$52.5 million","context":"operating costs"},{"amount":"$231.9 million","context":"cash and cash equivalents at period end"},{"amount":"USD 222.2 million","context":"recovery of other receivables driving cash increase"},{"amount":"$27,376","context":"impairment of intangible assets (US$ thousands)"}]},"materialImpact":{"score":4,"reasoning":"Revenue fell 45.5% YoY, gross margin turned negative (-7.5%), and net loss more than doubled to $34.5M including a $27.4M intangible impairment. Material deterioration, though partly offset by a large receivables recovery boosting cash to $231.9M."},"tickerRelevance":{"others":[],"primary":"SOS"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap foreign issuer","eventGravity":"large revenue decline and widening losses","householdBrandBoost":0,"retailFavoriteBoost":"SOS has retail/meme following"}},"event_type":"earnings","event_type_secondary":null,"sentiment":"bearish","material_impact_score":4,"narrative":"SOS Limited reported H1 2026 net revenue of $48.8 million, down 45.5% from $89.6 million a year earlier, which management attributed to a deliberate scale-back amid global economic slowdown and weakening domestic demand.\n\nGAAP net loss widened 142.8% to $34.5 million (EPS of -$2.13), with gross margin turning negative at -7.5% and a $27.4 million intangible asset impairment included in the results.\n\nCash and equivalents rose to $231.9 million, driven mainly by recovery of $222.2 million in other receivables rather than operating performance; commodity trading now contributes 97.6% of revenue.","key_figures":{"revenue":48825000,"revenueYoy":"-45.5%","customDimensions":{"gross_margin":"-7.5%","operating_costs":52498000,"operating_cash_flow":223724000,"cash_and_equivalents":231895000,"receivables_recovery":222200000,"intangible_asset_impairment":27376000}},"named_entities":{"people":[{"name":"Steven LI","role":"Investor Relations contact"}],"products":["Commodity Trading","Hosting Services","cryptocurrency mining"],"companies":[{"name":"SOS Limited","ticker":"SOS"}],"dollarAmounts":[{"amount":"$48.8 million","context":"six-month 2026 net revenue, down 45.5% YoY"},{"amount":"$34.5 million","context":"GAAP net loss for six months ended June 30, 2026"},{"amount":"$52.5 million","context":"operating costs"},{"amount":"$231.9 million","context":"cash and cash equivalents at period end"},{"amount":"USD 222.2 million","context":"recovery of other receivables driving cash increase"},{"amount":"$27,376","context":"impairment of intangible assets (US$ thousands)"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-07T20:10:06.729Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"small-cap foreign issuer","eventGravity":"large revenue decline and widening losses","householdBrandBoost":0,"retailFavoriteBoost":"SOS has retail/meme following"}},"durationMs":6394,"modelName":"glm-5.3-flashx"}}