Issue 004 | U.S. Pilot | US

CREG

Smart Powerr Corp.

Screen state: Passing Source state: Verified 10-Q | 2026-05-15 Filing currency: USD

Open Filing Back to Register Report a correction

Internal NCAV Discount 97.0%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets: 158,860,502USD
Total Liabilities: 11,944,382USD
NCAV: 146,916,120USD
Cash: n/a
NCAV per share: 6.40USD/share
Evidence: 10 annual | 25 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Evaluated: 12
Triggered: 2
Unavailable: 7

Requires inspection Negative OCF -125,927

Latest: -125,9272026-03-31
Comparison: n/a
Change: n/a

Basis: latest reporting-period cash from operations < 0

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-057542

Supporting observation Current Ratio > 1.5 18.49

Latest: 18.492026-03-31
Comparison: 1.5
Change: n/a

Basis: current assets / current liabilities; strong if > 1.5

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-057542

7 unavailable checks — inspect missing inputs

High Debt (short-term debt + long-term debt) / ordinary equity >= 50%

Low Debt (short-term debt + long-term debt) / ordinary equity < 20%

Material 1Y Share Increase 1Y share change >= +2% using the same share-count source

NCAV Growing equivalent prior-year NCAV change >= +2%; both NCAV values must be positive

No Material 1Y Share Increase 1Y share change > -2% and <= +1% using the same share-count source

Non-Positive Equity ordinary shareholders equity <= 0

Share Count Reduced 1Y share change <= -2% using the same share-count source

Business Profile

Checklist-driven facts extracted from filing text. Missing fields stay visible in the details.

business_profile_v1

Business profile: 0 of 12 fields established by the current extractor.

Business Profile Field Details

Business Description

Missing Source

Not established by the current extractor from the selected filing context.

Revenue Model

Missing Source

Not established by the current extractor from the selected filing context.

Customers And Channels

Missing Source

Not established by the current extractor from the selected filing context.

Segments And Geography

Missing Source

Not established by the current extractor from the selected filing context.

Tangible Operations Assets

Missing Source

Not established by the current extractor from the selected filing context.

Value Chain

Missing Source

Not established by the current extractor from the selected filing context.

Competition Positioning

Missing Source

Not established by the current extractor from the selected filing context.

Business Lifecycle Cyclicality

Missing Source

Not established by the current extractor from the selected filing context.

Strategy And Capital Allocation

Missing Source

Not established by the current extractor from the selected filing context.

Management Governance Signals

Missing Source

Not established by the current extractor from the selected filing context.

Disclosed Risks

Missing Source

Not established by the current extractor from the selected filing context.

Known Unknowns

Missing Source

Not established by the current extractor from the selected filing context.

Business Profile Sources

Source	Filing	Date	Type	Status	Provenance
S1	0001213900-26-057542	2026-05-15	10-Q	Verified	Data Vault \| sec/cleaned/cik=0000721693/accession=0001213900-26-057542/parser=html-cleaner-v1/full.txt

Historical values can be viewed as reported in each filing or normalized to the latest verified split basis. These are measurement aids, not conclusions about a company.

Policy: normalize_to_latest_verified_split_basis | quality: verified

Display basis Normalized to latest verified split basis As reported in each filing

Metric	2026-03-31 10-Q Open filing	2025-12-31 10-K Open filing	2025-09-30 10-Q Open filing	2025-06-30 10-Q Open filing	2025-03-31 10-Q Open filing	2024-12-31 10-K Open filing	2024-09-30 10-Q Open filing	2024-06-30 10-Q Open filing	2024-03-31 10-Q Open filing	2023-12-31 10-K Open filing	2023-09-30 10-Q Open filing	2023-06-30 10-Q Open filing	2023-03-31 10-Q Open filing	2022-12-31 10-K Open filing	2022-09-30 10-Q Open filing	2022-06-30 10-Q Open filing	2022-03-31 10-Q Open filing	2021-12-31 10-K Open filing	2021-09-30 10-Q Open filing	2021-06-30 10-Q Open filing	2020-12-31 10-K Open filing	2019-12-31 10-K Open filing	2018-12-31 10-K Open filing	2017-12-31 10-K Open filing	2016-12-31 10-K Open filing
Period-end Shares Outstanding	22,959,12822,959,128	20,951,87820,951,878	n/an/a	n/an/a	2,449,10724,491,069	916,1229,161,218	876,5868,765,857	851,6368,516,357	812,8528,128,525	796,3447,963,444	796,3447,963,444	778,8017,788,006	763,3537,633,533	739,2007,391,996	735,8057,358,052	735,8057,358,052	735,8057,358,052	704,4417,044,408	672,9036,729,030	649,1406,491,398	317,7053,177,050	203,2722,032,721	102,95310,295,280	83,1028,310,198	83,1028,310,198
Weighted-average Basic Shares	21,431,63721,431,637	15,177,26015,177,260	15,585,43215,585,432	17,634,64017,634,640	1,020,70910,207,087	856,1888,561,881	839,5278,395,274	823,8118,238,106	811,5838,115,826	778,4877,784,868	772,4697,724,688	764,3077,643,072	756,5187,565,183	733,4977,334,971	732,0367,320,355	730,1197,301,194	724,3707,243,704	560,8635,608,631	n/an/a	n/an/a	n/an/a	156,4941,564,940	86,5838,658,267	83,1028,310,198	83,0818,308,116
Weighted-average Diluted Shares	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	764,3077,643,072	756,5187,565,183	733,4977,334,971	732,0367,320,355	727,7197,277,194	724,3707,243,704	560,8635,608,631	517,5165,175,164	444,2934,442,928	317,7053,177,050	256,4372,564,373	n/an/a	n/an/a	n/an/a	156,4941,564,940	87,0598,705,895	83,1028,310,198	83,0818,308,116
Basic EPS	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-1-1	-0-0	-0-0	-0-0	-2-2	00	00	22	-6-6	-8-8	-1-1	00
Diluted EPS	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	-1-1	-0-0	-0-0	-0-0	-2-2	00	00	22	-6-6	-8-8	-1-1	00
Basic-to-Diluted Share Difference	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	-7.2%	-6.8%	-5.8%	-5.2%	-4.8%	-4.2%	-23.5%	-29.3%	-39.1%	-56.1%	-54.3%	Insufficient evidence	Insufficient evidence	Insufficient evidence	0.0%	0.6%	0.0%	0.0%
Net Share Count Change	9.6%	Insufficient evidence	-11.6%	1627.7%	167.3%	4.5%	2.9%	4.8%	2.1%	0.0%	2.3%	2.0%	3.3%	0.5%	0.0%	0.0%	4.5%	4.7%	3.7%	104.3%	56.3%	97.4%	23.9%	0.0%	Insufficient evidence
Ownership Claim Change	-8.7%	Insufficient evidence	13.1%	-94.2%	-62.6%	-4.3%	-2.8%	-4.6%	-2.0%	0.0%	-2.2%	-2.0%	-3.2%	-0.5%	0.0%	0.0%	-4.3%	-4.5%	-3.5%	-51.1%	-36.0%	-49.4%	-19.3%	0.0%	Insufficient evidence

Verified split events: reverse 10.0 on 2016-05-25; reverse 10.0 on 2020-04-17; reverse 10.0 on 2025-07-16

Known Unknowns

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric	2025-12-31 10-K USD	2024-12-31 10-K USD	2023-12-31 10-K USD	2022-12-31 10-K USD	2021-12-31 10-K USD	2020-12-31 10-K USD	2019-12-31 10-K USD	2018-12-31 10-K USD	2017-12-31 10-K USD	2016-12-31 10-K USD
Revenue	262,509	n/a	n/a	n/a	n/a	n/a	867,431	n/a	6,489,504	6,645
Operating Income	-3,015,605	-1,093,468	-798,473	-3,880,433	-808,154	5,827,019	-9,107,088	-57,988,439	4,424,012	10,354,925
Net Income	-2,900,041	-1,559,012	-746,786	-4,457,327	-12,230,190	4,050,824	-8,772,757	-65,996,898	-8,998,259	1,827,171
Cash From Operations	66,908,783	-10,764,096	-68,099,899	-351,880	-1,612,458	82,248,467	-14,649,028	2,168,285	-285,103	39,514,211
Capex	n/a	n/a	n/a	n/a	n/a	-1,885	n/a	n/a	n/a	n/a
Free Cash Flow	n/a	n/a	n/a	n/a	n/a	82,246,582	n/a	n/a	n/a	n/a
Cash And Equivalents	40,156	25,341	n/a	138,813,673	152,011,887	107,804,013	16,221,297	53,223,142	49,830,243	47,752,353
Accounts Receivable	1,095,000,000	n/a	n/a	n/a	n/a	308,677	42,068,760	0	979,462	n/a
Inventory	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Current Assets	156,824,664	121,115,843	136,465,552	139,131,052	153,116,993	108,203,797	64,619,204	75,921,304	90,929,107	75,595,886
Total Assets	157,642,666	121,234,786	136,469,546	139,135,705	153,272,462	137,137,520	123,845,141	171,452,192	287,267,296	264,512,065
Total Current Liabilities	11,142,450	13,096,541	23,873,254	24,383,887	23,883,024	39,042,407	36,250,800	76,735,028	66,271,513	54,284,177
Total Liabilities	14,493,075	16,503,705	27,223,879	28,342,512	28,514,277	44,983,327	45,215,595	88,272,923	82,991,880	63,078,884
Shareholders Equity	143,149,591	104,731,081	109,245,667	110,793,193	124,758,185	92,154,193	78,629,546	86,723,893	204,754,053	201,565,612
Shares Outstanding	22,959,128	916,122	796,344	739,200	704,441	317,705	203,272	137,472	83,102	83,102
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	15,177,260	856,188	778,487	733,497	560,863	256,437	156,494	86,583	83,102	83,102
Weighted Avg Shares Basic	15,177,260	856,188	778,487	733,497	560,863	256,437	156,494	86,583	83,102	83,102
Net Share Count Change (Normalized)	Insufficient evidence	4.5%	0.0%	0.5%	4.7%	56.3%	97.4%	23.9%	0.0%	Insufficient evidence
Ownership Claim Change (Normalized)	Insufficient evidence	-4.3%	0.0%	-0.5%	-4.5%	-36.0%	-49.4%	-19.3%	0.0%	Insufficient evidence

Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Metric	2026-03-31 10-Q USD	2025-12-31 10-K USD	2025-12-31 10-K USD	2025-09-30 10-Q USD	2025-06-30 10-Q USD	2025-03-31 10-Q USD	2024-12-31 10-K USD	2024-12-31 10-K USD	2024-09-30 10-Q USD	2024-06-30 10-Q USD	2024-03-31 10-Q USD	2023-12-31 10-K USD	2023-12-31 10-K USD	2023-09-30 10-Q USD	2023-06-30 10-Q USD	2023-03-31 10-Q USD	2022-12-31 10-K USD	2022-12-31 10-K USD	2022-09-30 10-Q USD	2022-06-30 10-Q USD	2022-03-31 10-Q USD	2021-12-31 10-K USD	2021-12-31 10-K USD	2021-09-30 10-Q USD	2021-06-30 10-Q USD
Revenue	108,353	88,850	88,850	90,820	62,214	20,625	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Operating Income	-538,637	-614,427	-614,427	-213,490	-1,025,298	-1,162,390	-345,928	-345,940	-188,295	-350,803	-208,430	-192,368	-192,368	-146,870	-374,407	-84,828	-3,328,169	-3,328,169	-168,758	-187,726	-195,780	-43,962	-43,962	-380,040	-111,060
Net Income	-547,410	-470,391	-470,391	-300,374	-1,244,816	-884,460	-606,727	-606,727	-262,731	-409,757	-279,797	-228,717	-228,717	-180,723	-247,842	-89,504	-3,343,421	-3,343,421	-447,637	-224,810	-441,459	-15,837,534	-13,616,963	-556,574	2,220,571
Cash From Operations	-125,927	2,465,781	2,465,781	-53,016	-131,327	64,627,345	-10,433,423	-10,433,423	-82,541	-64,613	-183,519	164,844	164,844	777,549	-68,972,009	-70,283	-42,755	-42,755	-141,526	-129,179	-38,420	-28,540	-28,540	-902,453	137,591
Capex	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Free Cash Flow	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cash And Equivalents	158,793,720	n/a	n/a	131,877,059	131,114,964	129,596,314	n/a	n/a	69,117,942	n/a	n/a	n/a	n/a	n/a	n/a	n/a	138,813,673	138,813,673	n/a	n/a	n/a	152,011,887	152,011,887	149,522,088	150,994,159
Total Current Assets	158,860,502	156,824,664	156,824,664	132,135,150	131,340,250	129,857,311	121,115,843	121,115,843	137,510,962	135,343,252	136,127,251	136,465,552	136,465,552	134,722,179	133,939,885	140,932,150	139,131,052	139,131,052	137,298,815	145,337,298	153,732,980	153,116,993	153,116,993	150,628,930	151,247,257
Total Liabilities	11,944,382	14,493,075	14,493,075	14,754,746	16,119,715	16,451,503	16,503,705	16,503,705	27,416,730	27,250,967	27,130,902	27,223,879	27,223,879	27,224,835	27,236,171	28,061,939	28,342,512	28,342,512	25,862,436	26,274,950	26,938,062	28,514,277	28,514,277	16,707,889	18,002,361
Shares Outstanding	22,959,128	20,951,878	22,959,128	20,809,123	2,923,822	2,493,882	9,161,218	916,122	876,586	876,586	838,759	7,963,444	796,344	796,344	778,801	778,801	7,391,996	739,200	735,805	735,805	735,805	7,044,408	704,441	692,680	658,333
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	21,431,637	15,177,260	21,993,893	3,978,031	24,523,572	1,020,709	8,561,881	905,874	870,554	836,039	811,583	7,784,868	779,582	796,991	780,399	756,518	7,334,971	745,832	735,805	727,719	724,370	5,608,631	689,490	661,576	569,490
Weighted Avg Shares Basic	21,431,637	15,177,260	21,993,893	3,978,031	24,523,572	1,020,709	8,561,881	905,874	870,554	836,039	811,583	7,784,868	779,582	796,991	780,399	756,518	7,334,971	745,832	735,805	727,719	724,370	5,608,631	689,490	661,576	569,490
Net Share Count Change (Normalized)	9.6%	Insufficient evidence	Insufficient evidence	-11.6%	1627.7%	167.3%	4.5%	4.5%	2.9%	4.8%	2.1%	0.0%	0.0%	2.3%	2.0%	3.3%	0.5%	0.5%	0.0%	0.0%	4.5%	4.7%	4.7%	3.7%	104.3%
Ownership Claim Change (Normalized)	-8.7%	Insufficient evidence	Insufficient evidence	13.1%	-94.2%	-62.6%	-4.3%	-4.3%	-2.8%	-4.6%	-2.0%	0.0%	0.0%	-2.2%	-2.0%	-3.2%	-0.5%	-0.5%	0.0%	0.0%	-4.3%	-4.5%	-4.5%	-3.5%	-51.1%

Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input	Value	Source concept	Filing period	Confidence	Provenance
Current Assets	158,860,502USD	us-gaap:AssetsCurrent	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0000721693/companyfacts.json Data Vault \| sec/companyfacts/cik=0000721693/companyfacts.json
Total Liabilities	11,944,382USD	us-gaap:Liabilities	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0000721693/companyfacts.json Data Vault \| sec/companyfacts/cik=0000721693/companyfacts.json
Cash	158,793,720USD	us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2026-03-31	1.00	n/a
Shares Outstanding	22,959,128	us-gaap:CommonStockSharesOutstanding	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0000721693/companyfacts.json Data Vault \| sec/companyfacts/cik=0000721693/companyfacts.json
NCAV	146,916,120USD	derived	2026-03-31	n/a	company-evidence-v1 \| total_current_assets - total_liabilities
NCAV per share	6.40USD	derived	2026-03-31	n/a	company-evidence-v1 \| NCAV / shares_outstanding
Internal NCAV Discount	97.0%	derived	2026-03-31	n/a	gnni_publication_pack \| internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source: Data Vault
Data Vault Root: n/a
CIK: 0000721693
Company ID: n/a
Selected Annual Source: n/a
Selected Quarterly Source: n/a
Statement Extractor: companyfacts-screener-v1
View Extractor: companyfacts-screener-v1
Source Accession Count: 26
Imported At: 2026-08-15T12:51:49+00:00
Rendered At: 2026-08-16T03:29:54+00:00

Run Audit

Mary Run: 29510e1968ca4fb386d55ebe1e97a5de
Mary As Of: 2026-08-01
Accession: 0001213900-26-057542
CIK: 0000721693
Mary Filing Date: 2026-05-15
Filing Currency: USD
Internal Discount: 97.0%
Source State: Verified
Market Context: Not Displayed
Market Policy: internal_only_not_redistributed
Share Trend: Not Evaluated
Dilution: Needs Review

mary_run=29510e1968ca4fb386d55ebe1e97a5de; mary_as_of=2026-08-01; mary_filing_date=2026-05-15; mary_accession=0001213900-26-057542; mary_cik=0000721693; gnni_supporting_filing_date=2026-05-15; internal_discount=0.970471; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

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