SLAIY on OTC

SOLAI Ltd

SOLAI Ltd is a finance services company, listed on OTC (SLAIY).1 It is headquartered in Akron, Ohio.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$23.0MRevenue, fiscal 20252
-$33.9MNet income, fiscal 20252

Compare with Marygold Companies, Inc., AtlasClear Holdings, Inc. or Oportun Financial Corp, or pick any stock.

  • TickerSLAIY on OTC1
  • IndustryFinance Services1
  • HeadquartersAkron, Ohio1
  • Business address428 South Seiberling Street, Akron, Oh 443063
  • Filer categoryNon-accelerated filer3

We began operations in the online lottery service industry in 2001 through one of our consolidated affiliated entities, E-Sun Network Co., Ltd., or E-Sun Network, in Shenzhen, China. In May 2006, E-Sun Network established its wholly-owned subsidiary, E-Sun Sky Network Technology Co., Ltd., or E-Sun Sky Network, which became our major operation entity for our online lottery services business.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

-150.9%Operating margin2
-147.3%Net margin2
-30.1%Revenue growth, 20252
-99.0%Return on equity2
-$27.1MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Data Center brought in 78% of the revenue SOLAI Ltd broke down this way in fiscal 2025.

  1. Data Center$23.9M278%down 16% from 2024
  2. Cryptocurrency Mining$6.7M222%down 61% from 2024
Business segments by year
Business segments202320242025
Data Center$33.5M$28.4M$23.9M
Cryptocurrency Mining$21.6M$17.1M$6.7M

Regions

United States brought in 78% of the revenue SOLAI Ltd broke down this way in fiscal 2025.

  1. United States$23.9M278%down 16% from 2024
  2. HKMember$6.7M222%down 61% from 2024
Regions by year
Regions202320242025
United States$33.5M$28.4M$23.9M
HKMember$21.6M$17.1M$6.7M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue100¢$23.7M

Out of $23.0M in revenue.2 The company lost money this year.

Financial statements

Revenue567892$23.0M in 2025+1976% since 2018
0$20.0M$40.0M$60.0M2018: $1.1M$1.1M20182019: $503.0K$503.0K2019−55%2020: $2.2M$2.2M2020+331%2021: $53.8M$53.8M2021+2381%2022: $57.0M$57.0M2022+6%2023: $43.1M$43.1M2023−24%2024: $32.9M$32.9M2024−24%2025: $23.0M$23.0M2025−30%
Operating income5107892-$34.7M in 2025−31% since 2018
-$100.0M-$75.0M-$50.0M-$25.0M02018: -$50.1M-$50.1M20182019: -$74.0M-$74.0M2019+48%2020: -$17.0M-$17.0M2020−77%2021: -$44.3M-$44.3M2021+161%2022: -$89.6M-$89.6M2022+102%2023: -$25.2M-$25.2M2023−72%2024: -$8.0M-$8.0M2024−68%2025: -$34.7M-$34.7M2025+333%
Net income5107892-$33.9M in 2025−48% since 2018
-$200.0M-$150.0M-$100.0M-$50.0M0$50.0M2018: -$65.7M-$65.7M20182019: -$94.4M-$94.4M2019+44%2020: -$32.4M-$32.4M2020−66%2021: -$62.4M-$62.4M2021+93%2022: -$155.4M-$155.4M2022+149%2023: -$28.7M-$28.7M2023−82%2024: $12.1M$12.1M20242025: -$33.9M-$33.9M2025

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

Period ending2025-12-312024-12-312023-12-31
Revenues$23.0M$32.9M$43.1M
Cost of revenue-$33.8M-$29.9M-$40.1M
Sales and marketing expenses-$47.0K-$54.0K-$153.0K
General and administrative expenses-$18.3M-$13.7M-$18.5M
Service development expenses-$69.0K-$874.0K
Total operating costs and expenses-$52.1M-$43.8M-$59.5M
Other operating income$9.7M$214.0K$180.0K
Other operating expenses-$3.0M-$613.0K-$13.6M
Net gain on disposal of cryptocurrency assets$7.1M
Impairment of cryptocurrency assets-$2.4M
Changes in fair value of cryptocurrency assets-$4.4M$3.2M
Impairment of property and equipment-$8.8M
Impairment of intangible assets-$1.4M
Gain on remeasurement of unfavorable contract$2.2M
Changes in fair value of payables settled by cryptocurrency assets$7.0K$37.0K
Operating loss from continuing operations-$34.7M-$8.0M-$25.2M
Other income, net$54.0K$627.0K$691.0K
Interest income$146.0K$56.0K$242.0K
Loss from equity method investments-$1.0K-$20.0K-$295.0K
Impairment of long-term investments$0-$132.0K-$1.4M
Gain from disposal of long-term investments$614.0K
Gain from short-term investments$156.0K
Changes in fair value of derivative instruments$21.0K$311.0K-$35.0K
Loss before income tax from continuing operations-$34.5M-$7.0M-$25.4M
Income tax benefits$0$0$0
Net loss from continuing operations-$34.5M-$7.0M-$25.4M
(Loss) income from discontinued operations, net of applicable income taxes$240.0K-$3.3M
Gain on disposal of discontinued operations, net of applicable income taxes$18.7M
Net (loss) income from discontinued operations, net of applicable income taxes$18.9M-$3.3M
Net (loss) income-$34.5M$11.9M-$28.7M
Less: Net loss attributable to non-controlling interests-$603.0K-$154.0K
Net (loss) income attributable to SOLAI Limited-$33.9M$12.1M-$28.7M
Net loss attributable to SOLAI Limited from continuing operations-$33.9M-$6.9M-$25.4M
Net (loss) income attributable to SOLAI Limited from discontinued operations$18.9M-$3.3M
Foreign currency translation (loss) income$146.0K-$116.0K-$316.0K
Other comprehensive (loss) income, net of tax$146.0K-$116.0K-$316.0K
Comprehensive (loss) income-$34.3M$11.8M-$29.0M
Less: Comprehensive loss attributable to non-controlling interests-$603.0K-$154.0K
Comprehensive (loss) income attributable to SOLAI Limited-$33.7M$12.0M-$29.0M
Net loss from continuing operations - basic (in dollars per share)-$0-$0-$0
Net loss from continuing operations - diluted (in dollars per share)-$0-$0-$0
Net (loss) income from discontinued operations - basic (in dollars per share)$0$0
Net (loss) income from discontinued operations - diluted (in dollars per share)$0$0
Net (loss) income - basic (in dollars per share)-$0.02$0.01-$0.03
Net (loss) income - diluted (in dollars per share)-$0.02$0.01-$0.03
Net loss from continuing operations, basic (in dollars per share)-$2-$1-$2
Net loss from continuing operations, diluted (in dollars per share)-$2-$1-$2
Net (loss) income from discontinued operations, basic (in dollars per share)$2-$0
Net (loss) income from discontinued operations, diluted (in dollars per share)$2-$0
Net (loss) income-$2$1-$3
Basic1.7B shares1.2B shares1.1B shares
Diluted1.7B shares1.2B shares1.1B shares

Compare SOLAI Ltd with another company

Corporate structure

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

Major holders of SOLAI Ltd

  • SOLAI Ltd Akron, Ohio

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

What it owns

What SOLAI Ltd 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.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$113.6M2 Dec 31, 2025$101.3M2 Dec 31, 2024+12.1%
Accumulated depreciation$61.5M2 Dec 31, 2025$50.3M2 Dec 31, 2024+22.3%
Property and equipment, net$12.2M2 Dec 31, 2025$19.9M2 Dec 31, 2024−38.8%
Operating-lease assets (leased space)$2.0M2 Dec 31, 2025$2.6M2 Dec 31, 2024−24.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.4M2 Dec 31, 2025$1.8M2 Dec 31, 2024−21.5%
Marketable securities, current$02 Dec 31, 2025$02 Dec 31, 2024
Stakes in other companies (equity method)$478.0K2 Dec 31, 2025$504.0K2 Dec 31, 2024−5.2%
Long-term investments$3.4M2 Dec 31, 2025$3.6M2 Dec 31, 2024−4.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$09 Dec 31, 2024$09 Dec 31, 2023
Intangible assets, net (excluding goodwill)$5.9M2 Dec 31, 2025$11.1M2 Dec 31, 2024−47.1%
Finite-lived intangibles, gross$62.8M2 Dec 31, 2025$62.7M2 Dec 31, 2024+0.1%
Accumulated amortization$21.1M2 Dec 31, 2025$17.2M2 Dec 31, 2024+22.6%
Finite-lived intangibles, net$5.9M2 Dec 31, 2025$11.1M9 Dec 31, 2024−47.1%

Leadership

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

Chief financial officer

  1. Qiang Yuan2026–now
Board members and other officers (3)

Former names

  • BIT Mining LtdApr 12, 2021 to Oct 10, 20253
  • 500.com LtdOct 22, 2013 to Apr 5, 20213
  • 500wan.com LtdDec 7, 2012 to Sep 19, 20133

Timeline

  1. Mar 18, 2026New chief executive Xianfeng Yang becomes CEO12

Filings

164 filings to the SEC since October 2021: 5 annual reports, 9 insider forms, 6 large holders, 144 other. The latest 20:

  1. Oct 9, 20266-K EDGAR
  2. Sep 18, 20266-K EDGAR
  3. Aug 17, 20266-K EDGAR
  4. Aug 4, 202625-NSE EDGAR
  5. Jul 24, 20266-K EDGAR
  6. Jul 21, 20266-K EDGAR
  7. Jul 20, 2026SCHEDULE 13D/A EDGAR
  8. Jul 20, 20264 OWNERSHIP DOCUMENT EDGAR
  9. Jul 6, 2026F-6 POS REGISTRATION STATEMENT EDGAR
  10. Jun 18, 20266-K EDGAR
  11. Jun 2, 20266-K EDGAR
  12. Jun 1, 20266-K EDGAR
  13. May 29, 20263 OWNERSHIP DOCUMENT EDGAR
  14. May 26, 20266-K EDGAR
  15. May 26, 20266-K EDGAR
  16. May 13, 20266-K EDGAR
  17. Apr 29, 20266-K EDGAR
  18. Apr 21, 20266-K EDGAR
  19. Apr 20, 202620-F EDGAR
  20. Mar 24, 20263 OWNERSHIP DOCUMENT EDGAR

The 164 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.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 16, 2026Law Man SanDirectorBuy54,275$3.57$193.8KForm 4

From Forms 4 filed with the SEC.

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.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
SBI Securities Co., Ltd.18,461$8.5K0.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

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

  • Name on EDGARSOLAI Ltd1
  • CIK0001517496
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Industry code (SIC)6199 Finance Services1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business address428 South Seiberling Street, Akron, OH 443061
  • Phone346-204-85371
  • Shares outstanding1,867,853,490 Common Class A shares; 99 Common Class B shares as of Dec 31, 20254
  • AuditorMaloneBailey, LLP, Houston, Texas PCAOB ID 206; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceDec 7, 20121
  • Filings377 in all: 6-K (188), SC 13D/A (28), CORRESP (22), UPLOAD (20), SC 13G/A (15), 20-F (13), SC 13G (12), F-3/A (10)1
    All 36 form types

    3 (8), 424B5 (6), S-8 (6), 144 (5), EFFECT (4), F-1 (4), 6-K/A (3), F-1/A (3), RW (3), SC 13D (3), 424B3 (2), DRS/A (2), F-3 (2), F-6 POS (2), NT 20-F (2), SCHEDULE 13D/A (2), 20-F/A (1), 25-NSE (1), 4 (1), 424B4 (1), 8-A12B (1), AW (1), CERTNYS (1), CT ORDER (1), DRS (1), F-6 (1), F-6EF (1), FWP (1)

  • Latest filingsAnnual report (20-F) Apr 20, 2026

Securities registered for trading

ClassSymbolExchange
Class A ordinary shares, par value US$0.00005 per share
American Depositary Shares, each representing hundred (100) Class A ordinary sharesSLAINew York Stock Exchange

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