Sono Group N.V. (SSM) swings to loss as Bitcoin treasury and debt reshape balance sheet
Sono Group N.V. (SSM) reported no revenue from continuing operations and a $3.3 million loss from continuing operations for the six months ended June 30, 2026, with net loss of $5.8 million. It sold Sono Motors GmbH on May 4, 2026, recording a $1.1 million deconsolidation loss. At June 30, 2026, assets were $5.0 million, including $4.1 million in Bitcoin, vs. $7.8 million liabilities and a $2.8 million equity deficit. Management cited substantial doubt about going concern.
