Company: SISI
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006895
Chunk: 8

Company: SHINECO, INC.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 8
---
 -  
     -  
     - 
  
    Issuance
    of common shares for convertible notes redemption 
     910,633  
     911  
     -  
     -  
     3,869,087  
     -  
     -  
     -  
     -  
     3,869,998 
  
    Common
    stock issued for management and employees 
     11,017  
     11  
     -  
     -  
     140,121  
     -  
     -  
     -  
     -  
     140,132 
  
    Net
    loss from continuing operations for the year 
     -  
     -  
     -  
     -  
     -  
     -  
     (3,647,182) 
     -  
     (1,200,629) 
     (4,847,811)
  
    Foreign
    currency translation gain (loss) 
     -  
     -  
     -  
     -  
     -  
     -  
     -  
     (13,241) 
     7,655  
     (5,586)
  
    Balance
    at December 31, 2024 
     2,179,844  
    $2,180  
    $(3,522,170) 
    $-  
    $90,496,390  
    $4,350,297  
    $(57,983,811) 
    $(231,404) 
    $9,383,788  
    $42,495,270 

*Retrospectively restated for effect of the Reverse Stock Split on November 12, 2024.

The accompanying notes are an integral
part of these unaudited condensed consolidated financial statements.

3

SHINECO, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF
CHANGES IN EQUITY

FOR THE THREE MONTHS ENDED DECEMBER 31, 2024 AND
2023

    SHARES*  
    AMOUNT  
    RECEIVABLE  
    CAPITAL  
    RESERVE