Cloudweb Reports $40,697 Net Loss for Six Months Ending June 30, 2025

Cloudweb, Inc. has reported its financial results for the six months ending June 30, 2025, revealing a net loss of $40,697, a decrease from the net loss of $45,035 recorded during the same period in 2024. The company's operating expenses for the first half of 2025 totaled $22,712, down 16% from $26,950 in the prior year. The reduction in operating expenses was primarily attributed to a decrease in professional fees, which fell to $22,712 from $26,950. For the second quarter of 2025, the net loss was $14,745, compared to $19,093 in the same quarter of 2024, marking a 23% improvement.

As of June 30, 2025, Cloudweb's total current liabilities increased to $684,191 from $643,494 at the end of 2024, primarily due to rising accrued interest and amounts due to related parties. The company reported a working capital deficiency of $684,191, reflecting a slight increase from the previous deficit of $643,494. The financial statements indicate that Cloudweb has no cash or current assets, raising concerns about its ability to continue operations without additional financing.

In terms of strategic developments, Cloudweb is exploring options to enhance its web hosting and data storage services, including plans to offer free hosting supported by advertising content. The company is also considering white labeling its services, allowing other brands to utilize its platforms. These initiatives are part of Cloudweb's broader strategy to expand its market presence and improve service offerings.

The company has not reported any significant changes in customer counts or user statistics, nor has it disclosed any geographic expansion data or product adoption rates in the filing. As of June 30, 2025, Cloudweb maintained a consistent employee headcount of 27,819,385 shares issued and outstanding. The company continues to face challenges related to its accumulated deficit, which stood at $233,501,604, raising substantial doubt about its ability to continue as a going concern.

Looking ahead, Cloudweb acknowledges the need for additional cash resources to execute its business plan effectively. The company is actively seeking financing options from related and unaffiliated parties to support its operations. The management has indicated that if it fails to generate positive cash flow or secure necessary funding, it may have to modify, delay, or abandon some or all of its business and expansion plans.