SONIC LIGHTING(SONC)
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Sonic Automotive Schedules Release of Fourth Quarter and Full Year 2025 Financial Results
Businesswire· 2026-01-21 11:45
"Sonic†or the "Company†) (NYSE:SAH), one of the nation's largest automotive retailers, today announced it will release fiscal 2025 fourth quarter and full year financial results on Wednesday, February 18, 2026 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern). CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. ("Sonic Automotive†or To dial in to the conference call via telephone, please dial (877) 407-8289 (domestic) or +1 (201) 689-8341 ...
SonicStrategy Reports Total Network Exposure of 177.6 Million Sonic Tokens
TMX Newsfile· 2026-01-13 13:50
Core Insights - SonicStrategy Inc. has reported significant growth in its validator scale and token exposure as of January 11, 2026, with a total of 177.6 million Sonic tokens across various holdings and strategies [3][4][5] Company Validator Scale and Token Exposure - The company's Sonic validators hold 138.4 million self-staked Sonic tokens, valued at approximately $11.8 million USD (about $16.2 million CAD) [3] - Total Sonic network exposure, including third-party delegations, is approximately 177.6 million Sonic tokens, representing a value of $15.1 million USD (CAD $20.8 million) [3][4] - The company operates two validators: the first holds 33.2 million Sonic tokens (3 million self-staked and 30.2 million third-party delegated), while the second holds 135.6 million Sonic tokens (126.6 million self-staked and 9 million third-party delegated) [4] Yield and Revenue Generation - SonicStrategy currently earns an annual yield of 5.69%, resulting in approximately 7,379,146 Sonic tokens per year, equivalent to $627,227 USD at the current price of $0.085 USD [5] - An additional 39,203,705 Sonic tokens have been delegated by third parties, generating 334,606 Sonic tokens annually for the company, reflecting 15% of the total rewards [5] - The company expects to generate a total of 7,713,752 Sonic tokens per year, representing approximately $655,669 USD in annual staking revenue [5] Operational Efficiency - SonicStrategy operates its validator nodes directly, with Sonic Labs providing hosting and infrastructure support at no cost, resulting in no direct expenses for hardware or data center operations [6] - The company emphasizes its independence from Sonic Labs, noting that there is no binding commercial agreement between the two parties [6] Company Overview - SonicStrategy Inc. is a publicly traded digital asset infrastructure company that operates validator, staking, and decentralized finance infrastructure across the Sonic blockchain and other digital asset networks [7]
SONIC LIGHTING(SONC) - 2025 Q3 - Quarterly Report
2026-01-05 11:18
Financial Performance - Revenues for the nine months ended September 30, 2025, were $55,044,610, a decrease of 9.5% compared to $60,978,809 for the same period in 2024[165]. - Net income for the nine months ended September 30, 2025, was $1,040,049, down 42.9% from $1,827,860 in 2024[165]. - Total revenues decreased by 9.7% from $60,978,809 for the nine months ended September 30, 2024 to $55,044,610 for the nine months ended September 30, 2025[201]. - Gross profit decreased by $2,560,514 from $17,536,290 for the nine months ended September 30, 2024 to $14,975,776 for the nine months ended September 30, 2025, with a gross profit margin decline from 28.7% to 27.2%[208]. - Income before income tax expense decreased to $803,190 for the nine months ended September 30, 2025, from $1,849,386 for the same period in 2024, attributed to lower revenues[212]. - Net income decreased from $1,827,860 for the nine months ended September 30, 2024, to $1,040,049 for the same period in 2025[215]. Revenue Sources - Wholesale income represented 58.9% of total revenues in 2025, slightly increasing from 58.5% in 2024, with net wholesale income of $32,441,649[171][175]. - Online retail sales income increased to $17,296,459 in 2025, representing 31.5% of total revenues, up from 25.1% in 2024[181]. - Agency income decreased significantly to $4,582,151, accounting for 8.3% of total revenues, down from 14.8% in 2024[183]. - Wholesale income decreased by $3,212,741 from $35,654,390 for the nine months ended September 30, 2024 to $32,441,649 for the nine months ended September 30, 2025, due to a reduction in sales volume from 380,475 units to 354,842 units[202]. - Online retail sales income increased by $1,964,651 from $15,331,808 for the nine months ended September 30, 2024 to $17,296,459 for the nine months ended September 30, 2025, with units sold rising from 104,711 to 121,922[204]. - Agency income decreased by $4,415,556 from $8,997,707 for the nine months ended September 30, 2024 to $4,582,151 for the nine months ended September 30, 2025, with sales volume falling from 312,846 units to 166,239 units[205]. Expenses - Cost of revenues represented 72.8% of total revenues in 2025, compared to 71.2% in 2024, indicating rising costs[187]. - Selling and marketing expenses accounted for 10.5% of total revenues in 2025, slightly increasing from 10.1% in 2024[190]. - General and administrative expenses rose to 19.1% of total revenues in 2025, up from 17.2% in 2024[191]. - Cost of revenues decreased by $3,373,685, or 7.8%, from $43,442,519 for the nine months ended September 30, 2024 to $40,068,834 for the nine months ended September 30, 2025[207]. - Selling and marketing expenses decreased by $384,422 from $6,152,821 for the nine months ended September 30, 2024 to $5,768,399 for the nine months ended September 30, 2025[209]. - General and administrative expenses decreased by $8,739 to $10,498,297 for the nine months ended September 30, 2025, from $10,507,036 for the same period in 2024[210]. Cash Flow and Assets - Net cash provided by operating activities increased to $1,314,448 for the nine months ended September 30, 2025, compared to $398,057 for the same period in 2024[220]. - Cash and cash equivalents at the end of the period increased to $688,857 as of September 30, 2025, from $640,489 as of September 30, 2024[220]. - Net cash used in financing activities decreased significantly to $757,149 for the nine months ended September 30, 2025, from $4,238,787 for the same period in 2024[225]. - The company recognized deferred tax assets of $644,958 as of September 30, 2025, compared to $21,047 as of September 30, 2024, resulting in a significant income tax benefit[214]. Customer and Vendor Concentration - Major customers accounted for 52% of revenues for the nine months ended September 30, 2025, with Customer A and Customer B contributing $15,115,107 (27%) and $13,728,920 (25%) respectively[232]. - Major vendors accounted for 85% of purchases for the nine months ended September 30, 2025, with Vendor A contributing $11,300,733 (37%) and Vendor B contributing $5,613,136 (18%)[233]. Provisions and Liabilities - The allowance for expected credit loss against financial assets was $541,934 as of September 30, 2025, compared to $563,269 as of December 31, 2024[248]. - Contract liabilities for return allowances were $353,822 as of September 30, 2025, up from $316,979 as of December 31, 2024[249]. - The warranty provision balance increased to $325,487 as of September 30, 2025, from $188,880 as of December 31, 2024[250]. Economic Environment - The year-over-year percent change in the consumer price index rose by 3.0% for the nine months ended September 30, 2025[245]. - Inflation in the United States showed a year-over-year increase of 3.0% for the nine months ended September 30, 2025 and 2024, but has not materially affected the company's operations[245]. - The company does not anticipate any material effects on net revenue or profitability from current trends or uncertainties[244]. Legal Matters - FedEx filed a civil complaint seeking damages of approximately $750,000 related to an alleged early termination of contract[240]. Risk Management - The company is actively pursuing strategies to mitigate risks from escalating trade tensions and tariff policy volatility[170]. - The company has not experienced any losses in bank accounts and believes there is no significant credit risk on cash and cash equivalents[229].
SonicStrategy Announces Amendment to Debenture with Sonic Labs to Extend Maturity and Simplify Conversion Terms
TMX Newsfile· 2025-12-31 14:00
Core Viewpoint - SonicStrategy Inc. has extended its convertible debenture agreement with Sonic Labs for an additional three years, allowing the company to maintain custody of Sonic tokens while pursuing a NASDAQ listing [1][2]. Group 1: Convertible Debenture Details - The original convertible debenture was set for a six-month term expiring on March 10, 2026, and has now been extended to March 10, 2029, due to current market conditions [2]. - The amended debenture is unsecured, non-interest bearing, and convertible into common shares at a price of $4.50 USD ($6.22 CAD) per share, with a principal amount of US$40 million contingent upon achieving a NASDAQ listing [4]. - The company currently holds 126,622,348.845 Sonic tokens valued at approximately US$9.75 million based on CoinMarketCap pricing as of December 30, 2025 [3]. Group 2: Market Context and Company Strategy - The extension of the debenture reflects the current market conditions in the digital asset treasury market, with the company expressing confidence in the growth of interest in this sector [5]. - The three-year extension is intended to provide the company with the necessary time and flexibility to build momentum and support early-stage projects within the Sonic ecosystem [5].
North Peak Confirms Historic Waste Rock Pile Mineralisation with Sonic Drilling and Completion of 2025 Reverse Circulation Exploration Drilling Program at Prospect Mountain, Nevada
TMX Newsfile· 2025-12-19 12:30
Core Viewpoint - North Peak Resources Ltd. has announced positive assay results from an aircore drill program on the waste rock pile at its Prospect Mountain Mine complex, indicating mineralization and potential for further exploration and metallurgical testing [1][4]. Summary by Sections Drill Program and Results - The company conducted an 11-hole aircore drill program to characterize the grade distribution of the waste rock pile, which contains approximately 240,000 short tons of material [2]. - The best assay result reported was 2.34 g/t Au and 68 g/t Ag from hole PM25-001S at a depth of 0-5ft, with weighted average values for each hole ranging from 1.28 g/t Au and 34 g/t Ag over 10ft in PM25-007S to 0.24 g/t Au and 18.8 g/t Ag over 20ft in PM25-002S [3][5]. Future Plans and Objectives - The company plans to continue metallurgical test work on the bulk sample from the recent drilling, including bottle rolls and column leach tests to evaluate the material's suitability for toll leaching with third-party operators [4]. - The main objective remains to identify economic quantities of gold mineralization within the Prospect Mountain Property, with a completed 2025 exploration drilling program consisting of 14 holes totaling 4,194m [4]. Property and Geological Context - The Prospect Mountain Mine complex is located in the Southern Eureka Gold Belt, where three styles of mineralization have been identified: Carlin style, Carbonate Replacement, and Porphyry Related Skarn [11]. - A Plan of Operations allows for surface exploration and underground mining of up to 365,000 tons per annum, with a detailed geological description available in the NI 43-101 Technical Report [12].
SONIC LIGHTING(SONC) - Prospectus(update)
2025-11-12 12:37
As filed with the U.S. Securities and Exchange Commission on November 12, 2025. Registration No. 333-290821 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ SONIC LIGHTING, INC. (Exact Name of Registrant as Specified in its Charter) _____________________________________ | Nevada | 5010 | 33-4774630 | | --- | --- | --- | | (State or Other Jurisdiction of | (Primary ...
Rockford Fosgate Unveils Fitment-Focused, Solution-Driven PUNCH Speaker Line, Delivering an Epic New Sonic Signature
Prnewswire· 2025-11-04 17:00
Core Insights - Rockford Fosgate has launched its new PUNCH Speaker Line, featuring three series (P1, P2, P3) designed for high performance and easy installation in modern vehicles [1][2] - The PUNCH lineup incorporates advanced technologies such as VAST 2.0™ for increased cone area and Tru-Sight™ tweeter technology for improved sound quality [1][2] - The new speakers will be showcased at SEMA 2025 and will be available for purchase in Q1 2026 [2] Product Details - **P1 Series**: 3-way coaxial speakers designed as direct replacements for stock speakers, offering significant sound clarity improvements with minimal installation modifications [3] - **P2 Series**: 2-way convertible speakers that can be used as coaxial or separated into tweeter/midrange setups, enhancing sound staging [3] - **P3 Series**: 3-way component systems aimed at vehicles with existing multi-speaker setups, providing detailed sound reproduction for audio enthusiasts [3] Company Background - Rockford Fosgate has over 45 years of experience in the audio industry, focusing on high-performance audio systems for various vehicle types [2][4] - The company is headquartered in Tempe, Arizona, and operates as a subsidiary of Patrick Industries, Inc. [4]
SonicStrategy Announces Total Network Exposure of 171 Million Sonic, Up 3 Million Since September 16, Representing 3.56 Sonic per Share
Newsfile· 2025-10-28 07:01
Core Insights - SonicStrategy Inc. has reported a total network exposure of 171 million Sonic tokens, an increase of 3 million since September 16, 2025, equating to 3.56 Sonic tokens per share [1][3]. Company Performance - Since the last update on September 16, 2025, SonicStrategy's validator nodes have generated approximately 760,000 Sonic tokens, valued at around USD $129,000 based on a price of USD $0.176 per token [2]. - As of October 24, 2025, the company's validators hold 140.5 million self-staked Sonic tokens, valued at approximately USD $24.7 million, while total network exposure is approximately USD $30.1 million [3]. Validator Operations - SonicStrategy operates enterprise-grade validator infrastructure designed for speed, reliability, and security, utilizing high-performance servers and secure data centers [4]. - The company currently earns approximately 5% annually from its self-staked tokens, resulting in an annual staking revenue of approximately USD $1,186,345 [9]. Token Exposure Breakdown - Total Sonic exposure includes approximately 171 million tokens across validators, DeFi strategies, and wallet holdings, with specific breakdowns for each validator [7]. - The first validator has 37.3 million Sonic tokens staked, while the second validator has 127.2 million Sonic tokens staked [7]. Strategic Positioning - The growth in Sonic exposure reflects the strength of SonicStrategy's infrastructure and strategy, contributing to the security and decentralization of the Sonic network [9].
Sonic Automotive Q3 Earnings Miss Expectations, Revenues Rise Y/Y
ZACKS· 2025-10-24 15:16
Core Insights - Sonic Automotive, Inc. (SAH) reported Q3 2025 adjusted earnings per share of $1.41, missing the Zacks Consensus Estimate of $1.82 but showing an 11.9% increase from the previous year [1][9] - Total revenues reached $4 billion, exceeding the Zacks Consensus Estimate of $3.67 billion and rising 14% from $3.5 billion in the same quarter last year [1][9] Revenue Breakdown - Consolidated revenues from new vehicle sales were $1.9 billion, up 19% year over year; used vehicle sales generated $1.25 billion, up 6%; and wholesale vehicle sales totaled $84.2 million, up 25% [2] - Revenues from parts, service, and collision repair increased 11% to $533.9 million, while finance, insurance, and other revenues rose 16% to $203.8 million [2] - Total gross profit increased 13% to $615.5 million [2] Franchised Dealerships Segment - Revenues from new vehicle sales in this segment were $1.86 billion, up 19% year over year; used vehicle sales were $796.7 million, up 14%; and wholesale vehicle sales reached $52.8 million, up 25% [3] - Parts, service, and collision repair revenues increased 11% to $510.1 million, and finance, insurance, and other revenues jumped 21% to $147.6 million [3] - Same-store revenues rose 11% to over $3 billion, with same-store retail units of new and used vehicles totaling 54,897, a 5% increase from the same quarter of 2024 [3] EchoPark Segment - The EchoPark segment reported quarterly revenues of $522.5 million, down 4% year over year, with used vehicle sales at $439.2 million (down 7%) and wholesale vehicle sales at $30.4 million (up 28%) [4] - The segment sold 16,353 used vehicles and 3,224 wholesale vehicles, reflecting a decrease of 8% and an increase of 19%, respectively, year over year [4] Powersports Segment - Revenues from new vehicle sales in the Powersports segment totaled $38.8 million, up 44% year over year; used vehicle sales reached $17.2 million, up 91%; while wholesale vehicle sales were $1 million, down 9% [5] - Parts, service, and collision repair revenues rose 18% to $23.8 million, with same-store revenues up 35% to $78.3 million [5] - Same-store retail units of new and used vehicles were 2,822, a 42% increase year over year [5] Financial Metrics - Selling, general, and administrative expenses increased 15% year over year to 73.4% of gross profit [6] - Cash and cash equivalents stood at $89.4 million as of September 30, 2025, up from $44 million as of December 31, 2024 [6] - Long-term debt decreased to $1.44 billion as of September 30, 2025, down from $1.51 billion as of December 31, 2024 [6] Dividend Announcement - Sonic Automotive announced a quarterly dividend of 38 cents per share, payable on January 15, 2025, to stockholders of record as of December 15 [7] Market Position - Sonic Automotive currently holds a Zacks Rank 3 (Hold) [8] - Other better-ranked stocks in the auto sector include Cooper-Standard Holdings Inc. (CPS), OPENLANE, Inc. (KAR), and Garrett Motion Inc. (GTX), each with a Zacks Rank 1 (Strong Buy) [8]
SONIC LIGHTING(SONC) - Prospectus(update)
2025-10-23 16:04
As filed with the U.S. Securities and Exchange Commission on October 23, 2025. Registration No. 333-290821 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ SONIC LIGHTING, INC. (Exact Name of Registrant as Specified in its Charter) _____________________________________ | Nevada | 5010 | 33-4774630 | | --- | --- | --- | | (State or Other Jurisdiction of | (Primary S ...