XHLD

LANGHORNE, Pa., Aug. 10, 2026 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD), through its subsidiary, Ten Events, Inc. ("Ten Events" or the "Company"), an event technology company powering virtual, hybrid, and webinar experiences for enterprise customers, supported by production and managed services, today announced its financial results for the quarter ended June 30, 2026. Management Commentary "Second quarter revenue reflected the timing of customer activity rather than a change in underlying demand for our services," said Virgilio Torres, Chairman, Chief Executive Officer and Chief Financial Officer of TEN Holdings. "A number of opportunities we expected to close during the quarter shifted into the third quarter of 2026, and we expect the related revenue to be recognized as those events are delivered. "The completion of our $7.5 million offering on June 30, 2026 was an important milestone for the Company. It strengthened our balance sheet, with cash and cash equivalents increasing to $5.8 million at quarter end from $1.6 million at the start of the year and gives us the capital to execute the strategic priorities we outlined in July: strengthening working capital, expanding product development, building artificial intelligence capabilities, and pursuing key strategic acquisitions. "We are advancing our platform roadmap, including new AI-driven analytics, automated captioning, and workflow capabilities, while continuing to build on our partnership with Webinar.net to expand our technology ecosystem. At the same time, we are pursuing a disciplined acquisition strategy targeting complementary, accretive businesses that can broaden our recurring revenue base. "We remain committed to prudent capital allocation and financial discipline as we scale, and we believe the combination of an improving cost structure, a strengthened balance sheet, and a clear strategic roadmap positions TEN Holdings to build long-term value for our shareholders." Financial Results The Company's second quarter 2026 revenue decreased by $385,000, or 34.5%, to $731,000, compared to $1.1 million in the second quarter of 2025. The decrease was primarily driven by lower revenue from one of the Company's largest customers, together with a number of opportunities that shifted into the third quarter of 2026. Platform usage revenue decreased by $0.4 million, or 45.1%, to $469,000, primarily due to lower revenue from one of the Company's largest customers. Professional and managed services revenue was largely unchanged, increasing by $1,000, or 0.4%, to $262,000. Cost of revenue decreased by $71,000, or 40.6%, to $104,000, consistent with the decrease in related revenue. Gross profit margin was 85.8%, compared to 84.3% in the prior-year period. Selling, general and administrative expenses increased by $1.5 million, or 67.6%, to $3.6 million, primarily due to an increase in professional fees, consistent with the compliance, audit, and advisory costs the Company has incurred as a public company since its February 2025 initial public offering. Because these costs are largely fixed while the Company's revenue remains relatively small, quarter-to-quarter changes in revenue can have an outsized effect on reported operating results. Net loss was $3.0 million, or $(0.70) per share, compared to a net loss of $2.8 million, or $(1.95) per share, during the three months ended June 30, 2025. The year-over-year increase in net loss was primarily driven by higher SG&A expenses, partially offset by the absence of a $1.4 million non-operating settlement charge recorded in the second quarter of 2025. Interest expense decreased by $52,000, or 65.0%, to $28,000, primarily due to a lower outstanding short-term loan balance. Weighted average number of common shares outstanding was 4,279,641 for the three months ended June 30, 2026, compared to 1,428,399 for the three months ended June 30, 2025. Selected Balance Sheet and Cash Flow Results As of June 30, 2026, the Company had total cash of approximately $5.8 million, compared to $0.7 million at the same date in 2025 and $1.6 million at December 31, 2025. The increase was primarily driven by the completion of the Company's $7.5 million offering, which closed on June 30, 2026. Net cash used in operating activities was $2.7 million for the six months ended June 30, 2026, compared to $7.6 million during the same period of 2025. The decrease was primarily due to a lower net loss and a decrease in advances to a related party, partially offset by lower non-cash adjustments for stock-based compensation and loss on extinguishment of debt. Net cash used in investing activities was zero for the six months ended June 30, 2026, compared to $0.5 million during the same period of 2025, due to the absence of capitalized software purchases. Net cash provided by financing activities was $7.0 million for the six months ended June 30, 2026, compared to $8.8 million during the same period of 2025. The decrease was primarily driven by lower proceeds from the issuance of shares and related-party short-term loans during the current period, partially offset by lower repayments of related-party short-term loans. Recent Corporate Highlights On June 30, 2026, the Company closed an offering of 7,500,000 shares of common stock at a price of $1.00 per share, for gross proceeds of approximately $7.5 million, before deducting placement agent fees and offering expenses. Company Outlook Mr. Torres added that TEN Holdings plans to: Strengthen working capital by deploying net proceeds from the Company's recently completed offering to enhance liquidity, improve financial flexibility, and position the Company to capitalize on future growth opportunities. Expand product development by accelerating the Company's technology platform through enhanced functionality, automation, analytics, and workflow capabilities designed to improve customer engagement and scalability. Build artificial intelligence capabilities by investing in AI-powered technologies, including AI-driven analytics, automated captioning, and intent data, to enhance content creation, audience insights, and operational efficiency across the platform. Pursue key strategic acquisitions that expand the Company's technology capabilities, recurring revenue base, customer relationships, and overall market presence, as part of a disciplined consolidation strategy targeted for completion by December 2026. Continue to maximize its partnership with Webinar.net to penetrate new market opportunities and strengthen its technology ecosystem. Recognize revenue from the opportunities that shifted from the second quarter into the third quarter of fiscal year 2026. About TEN Holdings, Inc. The Company, through its subsidiary, Ten Events, Inc., is a technology company headquartered in Pennsylvania that provides a virtual and hybrid event and webinar platform, supported by production and managed services for enterprise customers. The Company's event technology platform enables organizations to plan, produce, and broadcast virtual and hybrid events, including webinars, town halls, investor communications, and continuing education programs, while its production and managed services support customers throughout the event lifecycle. To learn more, visit www.tenholdingsinc.com. FORWARD-LOOKING STATEMENTS Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to, the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") and other filings with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TEN Holdings, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. For more information, please contact: Investor Relations Inquiries: Skyline Corporate Communications Group, LLCScott Powell, President1177 Avenue of the Americas, 5th FloorNew York, New York 10036Office: (646) 893-5835Email: [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/ten-holdings-reports-second-quarter-2026-financial-results-302847373.html

LANGHORNE, Pa., May 15, 2026 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) through its subsidiary, Ten Events, Inc., ("Ten Events" or the "Company"), a provider of event planning, production, and broadcasting services, today announced its financial results for the quarter ended March 31, 2026. Management Commentary "We are pleased with the 15% top line revenue growth the Company reported for the first three months of 2026," said Virgilio Torres, Chief Executive Officer of TEN Holdings. "This increase demonstrates that the investments we made in the business last year to create a stronger foundation for successful operations, platforms, and strategic acquisitions started to produce positive sales growth results. "Our 37.6% reduction of our quarterly net loss is a direct result of these improved operations, which allowed us to slash SG&A expenses by nearly a third over first quarter of 2025. "During the first quarter of 2026, we also completed a key SOC 2 examination for Broadcast Media Production and Distribution Services Systems. This achievement will help support our provision of high-stakes corporate events including town halls, investor days, executive communications, and regulated broadcasts, where reliability, security, and operational discipline are essential. "Throughout the balance of 2026, we will focus on leveraging last year's partnership with Webinar.net to strengthen our technology ecosystem. This relationship reflects the major cornerstone of our business plan to use best-in-class technologies to deliver scalable, enterprise-grade solutions for our customers. "We are confident that the initiatives we completed in the last fiscal year, including strengthening strategic partnerships, advancing platform capabilities, enhancing enterprise security, expanding the customer base, and establishing a presence in the public capital markets, have positioned our business to pursue growth opportunities, increase market penetration, and, most importantly, continue to achieve the operational improvements that will drive long-term value for our shareholders." Financial Results The Company's first quarter of 2026 earnings reported a total revenue increase of $114,000, or 15.4%, to $853,000. This increase was primarily driven by one of the Company's major customers increasing their revenue contribution by 100%. a.) Virtual & Hybrid events increased by $0.1 million, or 11% due to one of our major customers increasing their revenue by over 10% year over year. b.) Physical events increased by $0.04 million or 139% due to providing higher premium physical events in the quarter, resulting in higher revenue growth from the same period last year. Cost of revenue in the quarter increased by $121,000, or 65.1%, to $307,000, driven by one major customer event that took place in first quarter of 2026 that did not take place during the same period last year. Gross profit margin declined to 64.0% from 74.8% due to higher costs from one specific event that took place from one of our customers which had a high labor intensive component. Selling, general and administrative expenses decreased by $1.8 million, or 34.6%, to $3.4 million, due to lower headcount cost during the same period last year. Net loss was $3.0 million, or $(0.76) per share, a 37.6% reduction compared to a net loss of $4.8 million, or $(2.68) per share, during the three months ended March 31, 2025. This improvement was driven primarily by the Company's significant reduction in selling, general and administrative expenses. Interest expenses increased by $8,000, or 11.6%, to $61,000 primarily due to continued interest accumulation on the loans taken by the Company. Weighted average number of common shares outstanding was 3,977,443 for the three months ended March 31, 2026 compared to 1,805,086 for the three months ended March 31, 2025. Selected Balance Sheet and Cash Flow Results As of March 31, 2026, the Company had total cash of approximately $79,000 compared to $1.6 million at the same date in 2025. Net cash used in operating activities decreased to $1.1 million in the first three months of 2026 compared to $6.8 million during the same period of 2025. The reason for the reduction is primarily due to the IPO expenses that took place during the same period last year. Net cash from investing activities was zero compared to $273,000 during the same period of 2025, due to the acquisition of computer hardware, equipment and capitalized software. Net cash used for financing activity was $450,000 compared to net cash generated by financing activities of $7.3 million in the first quarter of 2025. The financing activities that took place during the same period last year were related to the IPO proceeds. Company Outlook Mr. Torres added that TEN Holdings plans to: Promote future business growth by strengthening customer relationships, improving customer loyalty, and increasing marketing and sales efforts with additional investment in digital marketing and sales team expansion. Increase product and market expansion of the software-as-a-service, Ten Events Pro, designed to provide professional-grade production quality for virtual and hybrid events with flexibility, speed, and control. Management anticipates that this strategic expansion will broaden the customer base, enhance market reach, and generate sustainable recurring revenue streams. Maximize partnership with Webinar.net to penetrate new market opportunities. Continue to raise capital to facilitate investments in, partnerships with, and acquisitions of appropriate businesses that offer complementary and strategic advantages to enhance overall competitiveness and growth. About TEN Holdings, Inc.The Company, through its subsidiary, Ten Events, Inc., is a provider of event technology, planning, production, and broadcasting services headquartered in Pennsylvania. The Company mainly produces virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by the Company's Xyvid Pro and Ten Pro Platforms. Physical events mainly involve live streaming and video recording of physical events. To learn more, visit www.tenholdingsinc.com. FORWARD-LOOKING STATEMENTS Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to: the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") and other filings with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TEN Holdings, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. For more information, please contact:Investor Relations Inquiries:Skyline Corporate Communications Group, LLCScott Powell, President1177 Avenue of the Americas, 5th FloorNew York, New York 10036Office: (646) 893-5835Email: [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/ten-holdings-reports-first-quarter-2026-financial-results-302773826.html

LANGHORNE, Pa., March 18, 2026 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) through its subsidiary, Ten Events, Inc., ("Ten Events" or the "Company"), a provider of event planning, production, and broadcasting services, today announced its full year 2025 financial results. Management Commentary Fiscal 2025 marked TEN Holdings' first year as a public company, a period during which management prioritized establishing the operational, technological, and governance foundations necessary to support scalable growth, raising capital and enhancing visibility with the investor community. "This past year, we focused on strengthening our platform, expanding enterprise adoption, and leveraging strategic partnerships to drive operational efficiency and sustainable performance," said Randolph Wilson Jones III, Chief Executive Officer of TEN Holdings. "These initiatives position TEN Holdings to deliver long-term value for shareholders." A cornerstone of the Company's operational strategy was the acceleration of the Ten Events Pro platform through a strategic partnership with Webinar.net. This collaboration enabled the Company to enhance platform functionality, streamline development processes, and improve operational efficiency, with estimated savings of $1.2 million to $1.7 million annually, while positioning the platform for faster recurring revenue growth. In parallel, TEN Holdings strengthened its technology ecosystem by partnering with V-Cube, bringing advanced enterprise communication capabilities to the North American market. These partnerships reflect the Company's focus on leveraging best-in-class technologies to deliver scalable, enterprise-grade solutions. The Company also made key investments in security, trust, and innovation. During the year, TEN Holdings implemented SOC 2 compliant broadcast systems, reinforcing enterprise confidence in the reliability, security, and compliance of its digital event and communications platform. In addition, the Company expanded its service offerings to include conversational AI solutions, designed to enhance engagement, automation, and data-driven insights for enterprise clients. On the commercial front, TEN Holdings more than doubled the number of new customers acquired, increasing from six in the prior year to 16 in fiscal 2025, reflecting growing market adoption and recognition of the Company's technology solutions. Management also actively engaged with the investment community, participating in multiple investor conferences and meetings throughout the year to communicate the Company's strategy, technology advancements, and long-term growth opportunities. Management believes that the initiatives completed in fiscal 2025, including strengthening strategic partnerships, advancing platform capabilities, enhancing enterprise security, expanding the customer base, and establishing a presence in the public capital markets, have positioned TEN Holdings to pursue growth and long-term shareholder value. Financial Results The Company reported fiscal year 2025 total revenues of $3.1 million, down 11.4% from $3.5 million in fiscal year 2024. The decrease was due to the following factors: a.) Virtual & Hybrid events decreased by $0.5 million, mainly due to an event series with our biggest customer that took place in the three-months ended March 31, 2024, but did not repeat in the three months ended March 31, 2025. b.) Physical events increased by $0.1 million mainly due to a significant amount of more deals closed and delivered within the period vs. the same time period last year. Cost of revenue in fiscal year 2025 increased by approximately $11,000, or 1.7%, to approximately $663,000. Cost of revenue remained relatively flat while physical events revenue increased mainly due to continued efficiencies in the way events are delivered so equipment and staff are maximized within the specific region or location of events. Gross profit margin for fiscal year 2025 declined by 2.8% to 78.6% from 81.4% in fiscal year 2024, due to a decrease in revenues. Selling, general and administrative expenses increased by approximately $9,886,000, or 183%, to approximately $15,276,000 of which $10,000,000 were non-cash related expenses for items such as stock based compensation, debt restructuring, and impairments. The company also incurred $1,700,000 in expenses related to being a public company, while the remaining came from $3,100,000 of payroll and $400,000 business operations. Interest expense increased by approximately $74,000, or 35%, to approximately $284,000 primarily due to interest owed to a shareholder for loans made to us. Net loss for the twelve months ended December 31, 2025 was approximately $19,498,000 or $(8.58) per share, compared to a net loss of approximately $2,968,000, or $(1.78) per share, for the same period in 2024. Weighted average number of common shares outstanding was 2,272,982 for the twelve months ended December 31, 2025 and 1,667,674 for the twelve months ended December 31, 2024. Selected Balance Sheet and Cash Flow Results As of December 31, 2025, the Company had total cash of approximately $1,630,657 compared to $48,479 in fiscal year 2024. Net cash used in operating activities increased from approximately $10.3 million in fiscal year 2025 to approximately $2.5 million in fiscal year 2024. The increase in cash outflow was primarily driven by higher operating expense associated with the Company's transition to a public company, including increased professional fees, payroll, and other corporate infrastructure cost, as well as the higher net loss reported in fiscal 2025. Net cash used in investing activities for fiscal year 2025 was $847,000 compared to $1.04 million in fiscal year 2024, due to the acquisition of computer hardware, equipment and capitalized software. Net cash provided by financing activity increased from approximately $3.2 million during the year ended December 31, 2024 to approximately $18.2 million during the year ended December 31, 2025. The increase was primarily attributable to proceeds from the issuance of shares and short-term loans, partially offset by repayment of short-term loans during the year ended December 31, 2025. Company Outlook TEN Holdings plans to promote future business growth by strengthening customer relationships, improving customer loyalty, and increasing marketing and sales efforts with additional investment in digital marketing and sales team expansion. Increase product and market expansion of the software-as-a-service, Ten Events Pro, designed to provide professional-grade production quality for virtual and hybrid events with flexibility, speed, and control. Management anticipates that this strategic expansion will broaden the customer base, enhance market reach, and generate sustainable recurring revenue streams. Maximize partnerships with V-Cube and Webinar.net to penetrate new market opportunities. The Company plans to continue to raise capital to facilitate investments in, partnerships with, and acquisitions of appropriate businesses that offer complementary and strategic advantages to enhance overall competitiveness and growth. About TEN Holdings, Inc. The Company, through its subsidiary, Ten Events, Inc., is a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. The Company mainly produces virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by the Company's proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. To learn more, visit www.tenholdingsinc.com. FORWARD-LOOKING STATEMENTS Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to: the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") and other filings with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TEN Holdings, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Investor Relations Inquiries: Skyline Corporate Communications Group, LLC Scott Powell, President 1177 Avenue of the Americas, 5th Floor New York, New York 10036 Office: (646) 893-5835 Email: [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/ten-holdings-inc-reports-full-year-2025-financial-results-302716653.html

LANGHORNE, Pa., Nov. 10, 2025 /PRNewswire/ -- TEN Holdings, Inc. (NASDAQ: XHLD) ("TEN Holdings" or the "Company"), through its subsidiary, Ten Events, Inc., a provider of event planning, production, and broadcasting services, today announced its financial results for the quarter ended September 30, 2025. Management Commentary "During Q3 2025, we again achieved year-over-year revenue growth. Although modest, this growth demonstrated the stability of our core business and, we believe, laid the foundational groundwork for future revenue growth and operational efficiency," said TEN Holdings Chief Executive Officer, Randolph Wilson Jones III. "The quarter also saw us announce two pivotal achievements, the first of which was the launch of an Early Adopter Program for Ten Events Pro, our software-as-a-service product that provides professional-grade production quality for virtual and hybrid events. More recently, we disclosed the accelerated development of this new software through a technical partnership with Webinar.net, an enterprise-grade virtual event platform built on AWS that delivers scalable, secure, and highly engaging virtual and hybrid experiences with AI-powered features and real-time analytics. Leveraging this partnership will bring Ten Events Pro to market faster than anticipated, we believe positioning the Company for stronger market growth and accelerated annual recurring revenue (ARR). The partnership also delivers substantial operational efficiencies, including an estimated $1.2–$1.7 million reduction in operating expenses in 2026, further strengthening TEN Holdings' financial position. We also announced the appointment of a new Chief Financial Officer with the expertise and experience to help maximize this growth -- Virgilio D. Torres. Mr. Torres has led public and private companies through mergers and acquisitions, capital raises, and complex financial strategies. This background, plus his many years of work in accounting, operations and corporate finance, will help our Company to not only improve internal financial controls but also strengthen our relationship with the banking and investment communities." "Looking ahead," added Mr. Jones, "we're especially optimistic about the potential of our recent product partnership with V-Cube. By integrating their advanced platform with our technology, we can deliver enterprise-grade digital experiences that drive measurable business outcomes across North America. That expanded capability should help us capture new revenue opportunities, enhance our reputation within the enterprise communications and virtual events sector, and build equity value for our shareholders." Financial Results Revenue for the three months ended September 30, 2025 was $543,000, an $8,000 or 1.5% increase compared to revenue of $535,000 for the three months ended September 30, 2024. The increase was primarily driven by the following factors: Revenue from delivered events – virtual and hybrid events decreased by $38,000, or 7.8%, compared to the three months ended September 30, 2024, mainly due to a number of hybrid events shifting from Q3 2025 to later parts of the year, reducing the expected forecasted revenue for the quarter. Revenue from delivered events – physical events increased by $46,000, or 102.2%, compared to the three months ended September 30, 2024, mainly due to a large number of physical events taking place in the quarter from existing and new clients. Cost of revenue for the three months ended September 30, 2025 was $138,000, a $29,000 or 26.6% increase compared to revenue of $109,000 for the same three months in 2024. The increase was primarily due to a higher amount of physical events in the period compared to the same period in 2024, which has a higher labor component vs virtual or hybrid events. Selling, General, and Administrative Expenses were $2,185,000, an $874,000 or 66.7% increase compared to SG&A expenses of $1,311,000 for the same period last year. The increase was primarily due to the public company expenses that were not a factor during the same period last year. Expenses such as quarterly reviews and yearly audits, NASDAQ fees, D&O insurance, and SEC legal expenses. Interest expenses for the three months ended September 30, 2025 totaled $59,000, compared to $62,000 for the three months ended September 30, 2024. The decrease was primarily due to the lower outstanding short-term loans during the three months ended September 30, 2025 as compared to the same period last year. Net loss for the three months ended September 30, 2025 was $1,987,000, or $(0.10) per share, a $1,012,000 or 103.8% increase compared to a net loss of $975,000, or $(0.04) per share, for the same period in 2024. The loss was due to the increased amount in public company related expense that were not a factor in the same period last year along with a decrease in revenue from one of our biggest customers which host a bi-annual event causing a drop in revenue from that customer as 2025 if a bi-year. Weighted average number of common shares outstanding was 20,567,937 for the three months ended September 30, 2025 and 25,000,000 for the three months ended September 30, 2024. Selected Balance Sheet and Cash Flow Results As of September 30, 2025, the Company had total cash and cash equivalents of $310,000 compared to $48,000 as of December 31, 2024. This increase was mainly the result of a stronger emphasis in cash collections and partial working capital received from the ELOC. Net cash used in investing activities, comprised wholly of the purchase of capitalized internal-use software, was $828,000 in the nine months ended September 30, 2025. This compares to $817,000, of which $781,000 comprised such software, in the nine months ended September 30, 2024. Company Outlook TEN Holdings plans to consider additional strategic partnerships and collaborations that will enhance and diversify revenue growth opportunities for the business. Specifically, the Company intends to: Focus on recurring revenue streams through accelerated development of the Software-as-a-Service (SaaS) model; Develop product partnership with V-Cube Inc., by leveraging its event technologies for the North American market. Identify, invest in, partner with, and acquire appropriate businesses that offer complementary and strategic advantages to enhance overall competitiveness and growth. About Webinar.net Webinar.net delivers the enterprise-grade infrastructure behind today's most demanding virtual and hybrid events. Engineered on AWS for resilience, scalability, and security, the platform integrates AI-powered features and real-time analytics to redefine audience engagement. Enterprises worldwide rely on Webinar.net to simplify complex digital communications while future-proofing their event strategies in a rapidly evolving landscape. About TEN Holdings, Inc. The Company, through its subsidiary, Ten Events, Inc., is a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. The Company mainly produces virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by the Company's proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. To learn more, visit www.tenholdingsinc.com. FORWARD-LOOKING STATEMENTS Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to: the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") and other filings with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TEN Holdings, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. For more information, please contact: Investor Relations Contact: Chad McNeal Email: [email protected] Investor Relations Inquiries: Skyline Corporate Communications Group, LLC Scott Powell, President 1177 Avenue of the Americas, 5th Floor New York, New York 10036 Office: (646) 893-5835 Email: [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/ten-holdings-reports-third-quarter-2025-financial-results-302610717.html

LANGHORNE, Pa., Aug. 14, 2025 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) ("TEN Holdings" or the "Company"), through its subsidiary, TEN Events, Inc., a provider of event planning, production, and broadcasting services, today announced its financial results for the quarter ended June 30, 2025. Management Commentary "During the second quarter of 2025, we achieved year-over-year revenue growth, underscoring the strength and resilience of our strategy, as we build momentum for the remainder of the year. Leveraging our strengthened infrastructure resulting from the restructuring of our sales team and the addition of a new sales leader, we are deepening client relationships and scaling our sales operations. As anticipated, operating expenses increased compared to the prior year, primarily due to the incremental costs associated with operating as a public company, including expanded compliance, reporting, and investor relations functions. We believe that these investments have been critical to building a stronger foundation for sustained growth and enhanced transparency, and may enable us to better communicate our performance, strengthen governance, and pursue strategic opportunities with greater scale and efficiency. Looking ahead, we remain focused on creating shareholder value by expanding our market presence, advancing our products and services, and deepening customer relationships. We will continue to seek opportunities to invest in that may drive long-term growth while maintaining the discipline needed to strengthen profitability. Our mission and strategy remain clear. We are endeavoring to build a stronger, more resilient company positioned to deliver innovative solutions, expand our market reach, and create lasting value for our shareholders," commented TEN Holdings' Chief Executive Officer, Randolph Wilson Jones III. Financial Results Revenue for the three months ended June 30, 2025 was $1,116,000 compared to $1,023,000 for the three months ended June 30, 2024. Revenue increased by $93,000, or 9.1%, compared to the three months ended June 30, 2024. The increase was primarily driven by the following factors: (a.) Revenue from delivered events – virtual and hybrid events for the three months ended June 30, 2025 decreased by $16,000, or 1.8%, compared to the three months ended June 30, 2024, mainly due to certain customers shifting events to the third quarter of 2025 or later. (b.) Revenue from delivered events – physical events for the three months ended June 30, 2025 increased by $109,000, or 82.6%, compared to the three months ended June 30, 2024, mainly due to approximately $100,000 in revenue from additional events delivered to a new customer. Cost of revenue for the three months ended June 30, 2025 was $175,000 compared to $141,000 for the three months ended June 30, 2024. Cost of revenue increased by $34,000, or 24.1%, compared to the three months ended June 30, 2024. The increase was primarily due to an increase in physical events for such period causing the cost of revenue to increase by a proportionate amount. Selling, general, and administrative expenses increased by $910,000, or 73%, to $2,153,000 compared to the same period last year. The increase was primarily due to the added expenses attributable to being a publicly traded company, which was not a factor during the same period last year. These include higher legal costs, quarterly PCAOB audit and advisory costs, additional insurance premiums, external investor relations management costs, and ongoing capital markets advisory fees, among other expenses. Interest expenses for the three months ended June 30, 2025 totaled $80,000, compared to $48,000 for the three months ended June 30, 2024. Net loss for the three months ended June 30, 2025 was $2,784,000, or $(0.13) per share, compared to a net loss of $408,000, or $(0.02) per share, for the three months ended June 30, 2024. $1,359,000 of the total loss in the three months ended June 30, 2025 was due to increased operating expenses which reflect the increase of ongoing costs associated with maintaining public company status. The remaining $1,425,000 of the expenses are attributable to expenses incurred in connection with the transaction executed with Sunpeak Holdings Corporation during the quarter and increased interest expense. US-GAAP loss for the three months ended June 30, 2025, which excludes stock-based compensation expense, was $2,784,000, or ($0.13) per share, compared to a loss of $408,000, or ($0.02) per share, in the three months ended June 30, 2024. Weighted average number of common shares outstanding was 21,425,980 for the three months ended June 30, 2025 and 25,000,000 for the three months ended June 30, 2024. Selected Balance Sheet and Cash Flow Results As of June 30, 2025, the Company had total cash and cash equivalents of $739,000 compared to $48,000 as of December 31, 2024. Net cash used in operating activities increased from $1,007,000 in the three months ended June 30, 2024 to $7,577,000 in the three months ended June 30, 2025.The increase in cash used in operating activities is primarily driven by a $3,500,000 non-cash expense recognized during the quarter relating to the recognition of the Company's stock options expense. Net cash used in investing activities, comprised mostly of the purchase of capitalized internal-use software, was $529,000 in the three months ended June 30, 2025, compared to $541,000 in the three months ended June 30, 2024. Company Outlook The Company aims to enhance the proprietary Xyvid Pro Platform by continuously introducing interactive features to boost attendee engagement, integrating advanced data analytics, and improving the platform's scalability and flexibility. The Company plans to focus on recurring revenue streams through the further development of the Platform-as-a-Service (PaaS) model. The Company plans to identify, invest in, partner with, and acquire appropriate businesses that offer complementary and strategic advantages to enhance overall competitiveness and growth. About TEN Holdings, Inc. The Company, through its subsidiary, TEN Events, Inc., is a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. The Company mainly produces virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by the Company's proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. To learn more, visit www.tenholdingsinc.com. FORWARD-LOOKING STATEMENTS Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to: the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the Company's registration statements and other filings with the U.S. Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TEN Holdings, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. For more information, please contact: Investor Relations Contact: Erica Scudilla Email: [email protected] Investor Relations Inquiries: Skyline Corporate Communications Group, LLC Scott Powell, President 1177 Avenue of the Americas, 5th Floor New York, New York 10036 Office: (646) 893-5835 Email: [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/ten-holdings-inc-reports-second-quarter-2025-financial-results-302529860.html SOURCE TEN Holdings, Inc.

LANGHORNE, Pa., May 20, 2025 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) ("TEN Holdings" or the "Company"), a provider of event planning, production, and broadcasting services, today announced its first quarter 2025 financial results for the period ending March 31, 2025. Management Commentary "During the first quarter of 2025, the Company continued to execute its business strategies and lay the groundwork for future growth. Due to the progress we've achieved in building our business infrastructure, we now expect to be in a better position to achieve key objectives such as strengthening our customer relationships, increasing our investment in digital marketing, and expanding our sales team. We believe we are also better equipped to perform the R&D that will enable us to introduce additional interactive and data analytics features to our proprietary Xyvid Pro Platform, to further develop and integrate our PaaS model and increase recurring revenue, and to add conversational artificial intelligence to upgrade our offerings. In addition, we believe we are better positioned to possibly invest in, partner with, and acquire appropriate businesses that offer complementary and strategic advantages to enhance our overall competitiveness and growth. These steps, we believe, will provide us with the competitive advantages, margin expansion, customer growth, diversification, and predictable cash flow generation that we anticipate will drive revenue growth and bottom-line improvements going forward." commented TEN Holdings' Chief Executive Officer, Randy Jones. Financial Results The Company reported total revenue of $739,000 for the first quarter of 2025, a decrease of $389,000, or 34.5%, from revenue of $1,128,000 in the first quarter of 2024. The decrease in revenue was due to the following factors: a.) Revenues from Delivered events – Virtual and Hybrid events business segment decreased by $368,000, mainly due to an event series with the Company's largest customer that took place in the first quarter of 2024 and repeats every other year. b.) Revenue from Delivered events – Physical events business segment decreased by $21,000, mainly due to two customer events from the first quarter of 2024 that did not repeat in the first quarter of 2025. Cost of revenue in the first quarter of 2025 decreased by $97,000, or 34.3%, over the same period last year, to $186,000, reflecting the lower direct costs associated with the lower corresponding revenue. Gross profit margin for the first quarter of 2025 was nearly unchanged at 74.8% compared to 74.9% in first quarter of 2024. Selling, general and administrative expenses increased by $3,960,000, or 328.4%, to $5,166,000, mainly due to the recognition of stock compensation expense of $3,512,000 in connection with the vesting of employee stock options from the IPO, marketing expenses from brand and performance-related expenditure, and increased payroll expenses. Interest expense was $69,000 in the first quarter of 2025 compared to $26,000 in the first quarter of 2024. Net loss for the first quarter of 2025 was $4,836,000, or $(.18) per share, compared to a net loss of $405,000, or $(.02) per share, in the first quarter of 2024. The increase in net loss was due primarily to the rise in SG&A expenses in the first quarter of 2025 compared to the first quarter of 2024. Non-GAAP loss for the first quarter of 2025, which excludes stock-based compensation expense, was $1,324,000, or ($.05) per share, compared to a non-GAAP loss of $405,000, or ($.02) per share, in the first quarter of the previous year. Weighted average number of common shares outstanding was 27,058,113 for the first quarter of 2025 and 25,000,000 for the first quarter of 2024. Selected Balance Sheet and Cash Flow Results As of March 31, 2025, the Company had total cash and cash equivalents of $247,000 compared to $48,000 on December 31, 2024. Net cash used in operating activities increased from $581,000 in the first quarter of 2024 to $6,785,000 in the first quarter of 2025. Net cash used in investing activities, comprised mostly of the purchase of capitalized internal-use software, was $273,000 in the first quarter of 2025 compared to $269,000 in the same quarter a year ago. Company Outlook The Company expects to continue the implementation of a go-to-market strategy with investments in a new sales executive, realignment of its sales force, and digital advertising campaigns to drive engagement. The Company plans to focus on recurring revenue streams through the further development of the platform-as-a-service (PaaS) model. The Company aims to enhance the proprietary Xyvid Pro Platform by continuously introducing interactive features to boost attendee engagement, integrating advanced data analytics, and improving the platform's scalability and flexibility. The Company plans to identify, invest in, partner with, and acquire appropriate businesses that offer complementary and strategic advantages to enhance overall competitiveness and growth. About TEN Holdings, Inc. The Company is a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. The Company mainly produces virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by the Company's proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. To learn more, visit www.tenholdingsinc.com. FORWARD-LOOKING STATEMENTS Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the Company's registration statement filed with the U.S. Securities and Exchange Commission (the "SEC") and its other SEC filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TEN Holdings, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. View original content to download multimedia:https://www.prnewswire.com/news-releases/ten-holdings-inc-reports-first-quarter-2025-financial-results-302460132.html SOURCE TEN Holdings, Inc.

LANGHORNE, Pa., March 28, 2025 /PRNewswire/ -- TEN Holdings, Inc. (Nasdaq: XHLD) ("TEN Holdings" or the "Company"), a provider of event planning, production, and broadcasting services, today announced its full year 2024 financial results. "Fiscal year 2024 was a building year for our business, as we worked to develop a pipeline of new strategies and markets that we can grow over the next few years. During the year, we invested in research and development and capital expenditures to prepare to execute on our growth initiatives. By working towards strengthening and enhancing our customer relations, expanding the scope of the Xyvid Pro Platform, and the integration of a new platform-as-a-service (PaaS) model, I am confident that we will build a solid foundation that is necessary to capitalize on our competitive strengths to provide revenue and margin performance to drive value for our shareholders," commented TEN Holdings Chief Executive Officer, Randolph Wilson Jones III. Business Highlights The Company initiated preparations for its initial public offering ("IPO") in 2024, successfully completing the IPO on February 18, 2025, with the Company's securities now trading on the Nasdaq Stock Market under ticker symbol "XHLD." For the year ended December 31, 2024, nine of our top ten customers, in terms of our revenue, were repeat customers. The Company reengineered it's go-to-market strategy with the addition of a new sales executive, realignment of its sales force, and by enhancing demand generation initiatives through industry conferences and digital advertising campaigns to drive engagement. The Company began the development of its new platform-as-a-service (PaaS) model to drive recurring revenue streams. Earnings Results The Company reported fiscal year 2024 total revenues of $3.5 million, down 5.8% from $3.7 million in fiscal year 2023. The decrease was due to the following factors: a.) Revenues from the delivered events – Virtual and Hybrid business segment decreased by approximately $306,000, mainly due to a 2023 event that did not repeat in 2024. b.) Revenue from the delivered events – Physical business segment increased by approximately $91,000, mainly due to a corporate restructuring which resulted in the addition of a full year of activity during the year ended December 31, 2024. c.) During the year ended December 31, 2023, the Company only reported revenue from "delivered events – physical" in June through December of 2023. Cost of revenue in fiscal year 2024 increased by approximately $97,000, or 17.5%, over the same period last year, to approximately $652,000, due to higher outsourced labor costs associated with physical events and a singular hybrid event that required significant third-party production and labor costs. Gross profit margin for fiscal year 2024 declined by 3.7% to 81.4% from 85.1% in fiscal year 2023, due to a decrease in revenues and higher labor expenses. Selling, general and administrative expenses increased by approximately $648,000, or 13.7%, to approximately $5.39 million in fiscal year 2024 compared to $4.74 million in fiscal year 2023, mainly due to accounting and professional service expenses, computer and software related expenses, and increased payroll expenses due to the addition of key members of the management team. Research and development expenses were $128,891 in fiscal year 2024 compared to $105,885 in fiscal year 2023. Interest expense was $210,000 in fiscal year 2024 compared to $52,000 in fiscal year 2023. Net loss for fiscal 2024 increased to $2.97 million compared to $1.69 million in fiscal year 2023, due to lower revenues and higher expenses. Net loss per share attributable to shareholders for fiscal year 2024 was ($0.12) compared to ($0.07) in fiscal year 2023. Selected Balance Sheet and Cash Flow Results As of December 31, 2024, the Company had total cash of approximately $48,000 compared to $357,000 in fiscal year 2023. Net cash used in operating activities increased from approximately $266,000 in fiscal year 2023 to approximately $2.48 million in fiscal year 2024. The increase in cash outflow was primarily due to the higher loss in fiscal 2024. Capital expenditures for fiscal year 2024 was $1.04 million compared to $1.07 million in fiscal year 2023, due to the acquisition of computer hardware, equipment and capitalized software. Company Outlook TEN Holdings plans to promote future business growth by strengthening customer relationships, improving customer loyalty, and increasing marketing and sales efforts with additional investment in digital marketing and sales team expansion. The Company plans to continuously enhance the proprietary Xyvid Pro Platform by introducing new interactive features to boost attendee engagement, integrating advanced data analytics tools for real-time insights and comprehensive event reporting, and improving the platform's scalability and flexibility. TEN Holdings is planning to launch a new platform-as-a-service (PaaS) model, empowering customers to independently utilize the Company's advanced technology through a recurring revenue model. Management anticipates that this strategic expansion will broaden the customer base, enhance market reach, and generate sustainable recurring revenue streams. The Company plans to identify, invest in, partner with, and acquire appropriate businesses that offer complementary and strategic advantages to enhance overall competitiveness and growth. About TEN Holdings, Inc. The Company is a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. The Company mainly produces virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by the Company's proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. To learn more, visit www.tenholdingsinc.com. FORWARD-LOOKING STATEMENTS Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors discussed in the "Risk Factors" section of the Company's registration statement filed with the U.S. Securities and Exchange Commission (the "SEC") and other SEC filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TEN Holdings, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. View original content to download multimedia:https://www.prnewswire.com/news-releases/ten-holdings-inc-reports-full-year-2024-financial-results-302414794.html SOURCE TEN Holdings, Inc.