SDOT on Nasdaq
Sadot Group Inc.
American retail-eating and drinking places company based in Burleson. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerSDOT on Nasdaq1
- IndustryRetail-Eating & Drinking Places1
- HeadquartersBurleson, Texas1
- Incorporated inNV2
- Business address295 E. Renfro Street, Suite 300, Burleson, Tx2
- Filer category, Emerging growth company2
- Legal formCorporation
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The Purchase Price consisted of: (i) a $100,000 earnest money deposit previously paid by the Buyers; (ii) $2,600,000 paid at closing;3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue85¢$242.4M
- Selling, general and admin15¢$42.9M
- Income tax0¢$228.0K
Out of $246.9M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Commodity sales | $246.9M | $700.9M |
| Other revenues | $69.0K | |
| Cost of goods sold | -$242.4M | -$678.2M |
| Gross profit | $4.6M | $22.7M |
| Depreciation and amortization expenses | -$95.0K | -$259.0K |
| Stock-based expenses | -$2.1M | -$6.7M |
| Sales, general and administrative expenses | -$42.9M | -$9.7M |
| (Loss) / Income from continuing operations | -$40.5M | $6.2M |
| Interest expense, net | -$5.6M | -$4.6M |
| Change in fair value of stock-based compensation | $778.0K | $4.1M |
| Loss on impairment | -$31.0M | |
| Loss on litigation | -$13.5M | |
| Loss on debt extinguishment | -$3.6M | |
| (Loss) / Income from continuing operations before income tax | -$93.5M | $5.6M |
| Income tax benefit (expense) | $228.0K | -$3.0K |
| Net (Loss) / Income from continuing operations | -$93.2M | $5.6M |
| (Loss) from discontinued operations, net of income taxes | -$739.0K | -$1.9M |
| Net (loss) income from discontinued operations | -$739.0K | -$1.9M |
| Net (Loss) / Income | -$94.0M | $3.7M |
| Net loss attributable to non-controlling interest | $586.0K | $256.0K |
| Net (Loss) / Income attributable to Sadot Group Inc. | -$93.4M | $4.0M |
| Basic | -$113 | $13 |
| Diluted | -$113 | $13 |
| Basic | -$1 | -$4 |
| Diluted | -$1 | -$4 |
| Basic | 820.3K shares | 458.3K shares |
| Diluted | 820.3K shares | 466.6K shares |
| Net (Loss) / Income | -$94.0M | $3.7M |
| Foreign currency translation adjustment | -$7.0K | $20.0K |
| Unrealized (loss), net of income tax | -$55.0K | |
| Total other comprehensive loss | -$7.0K | -$35.0K |
| Total comprehensive (loss) income | -$94.0M | $3.7M |
| Comprehensive loss attributable to non-controlling interest | $586.0K | $256.0K |
| Total comprehensive (loss) income attributable to Sadot Group Inc. | -$93.4M | $4.0M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2025-09-30 | 2024-12-31 | 2023-12-31 | 2023-02-28 |
|---|---|---|---|---|---|
| Cash (includes $0.27 million of restricted cash as of December 31, 2025 and 2024) | $653.0K | $1.8M | |||
| Accounts receivable, net of allowance for doubtful accounts of $27.8 million and $0.1 million as of December 31, 2025 and 2024, respectively | $383.0K | $18.0M | |||
| Inventory | $717.0K | ||||
| Assets held for sale | $5.2M | ||||
| Other current assets | $1.7M | $127.0M | |||
| Total current assets | $2.8M | $152.7M | |||
| Property and equipment, net | $20.0K | $11.8M | |||
| Right to use assets | $110.0K | ||||
| Other non-current assets | $10.0K | $155.0K | |||
| Total assets | $2.9M | $164.7M | |||
| Accounts payable and accrued expenses | $47.3M | $28.0M | |||
| Notes payable, current, net of discount of $0.1 million and $0.9 million as of December 31, 2025 and 2024, respectively | $10.2M | $7.4M | |||
| Deferred revenue, current | $2.3M | ||||
| Liabilities held for sale | $2.3M | ||||
| Other current liabilities | $27.0K | $92.2M | |||
| Total current liabilities | $57.6M | $132.2M | |||
| Other non-current liabilities | $84.0K | $111.0K | |||
| Total liabilities | $57.6M | $132.3M | |||
| Common stock, $0.0001 par value, 2,000,000 shares authorized, 1,549,080 and 522,514 shares issued and outstanding as of December 31, 2025, and 2024, respectively | $1.0K | $1.0K | |||
| Additional paid-in capital | $119.3M | $112.4M | |||
| Accumulated deficit | -$176.6M | -$83.2M | |||
| Accumulated other comprehensive (Loss) / Income | -$34.0K | -$27.0K | |||
| Total Sadot Group Inc. shareholders (deficit)/equity | -$57.4M | $29.2M | |||
| Non-controlling interest | $2.7M | $3.2M | |||
| Total (deficit)/equity | -$54.7M | $32.4M | $36.1M | ||
| Total liabilities and equity | $2.9M | $164.7M | |||
| restricted cash | $270.0K | $270.0K | |||
| Allowance for doubtful accounts | $27.8M | $100.0K | |||
| Discount on notes payable | $100.0K | $900.0K | |||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 2.0M shares | 2.0M shares | 5.0M shares | 15.0M shares | |
| Common stock, issued (in shares) | 1.5M shares | 522.5K shares | |||
| Common stock, outstanding (in shares) | 1.5M shares | 522.5K shares |
| Period ending | 2025-12-31 | 2025-09-30 | 2024-12-31 | 2023-12-31 | 2023-02-28 |
|---|---|---|---|---|---|
| Cash (includes $0.27 million of restricted cash as of December 31, 2025 and 2024) | $653.0K | $1.8M | |||
| Accounts receivable, net of allowance for doubtful accounts of $27.8 million and $0.1 million as of December 31, 2025 and 2024, respectively | $383.0K | $18.0M | |||
| Inventory | $717.0K | ||||
| Assets held for sale | $5.2M | ||||
| Other current assets | $1.7M | $127.0M | |||
| Total current assets | $2.8M | $152.7M | |||
| Property and equipment, net | $20.0K | $11.8M | |||
| Right to use assets | $110.0K | ||||
| Other non-current assets | $10.0K | $155.0K | |||
| Total assets | $2.9M | $164.7M | |||
| Accounts payable and accrued expenses | $47.3M | $28.0M | |||
| Notes payable, current, net of discount of $0.1 million and $0.9 million as of December 31, 2025 and 2024, respectively | $10.2M | $7.4M | |||
| Deferred revenue, current | $2.3M | ||||
| Liabilities held for sale | $2.3M | ||||
| Other current liabilities | $27.0K | $92.2M | |||
| Total current liabilities | $57.6M | $132.2M | |||
| Other non-current liabilities | $84.0K | $111.0K | |||
| Total liabilities | $57.6M | $132.3M | |||
| Common stock, $0.0001 par value, 2,000,000 shares authorized, 1,549,080 and 522,514 shares issued and outstanding as of December 31, 2025, and 2024, respectively | $1.0K | $1.0K | |||
| Additional paid-in capital | $119.3M | $112.4M | |||
| Accumulated deficit | -$176.6M | -$83.2M | |||
| Accumulated other comprehensive (Loss) / Income | -$34.0K | -$27.0K | |||
| Total Sadot Group Inc. shareholders (deficit)/equity | -$57.4M | $29.2M | |||
| Non-controlling interest | $2.7M | $3.2M | |||
| Total (deficit)/equity | -$54.7M | $32.4M | $36.1M | ||
| Total liabilities and equity | $2.9M | $164.7M | |||
| restricted cash | $270.0K | $270.0K | |||
| Allowance for doubtful accounts | $27.8M | $100.0K | |||
| Discount on notes payable | $100.0K | $900.0K | |||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 2.0M shares | 2.0M shares | 5.0M shares | 15.0M shares | |
| Common stock, issued (in shares) | 1.5M shares | 522.5K shares | |||
| Common stock, outstanding (in shares) | 1.5M shares | 522.5K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net (Loss) / Income | -$94.0M | $3.7M |
| Depreciation and amortization expenses | $95.0K | $259.0K |
| Gain / (loss) on fair value remeasurement | -$17.1M | |
| Stock-based expenses | $2.1M | $6.7M |
| Change in fair value of stock-based compensation | -$778.0K | -$4.1M |
| Amortization of debt discount | $2.2M | |
| Unrealized gain / (loss), net of income tax | -$55.0K | |
| Loss on extinguishment of debt | $3.6M | |
| Impairment of assets | $31.0M | |
| Foreign exchange translation adjustment | -$7.0K | $20.0K |
| Bad debt expense | $33.4M | $341.0K |
| Accounts receivable, net | -$15.7M | $34.5M |
| Inventory | $717.0K | $1.6M |
| Operating right to use assets and lease liabilities, net | -$110.0K | $2.0K |
| Other current assets | $105.8M | -$53.9M |
| Other non-current assets | $145.0K | $46.3M |
| Accounts payable and accrued expenses | $17.2M | -$21.9M |
| Other current liabilities | -$92.2M | $46.1M |
| Other non-current liabilities | -$46.0M | |
| Deferred revenue | -$2.3M | $823.0K |
| Total adjustments | $85.3M | -$6.5M |
| Net cash used in operating activities | -$8.7M | -$2.8M |
| Net cash used in operating activities - discontinued operations | $3.7M | -$450.0K |
| Purchases of property and equipment | -$37.0K | |
| Disposal of property and equipment | $33.0K | |
| Net cash provided by (used in) investing activities | -$4.0K | |
| Net cash provided by investing activities - discontinued operations | $1.0M | |
| Proceeds from notes payable | $11.7M | $11.1M |
| Repayments of notes payables | -$9.4M | -$8.3M |
| Debt Discount | -$1.4M | |
| Proceeds from issuance of common stock | $3.0M | |
| Net cash provided by (used in) financing activities | $3.8M | $2.8M |
| Net cash used in financing activities - discontinued operations | $0 | -$137.0K |
| Net Change in Cash | -$1.1M | $432.0K |
| Cash paid for interest | $1.3M | $3.1M |
| Cash paid for taxes | $4.0K | $4.0K |
| Conversion of notes payable into common stock | $1.7M | $1.8M |
| Conversion of stock | $1.7M | $1.8M |
| Exchange of accounts receivable for equity securities | $13.4M | |
| Issuance of equity securities to settle accounts payable | $1.1M | |
| Issuance of common stock as equity issuance costs | $100.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Sadot Group Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerCatia Jorge Feb 28, 2025 to Jun 4, 202512
- Chief executive officerChagay Ravid Jun 4, 2025 to now13
- Chief executive officerMichael John Roper Sep 6, 2019 to Feb 28, 202514
- Chief executive officerRobert Eugene Morgan Mar 29, 2018 to Mar 29, 201815
- PresidentRobert Eugene Morgan Mar 29, 2018 to Mar 29, 201815
- PresidentKevin James Mohan Apr 30, 2018 to Apr 30, 201816
- Chief financial officerPaul Sansom Oct 1, 2025 to now17
- Chief financial officerStephen Andrew Spanos Jan 19, 2022 to Jan 19, 202218
- Chief financial officerFerdinand Groenewald Oct 30, 2018 to Apr 1, 202119
Board members and other officers (30)
- Chief Governance & ComplianceMichael John Roper Apr 11, 2025 to now20
- Chief Marketing OfficerAimee Infante May 13, 2019 to Aug 22, 202321
- Chief Investment OfficerKevin James Mohan Sep 6, 2019 to now22
- VP of FinanceFerdinand Groenewald Mar 29, 2018 to May 4, 202223
- CCO of MMB subsidiaryRodney Silva Apr 2, 2018 to Apr 2, 201824
- Board memberChagay Ravid Jan 14, 2026 to now25
- Board memberAlexander David Nov 5, 2025 to now26
- Board memberYuriy Shirinyan Dec 17, 2025 to now27
- Board memberNa Yeon Oh Mar 8, 2023 to now28
- Board memberRay Shiwan Shankar Mar 8, 2023 to now29
- Board memberBenjamin Gorgy Petel Apr 6, 2023 to now30
- Board memberMarvin Tien Wei Yeo Apr 21, 2023 to now31
- Board memberPaul Sansom May 12, 2023 to now32
- Board memberAhmed Khan Jun 20, 2023 to now33
- Board memberDavid Errington Jun 20, 2023 to now34
- Board memberMark Alan McKinney Jun 20, 2023 to now35
- Board memberStephen Andrew Spanos May 15, 2020 to now36
- Board memberMalcolm B. Frost Dec 22, 2020 to Jan 5, 202437
- Board memberPhillip Balatsos Dec 22, 2020 to Jan 5, 202438
- Board memberOmprakash Vajinapalli Jan 29, 2019 to Feb 19, 202139
- Board memberPeter Samuel Petrosian Sep 6, 2019 to Aug 27, 202140
- Board memberJeffrey N. Carl Sep 18, 2019 to Mar 28, 202441
- Board memberAlfred B. Southall Iii. Mar 29, 2018 to Jan 5, 202442
- Board memberMerlin C. Spencer Mar 29, 2018 to Mar 29, 201843
- Board memberPaul L. Menchik Mar 29, 2018 to Jan 8, 202444
- Board memberRobert Eugene Morgan Mar 29, 2018 to Mar 29, 201815
- Board memberTim M. Betts Mar 29, 2018 to Mar 29, 201845
- Board memberA. Noel Dewinter Mar 30, 2018 to Oct 18, 201946
- Board memberKevin James Mohan Apr 30, 2018 to now16
- Board memberJohn Marques Sep 20, 2018 to Feb 19, 202147
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive OfficerOren J. Attiya named Feb 25, 202648
- Executive OfficerJennifer Black named Dec 11, 202449
- Executive OfficerKenneth Miller named Dec 3, 2021 to Dec 11, 202449
- DirectorDavid J. Alexnader named Feb 25, 202648
- DirectorLiat J. Franco named Feb 25, 202648
- DirectorSean J. Schnapp named Feb 25, 202648
- DirectorAhmed Kahn named Dec 11, 202449
- DirectorA.B. A. Southall III named Dec 3, 202150
Former names
- Muscle Maker, Inc.Mar 30, 2017 to Jul 24, 20232
Timeline
Filings
449 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 145 major events, 214 insider forms, 19 large holders, 3 private raises, 48 other. The latest 20:
- Oct 13, 20268-K EDGAR
- Oct 1, 20268-K EDGAR
- Oct 1, 20268-K EDGAR
- Sep 28, 2026S-1/A EDGAR
- Sep 25, 20268-K EDGAR
- Sep 17, 20268-K EDGAR
- Sep 15, 20268-K EDGAR
- Aug 25, 2026S-1/A EDGAR
- Aug 25, 20268-K EDGAR
- Aug 21, 20268-K EDGAR
- Aug 20, 20268-K EDGAR
- Aug 18, 20268-K EDGAR
- Aug 14, 2026DEF 14A EDGAR
- Aug 14, 20268-K EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 4, 20268-K EDGAR
- Jul 31, 2026PRE 14A EDGAR
- Jul 30, 20268-K EDGAR
- Jul 28, 2026S-1 EDGAR
- Jul 24, 20268-K EDGAR
The 449 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
48 open-market trades by officers, directors and large owners since October 2021: 33 buys and 15 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 13, 2026 | Ravid ChagayChief Executive Officer | Sale | 1,305 | $3.40 | $4.4K | Form 4 |
| Oct 20, 2025 | Roper Michael JohnChief Governance & Compliance | Sale | 479 | $5.83 | $2.8K | Form 4 |
| Jul 30, 2025 | Black Jennifer KayChief Financial Officer | Sale | 14,163 | $0.93 | $13.2K | Form 4 |
| Jun 30, 2025 | Black Jennifer KayChief Financial Officer | Sale | 3,746 | $1.33 | $5.0K | Form 4 |
| Jun 30, 2025 | Roper Michael JohnChief Governance & Compliance | Sale | 6,508 | $1.33 | $8.7K | Form 4 |
| Apr 10, 2025 | Roper Michael JohnChief Governance & Compliance | Sale | 7,946 | $2.03 | $16.1K | Form 4 |
| Apr 10, 2025 | Black Jennifer KayChief Financial Officer | Sale | 4,567 | $2.03 | $9.3K | Form 4 |
| Apr 10, 2025 | Mohan Kevin JamesChief Investment Officer | Sale | 2,863 | $2.03 | $5.8K | Form 4 |
| Jan 3, 2025 | Black Jennifer KayChief Financial Officer | Sale | 1,638 | $3.75 | $6.1K | Form 4 |
| Jan 3, 2025 | Mohan Kevin JamesChief Investment Officer | Sale | 2,189 | $3.75 | $8.2K | Form 4 |
| Jan 3, 2025 | Roper Michael JohnChief Governance & Compliance | Sale | 2,374 | $3.75 | $8.9K | Form 4 |
| Oct 2, 2024 | Mohan Kevin JamesChief Investment Officer | Sale | 12,056 | $0.36 | $4.3K | Form 4 |
| Oct 2, 2024 | Roper Michael JohnChief Governance & Compliance | Sale | 12,056 | $0.36 | $4.3K | Form 4 |
| Oct 2, 2024 | Black Jennifer KayChief Financial Officer | Sale | 6,057 | $0.36 | $2.2K | Form 4 |
| Dec 12, 2023 | Errington DavidDirector | Buy | 10,000 | $0.40 | $4.0K | Form 4 |
| Nov 30, 2023 | Black Jennifer KayChief Financial Officer | Buy | 10,000 | $0.52 | $5.2K | Form 4 |
| Nov 27, 2023 | Errington DavidDirector | Buy | 16,946 | $0.58 | $9.8K | Form 4 |
| Nov 24, 2023 | Errington DavidDirector | Buy | 54 | $0.57 | $31 | Form 4 |
| Nov 17, 2023 | Miller Kenneth EugeneChief Operating Officer | Buy | 5,700 | $0.49 | $2.8K | Form 4 |
| Nov 17, 2023 | Khan AhmedDirector | Buy | 2,033 | $0.49 | $996 | Form 4 |
All 48 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- ARMISTICE CAPITAL, LLCSCHEDULE 13G/A, 9 filings Feb 15, 2022 to Nov 14, 202551
- Raymond L. GrafSCHEDULE 13G, 1 filing Jul 15, 202452
- AGGIA FZ LLCSC 13D, 1 filing Apr 19, 202353
- Altium Capital Management LLCSC 13G/A, 3 filings Dec 27, 2021 to Feb 14, 202354
- Joseph GiamichaelSC 13G/A, 2 filings Nov 29, 2022 to Feb 6, 202355
Money raised
Private offerings the company reported to the SEC on Form D.
- Feb 6, 2026Raised $1.1 million in a private offering of securities Form D: named in the filing: Yuriy A. Shirinyan, Sean J. Schnapp, Oren J. Attiya, David J. Alexnader, Liat J. Franco, Chagay Ravid Form D
- Dec 4, 2024Raised $3.8 million in a private offering of securities Form D: 2 investors so far Form D
- Nov 22, 2021Raised $15 million in a private offering of equity Form D: 6 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Osaic Holdings, Inc. | 900 | $31.6K | 0.0% | New |
| Tower Research Capital LLC (TRC) | 496 | $17.4K | 0.0% | New |
| Vanguard Capital Management LLC | 153 | $5.4K | 0.0% | New |
| UBS Group AG | 32 | $1.1K | 0.0% | New |
| SBI Securities Co., Ltd. | 10 | $351 | 0.0% | New |
| Caitong International Asset Management Co., Ltd | 1 | $35 | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARCatia Jorge, Chief executive officer
- 13
- 14
- 15
- 16SEC EDGARKevin James Mohan, President
- 17SEC EDGARPaul Sansom, Chief financial officer
- 18
- 19
- 20
- 21
- 22
- 23SEC EDGARFerdinand Groenewald, VP of Finance
- 24SEC EDGARRodney Silva, CCO of MMB subsidiary
- 25SEC EDGARChagay Ravid, Board member
- 26SEC EDGARAlexander David, Board member
- 27SEC EDGARYuriy Shirinyan, Board member
- 28SEC EDGARNa Yeon Oh, Board member
- 29SEC EDGARRay Shiwan Shankar, Board member
- 30SEC EDGARBenjamin Gorgy Petel, Board member
- 31SEC EDGARMarvin Tien Wei Yeo, Board member
- 32SEC EDGARPaul Sansom, Board member
- 33SEC EDGARAhmed Khan, Board member
- 34SEC EDGARDavid Errington, Board member
- 35SEC EDGARMark Alan McKinney, Board member
- 36SEC EDGARStephen Andrew Spanos, Board member
- 37SEC EDGARMalcolm B. Frost, Board member
- 38SEC EDGARPhillip Balatsos, Board member
- 39SEC EDGAROmprakash Vajinapalli, Board member
- 40SEC EDGARPeter Samuel Petrosian, Board member
- 41SEC EDGARJeffrey N. Carl, Board member
- 42
- 43SEC EDGARMerlin C. Spencer, Board member
- 44SEC EDGARPaul L. Menchik, Board member
- 45SEC EDGARTim M. Betts, Board member
- 46SEC EDGARA. Noel Dewinter, Board member
- 47SEC EDGARJohn Marques, Board member
- 48
- 49
- 50
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- 52
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- 54
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