Nightfood Holdings, Inc.

What they do

The company operates through five wholly owned subsidiaries: TechForce Robotics, Inc. (formerly Skytech Automated Solutions), Future Hospitality Ventures Holdings Inc. (d/b/a RoboOp365), SWC Group, Inc. (d/b/a CarryOutSupplies.com), Victorville Treasure Holdings, LLC and Treasure Mountain Holdings, LLC. It describes its operations as spanning Robotics-as-a-Service, autonomous service robotics, enterprise automation, hospitality technology, and supply-chain support, targeting restaurants, hotels, healthcare facilities and school cafeterias. Nightfood, Inc. and MJ Munchies, Inc. are legacy subsidiaries; Nightfood, Inc. is characterized as a discontinued operation in the latest 10-Q.

Revenue drivers

• Foodservice Packaging Distribution (SWC Group / CarryOutSupplies.com) — Acquired on March 31, 2025, this segment generated the first reported revenue, which management attributes to the launch of foodservice packaging distribution; SWC is described in the 10-Q as having served more than 6,000 foodservice customers.
• Robotics-as-a-Service (RaaS) — Initial customer billings under the RaaS segment began in fiscal 2025 alongside the packaging business; full-year fiscal 2025 revenue was $482,285 with cost of sales of $412,503 covering product sourcing, distribution and equipment deployment.
• AI-enabled service robotics (Future Hospitality / RoboOp365) — Plug-and-play robotic systems marketed for restaurants, hotels, healthcare facilities and school cafeterias, with multi-location operators as the stated initial focus; no separate revenue figure is disclosed.

Recent performance

Fiscal 2025 (year ended June 30, 2025) revenue was $482,285 with no comparable prior-year continuing-operations revenue, as both segments commenced near the end of the year. Cost of sales was $412,503, and the company recorded a full $897,542 goodwill impairment on the legacy RaaS reporting unit plus a $3,673,760 general and administrative expense base that rose 416% year over year. The result was a fiscal 2025 net loss of $8,115,878 versus $3,235,506 in fiscal 2024. More recently, quarterly revenue was $441,426 (2025-06-30), $782,027 (2025-09-30), $2.2M (2025-12-31) and $2.7M (2026-03-31). At 2026-03-31 the company reported total assets of $129.0M, total liabilities of $46.4M, shareholder equity of $82.6M and cash of $350,231.

Strategy

Management states it is integrating AI-enhanced robotics and automation into live commercial environments and co-developing solutions with operators, manufacturers and technology partners rather than building purely conceptual products. Following the full impairment of legacy RaaS goodwill, it initiated a strategic realignment of robotics technology under Skytech, now renamed TechForce Robotics, Inc., intended to focus on advanced automation and sensor integration. The company says it continues to pursue acquisitions, distribution relationships, manufacturing collaborations and vertical integration to expand capabilities and market penetration. It cites California's 2025 foodservice and hospitality minimum wage increase as a driver of automation demand, with multi-location operators as the initial commercial focus.

Risks

• Goodwill impairment and unproven commercialization — A full $897,542 goodwill impairment was recorded in fiscal 2025 on the RaaS reporting unit due to operating losses, minimal revenues and missed commercialization milestones.
• Persistent losses and thin cash — Fiscal 2025 net loss was $8,115,878 with operating cash flow of negative $1.6M, and cash and equivalents stood at only $350,231 at 2026-03-31.
• Very recent, acquisition-driven revenue base — The packaging and RaaS segments were only acquired on March 31, 2025, so fiscal 2025 revenue of $482,285 and the following quarterly revenue figures reflect only a short operating history.
• Debt and dilution — Long-term debt was $19.0M at 2025-12-31, and 8-K filings in 2026 disclose unregistered sales of equity alongside material agreements and an officer/director change.

Outlook

The filings do not provide quantitative guidance. Management states the company is focused on deploying automation into real operating environments and pursuing acquisitions, distribution relationships and vertical integration. It has not disclosed a timetable for reaching profitability, and the recent 8-K record shows continued material agreements, equity issuances and an officer/director change.