SGRX on Nasdaq

SANGRIX INC.

SANGRIX INC. is a finance services company in the Cayman Islands, listed on Nasdaq (SGRX).1

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Last updated Oct 21, 2026.

Overview

-$14.3MNet income, fiscal 20262

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  • TickerSGRX on Nasdaq1
  • IndustryFinance Services1
  • HeadquartersE91
  • Incorporated inCayman Islands3
  • Business address160 Robinson Road, 12F, Sbf Center, Singapore, 0689143
  • Filer categoryNon-accelerated filer3
  • Legal formCorporation

SonicHash Canada was formed on December 14, 2021 under the laws of Alberta, Canada. It is a subsidiary of SANGRIX. It is not currently engaging in any active business as of the date of this annual report.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

100.0%Gross margin2
-7574.9%Operating margin2
-11064.5%Net margin2
-98.6%Revenue growth, 20252
-112.0%Return on equity2

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs100¢$39.5K

Out of $39.5K in revenue.2 The company lost money this year.

Financial statements

Revenue56782$39.5K in 2025−100% since 2019
0$25.0M$50.0M$75.0M$100.0M2019: $99.1M$99.1M20192020: $24.2M$24.2M2020−76%2021: $80.5M$80.5M2021+232%2022: $6.3M$6.3M2022−92%2023: $6.3M$6.3M2023+0%2024: $2.9M$2.9M2024−54%2025: $39.5K$39.5K2025−99%
Gross profit56782$39.5K in 2025−100% since 2019
-$5.0M0$5.0M$10.0M2019: $8.7M$8.7M20192020: $2.0M$2.0M2020−77%2021: $3.0M$3.0M2021+48%2022: -$4.6M-$4.6M20222023: -$4.6M-$4.6M2023+0%2024: -$945.2K-$945.2K2024−79%2025: $39.5K$39.5K2025
Operating income6910782-$3.0M in 2025+485% since 2019
-$30.0M-$20.0M-$10.0M02019: -$511.2K-$511.2K20192020: -$3.4M-$3.4M2020+573%2021: -$3.5M-$3.5M2021+1%2022: -$28.3M-$28.3M2022+715%2023: -$28.3M-$28.3M2023+0%2024: -$14.8M-$14.8M2024−48%2025: -$3.0M-$3.0M2025−80%
Net income691082-$4.4M in 2025
-$60.0M-$40.0M-$20.0M0$20.0M2019: $4.4M$4.4M20192020: -$4.9M-$4.9M20202021: -$45.6M-$45.6M2021+835%2022: $3.2M$3.2M20222023: -$28.2M-$28.2M20232024: -$17.5M-$17.5M2024−38%2025: -$4.4M-$4.4M2025−75%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2026-06-302025-06-302024-06-30
Total revenues$39.5K$2.9M
Total cost of revenues$3.8M
GROSS PROFIT / (LOSS)$39.5K-$945.2K
General and administrative$2.8M$3.1M$3.8M
Provision for / (recovery of) credit losses$603.8K-$51.6K$1.1M
Change in fair value of crypto assets$10.9M
Impairment loss of crypto assets$7.1K
Impairment loss of miners$0$0$6.5M
Impairment loss of long-term investment$2.4M
Share based compensation expense$73.2K
Total operating expenses$14.3M$3.0M$13.9M
LOSS FROM OPERATIONS-$14.3M-$3.0M-$14.8M
Realized gain on sale/exchange of crypto assets$247.6K$94.1K
Interest income$210.0K$210.0K$97.9K
Interest expense-$665.2K-$595.7K
Other financing expenses-$1.1M-$1.2M-$1.1M
Loss on warrants settlement-$1.9M
Change in fair value of convertible debentures$902.1K
Total other expenses, net-$13.9K-$1.4M-$3.4M
LOSS BEFORE INCOME TAXES-$14.3M-$4.4M-$18.3M
NET LOSS-$14.3M-$4.4M-$18.3M
LESS: Net (loss) / income attributable to noncontrolling interests-$7.7K$17.3K-$753.3K
Deemed dividend attributable to down round feature of warrants$9.6M$2.1M
NET LOSS ATTRIBUTABLE TO SANGRIX INC.-$23.9M-$6.5M-$17.5M
Effects of credit risk change from liabilities measured at fair value$333.0K
Reclassification of change in instrument-specific credit risk$147.0K
LESS: Total comprehensive (loss) / income attributable to noncontrolling interests-$7.7K$17.3K-$753.3K
TOTAL COMPREHENSIVE LOSS ATTRIBUTABLE TO SANGRIX INC.-$13.8M-$4.4M-$17.5M
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES - BASIC (in shares)339.7K shares77.0K shares17.5K shares
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES - DILUTED (in shares)339.7K shares77.0K shares17.5K shares
LOSS PER SHARE - BASIC-$70.43-$84.84-$1,003.41
LOSS PER SHARE - DILUTED-$70.43-$84.84-$1,003.41

Compare SANGRIX INC. with another company

Corporate structure

SANGRIX INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of SANGRIX INC.

  • Jinghai Jiang Filed SCHEDULE 13D on SANGRIX INC., latest Feb 10, 2025
  • SANGRIX INC. E9

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SANGRIX INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.6M2 Jun 30, 2026$55.6K2 Jun 30, 2025+2720.8%
Loans, net of allowance$13.4M2 Jun 30, 2026$1.9M2 Jun 30, 2025+609.9%

Leadership

Who has led SANGRIX INC., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (3)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Officer, DirectorLucas Wang named Oct 31, 2022 to Dec 22, 202315
  • Executive OfficerXia Wang named Oct 31, 2022 to Dec 22, 202315
  • Executive Officer, DirectorErick Rengifo named Oct 31, 202216
  • Executive OfficerJiaming Li named Oct 31, 202216
  • Executive OfficerLianfei Du named Oct 31, 202216
  • DirectorYeung Mei Yu named Jun 12, 202417
  • DirectorK.Bryce Toussaint named Oct 31, 2022 to Dec 22, 202315
  • DirectorScott Silverman named Oct 31, 2022 to Dec 22, 202315

Former names

  • BIT ORIGIN LtdMay 24, 2022 to Aug 26, 20263
  • China Xiangtai Food Co., Ltd.Mar 26, 2018 to May 12, 20223

Timeline

  1. Aug 26, 2026New chief executive Jinghai Jiang becomes CEO11

Filings

172 filings to the SEC since October 2021: 6 annual reports, 6 insider forms, 1 large holders, 3 private raises, 156 other. The latest 20:

  1. Sep 23, 20266-K EDGAR
  2. Sep 18, 202620-F EDGAR
  3. Sep 18, 20266-K/A EDGAR
  4. Sep 15, 20266-K EDGAR
  5. Sep 10, 20263 OWNERSHIP DOCUMENT EDGAR
  6. Sep 9, 20266-K EDGAR
  7. Sep 3, 20266-K EDGAR
  8. Aug 26, 20263 OWNERSHIP DOCUMENT EDGAR
  9. Aug 26, 20263 OWNERSHIP DOCUMENT EDGAR
  10. Aug 21, 20266-K EDGAR
  11. Aug 12, 20266-K EDGAR
  12. Aug 6, 20266-K EDGAR
  13. Aug 6, 20266-K/A EDGAR
  14. Jul 31, 20266-K EDGAR
  15. Jul 28, 20266-K EDGAR
  16. Jul 14, 20266-K EDGAR
  17. Jul 9, 20266-K EDGAR
  18. Jul 1, 20266-K EDGAR
  19. Jun 30, 20266-K EDGAR
  20. Jun 29, 20266-K EDGAR

The 172 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$10.1M 2022–2024
Money received by yearMoney received by year, 2022–2024: $10.1M in all. Private raises (Form D) $10.1M.$0$2M$4M$6M$8M2022 · Private raises (Form D): $2.0M20222023 · Private raises (Form D): $6.1M20232024 · Private raises (Form D): $2.0M2024
Figures by year
YearPrivate raises (Form D)Total
2024$2.0M$2.0M
2023$6.1M$6.1M
2022$2.0M$2.0M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. May 31, 2024Raised $2 million in a private offering of debt17 Form D: 1 investor so far Form D
  2. Dec 7, 2023Raised $6.1 million in a private offering of debt15 Form D: 1 investor so far Form D
  3. Oct 21, 2022Raised $2 million in a private offering of debt16 Form D: 1 investor so far Form D

SEC filer profile

How SANGRIX INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSANGRIX INC.1
  • CIK0001735556
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Fiscal year endsJune 301
  • Industry code (SIC)6199 Finance Services1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business address160 Robinson Road, 12F, Sbf Center, Singapore, 068914, Singapore1
  • Phone347-556-47471
  • Shares outstanding733,246 Common Class A shares; 13,796 Common Class B shares as of Jun 30, 20264
  • AuditorHTL International, LLC, Houston, Texas PCAOB ID 70004
  • On EDGAR sinceMar 26, 20181
  • Filings272 in all: 6-K (150), CORRESP (20), UPLOAD (15), 20-F (8), EFFECT (7), F-3/A (7), 144 (6), 3 (6)1
    All 30 form types

    D (6), F-3 (5), 424B5 (4), D/A (4), F-1 (4), F-1/A (4), NT 20-F (4), 424B4 (3), 6-K/A (3), FWP (2), POS AM (2), SEC STAFF ACTION (2), 144/A (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), RW (1), SC 13G (1), SC 13G/A (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (20-F) Sep 18, 2026

Securities registered for trading

ClassSymbolExchange
SGRXNasdaq

From the cover page of the 20-F filed Sep 18, 2026 (Section 12(b) of the Exchange Act).4