Core Viewpoint - iPower Inc. reported a strategic transition in its operations, focusing on supply chain restructuring and a shift to U.S.-based sourcing, which temporarily impacted revenue but is expected to enhance long-term operational stability and margin durability [3][4][9]. Financial Performance - Revenue for the fiscal second quarter ended December 31, 2025, was $7.1 million, a decline from $19.1 million in the same quarter of the previous year, primarily due to the supply chain restructuring [1][18]. - Gross profit was $3.1 million, with a stable gross margin of 44.0%, indicating that core supply chain economics remained intact despite lower revenue [1][5]. - Total operating expenses decreased by 28% year-over-year to $5.6 million, attributed to personnel reductions and tighter expense controls [1][5]. - The net loss attributable to iPower was $1.2 million, or $(1.08) per share, reflecting the impact of lower revenue during the transition period [1][6]. Strategic Initiatives - In December 2025, iPower implemented a Digital Asset Treasury strategy with an institutional investor, raising $6.5 million from a convertible note offering [2]. - The company divested Global Product Marketing Inc. for approximately $2.3 million, which is expected to lower future operating costs significantly [2][8]. - A $2 million share repurchase program was authorized, reflecting management's confidence in the company's financial position and long-term value [2][10]. Operational Changes - The restructuring involved reducing purchase volumes from legacy international vendors and transitioning to a predominantly U.S.-based sourcing model, aimed at improving supply chain transparency and reducing risks [4][9]. - The divestiture of GPM is seen as a pivotal move to streamline operations and reduce structural costs while retaining core supply chain and infrastructure assets [8][9]. Balance Sheet Highlights - As of December 31, 2025, the company reported $2.0 million in cash and cash equivalents, $2.2 million in restricted cash, and approximately $2.2 million in digital assets, with total debt around $8.4 million [1][7]. - Short-term debt decreased to $2.6 million from $3.7 million as of June 30, 2025, indicating a reduction in traditional borrowings [7].

Core Insights - Jayud Global Logistics Limited has successfully launched its new warehousing operations in Rialto, California, which has seen rapid adoption and is positioned as a key player in cross-border logistics [1][2] Group 1: Warehouse Operations - The Rialto warehouse spans over 49,000 square feet and is already 95% full within one month of opening, fully booked for the entire 2025 holiday season, indicating strong demand from importers and e-commerce merchants [2] - Jayud operates an additional larger warehouse in the same area, which has about 70,000 square feet of space, creating an integrated fulfillment platform that enhances order processing and reduces transportation costs [4] Group 2: Strategic Location - The new warehouse is strategically located just two minutes from Amazon's fulfillment centers and less than 20 minutes from Ontario International Airport, enhancing its distribution capabilities on the West Coast [3] - Proximity to major global companies like Amazon, Target, and Porsche underscores the area's logistical advantages and connectivity [3] Group 3: Company Vision and Growth - The Chairman and CEO of Jayud emphasized the importance of these facilities as platforms that support entrepreneurial endeavors and ensure timely delivery of essential goods, reflecting the company's commitment to customer satisfaction [5] - As part of its growth strategy, Jayud plans to further invest in additional warehouse capacity and enhanced transportation services across California, New Jersey, and Georgia in 2026 [6] Group 4: Company Overview - Jayud Global Logistics is a leading provider of end-to-end supply chain solutions based in Shenzhen, focusing on cross-border logistics services with a global operational presence in 12 provinces in China and 16 countries across six continents [7] - The company offers a comprehensive range of services including freight forwarding and supply chain management, supported by strong service capabilities and proprietary IT systems [7]

Core Insights - Tive announced the 2025 winners of its Green Impact Leader award, recognizing customers for their commitment to sustainability through recycling trackers [1][2] - The Green Program incentivizes organizations to return used shipment trackers, aiming to reduce e-waste and promote sustainable practices in supply chain management [2] - Tive's technology provides real-time data to help shippers and logistics providers prevent waste and improve operational efficiency [2][4] Company Overview - Tive, founded in 2015, is a leader in supply chain and logistics visibility solutions, serving over 1,000 global shippers and logistics providers [4] - The company's cloud platform and patented sensor technology help monitor shipment conditions, reduce delays, and minimize losses due to theft and spoilage [4] - Tive's services are designed to ensure timely and complete delivery of shipments, emphasizing the importance of every shipment [4]

Core Insights - C.H. Robinson has introduced the Agentic Supply Chain, which allows companies across various industries to deploy AI solutions instantly [1] Group 1 - The Agentic Supply Chain is designed to enhance operational efficiency and decision-making processes for businesses [1] - This innovation aims to streamline supply chain management by integrating AI technologies [1] - Companies can leverage this system to improve responsiveness and adaptability in their supply chains [1]

Core Insights - The bankruptcy court in Mumbai approved Reliance Retail Ventures Ltd's (RRVL) resolution plan for Future Supply Chain Solutions Ltd (FSCSL), allowing the logistics arm of the Future Group to join Reliance [6] - The revival plan received 91.71% approval from the secured lenders and proposes a payment of Rs 170 crore for the acquisition [6][1] - The total admitted claims against FSCSL amount to Rs 885 crore, with major creditors including Azim Premji Trust, IDFC First Bank, and JC Flowers Asset Reconstruction claiming over Rs 485 crore [6][1] Company Overview - Future Supply Chain Solutions is India's first fully integrated and IT-enabled end-to-end supply chain and logistics company, specializing in modern warehousing, express logistics, cold chain, and e-commerce logistics [6][5] - The company provides third-party logistics support across various sectors, including food and beverages, lifestyle, consumer electronics, automotive, engineering, home and furniture, healthcare, general merchandise, and e-commerce [5][6] Bidding Process - Out of seven bidders, two submitted resolution plans, but one was withdrawn, leaving RRVL as the sole remaining bidder [2][6] - Other interested bidders included Tatkal Loan India, One City Infrastructure, Globe Ecologistics, Shanti G.D. Ispat & Power, Camions Logistics Solutions, and Sugna Metals [4][6] Bankruptcy Context - FSCSL was admitted under the Corporate Insolvency Resolution Process (CIRP) in January 2023 after defaulting on dues of approximately Rs 7.26 crore [4][6]