MMTEC, INC. Form 6-K Filing for August 2026

This filing details MMTEC, INC.'s financial performance for the first half of 2026. Revenue decreased by 100% to nil, with a corresponding 100% decrease in gross profit. Loss from operations increased to $1.66 million from $1.53 million in the prior year period, primarily due to the revenue decline. However, net loss significantly decreased to $1.58 million from $46.43 million in the first half of 2025. This improvement was mainly driven by the absence of significant credit loss provisions and losses on the sale of notes receivable that impacted the prior year. The company reported a net loss per share of $0.02 for the six months ended June 30, 2026, compared to $1.84 for the same period in 2025. As of June 30, 2026, the company had cash of $6.51 million and working capital of $6.15 million. The filing also notes a recent development where MMTEC, INC. acquired HC CrediSure Technology Limited and its subsidiary on June 30, 2026.