Starguide Group Inc (STRG) reports QQ1 2026 with no revenue disclosed and a stark balance-sheet backdrop. The company shows a negative net income of -12,100 USD and an EBITDA of -10,724 USD, driven by operating expenses of 14,089 USD against an essentially undisclosed revenue base. Operating cash flow is deeply negative (-14,624 USD), yet financing activity provides a temporary liquidity bridge (+17,950 USD) that helped modestly offset cash burn; however, foreign exchange effects (-3,205 USD) and a minimal net change in cash (123–125 USD range) underscore fragile liquidity. The balance sheet is severely stressed: total assets of 1,556 USD versus total liabilities of 363,585 USD, resulting in negative stockholders’ equity (-326,960 USD). Current liabilities vastly exceed current assets (363,585 USD vs. 125 USD), implying a near-zero current ratio and critical liquidity risk. Management commentary is not included in the data provided; as a result, the QQ1 2026 quarter appears to reflect an extremely limited operating footprint, potential restructuring activity, or a continuation of a dormant/phantom operation typical of shell structures. Investors face outsized risk but may monitor any credible strategic plan, capital raises, or asset monetization that could alter the risk-reward profile.