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BCS

Current Report · Items 2.02, 9.01 · 8-K

Flash Sports & Media Holdings, Inc.

Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On August 18, 2026, Flash Sports & Media Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the second quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.…

Filed Aug 18, 2026Accepted Aug 18, 2026, 8:21 AM EDTCIK 1706524Accession 0001213900-26-091000
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Company context

Flash Sports & Media Holdings, Inc. is a sports and media company focused on the development and commercialization of cricket media, league-management, sponsorship and related sports-entertainment opportunities. Through its relationships and operating platforms, the Company is focused on professional cricket properties, media and broadcast opportunities, sponsorships, league operations and related commercial initiatives.

Current securities

Historical securities (2)

Recent company filings

  1. Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Regulation FD DisclosureSep 29, 2026
  2. Regulation FD Disclosure · Other EventsSep 28, 2026
  3. Regulation FD DisclosureAug 26, 2026
  4. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingAug 21, 2026
  5. DEFA14A filingAug 14, 2026

Disclosure sections

Items 2.02, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial Condition. On August 18, 2026, Flash Sports & Media Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the second quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 furnished herewith, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Cautionary Note Regarding Forward-Looking Statements This Current Report on Form 8-K and Exhibit 99.1 contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995, including statements regarding the expected timing and amount of revenue recognition for Lanka Premier League Season 6, the recoverability of deferred contract costs, and the Company’s liquidity and financing plans. These statements are subject to risks and uncertainties, including substantial doubt about the Company’s ability to continue as a going concern as disclosed in Note 3 to the unaudited condensed consolidated financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, the Company’s recurring losses and need for additional capital, its working capital deficiency, its reliance on dilutive equity and convertible debt financing, and the other factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and its subsequent filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them except as required by law.
Filed exhibits (1)
EX-99.1 (by filename) ea030236101ex99-1.htm

EX-99.1 2 ea030236101ex99-1.htm PRESS RELEASE OF FLASH SPORTS & MEDIA HOLDINGS, INC. DATED AUGUST 18, 2026 Exhibit 99.1 Flash (NASDAQ: FLZH) Reports $266 million in Total Assets and $2.4 million in Cash at Second Quarter-End; $3.4 million of LPL Season 6 Fees Billed in Advance Second Quarter and First Half 2026 Highlights Total stockholders’ equity of $191.9 million at June 30, 2026, compared with a stockholders’ deficit of $45.2 million at December 31, 2025. Cash of $2.4 million at June 30, 2026, compared with $0.1 million at December 31, 2025. Financing activities generated $5.5 million of net cash during the first half of 2026. $3.4 million of Lanka Premier League Season 6 franchise, sponsorship and production fees were billed in advance and recorded as contract liabilities at June 30, 2026. These amounts are in addition to revenue generated during the season and are expected to be recognized as revenue in the third quarter of 2026 as the season is delivered. Legacy pre-merger business operations were classified entirely as discontinued operations. Loss from discontinued operations narrowed 90.1%, to $1 million for the first half of 2026 from $9.6 mil…

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