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recent regulatory filings [1]

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Date: 2023-01

Exhibit 99.1

SOS Limited

Interim Condensed Consolidated Balance Sheet

(US$ thousands, except share data and per share data, or otherwise noted)

Twelve months ended Six months ended 31-Dec-21 30-Jun-22 Audited Unaudited $ $ Current assets: Cash and cash equivalents 338,026 247,346 Accounts receivable - net 26,129 5,738 Inventory 96,071 84,855 Other receivables - net 173,234 307,512 Amount due from related parties 7,839 18,460 Tax recoverable 7,706 3,596 Intangible assets 14,502 15,338 Total current assets 663,507 682,845 Non-current assets: Property equipment and software-net 28,320 26,382 Goodwill 72 72 Operating lease , right of use assets-net 3,401 3,742 Total non-current assets 31,793 30,196 Total assets 695,300 713,041 Liabilities and Shareholder’s Equity Liabilities: Accrued liabilities 19,815 16,730 Accounts payable 29,487 34,886 Tax payable - 2,322 Other payables 6,684 14,099 Amount due to related parties 2,777 4,167 Contract liability 156 347 Operating lease liability-current 894 1,446 Total current liabilities 59,813 73 , 997 Operating lease liability-non-current 1,918 2,472 Total non-current liabilities 1,918 2,472 Total liabilities 61,731 76,469 Shareholder’s Equity Paid up capital 300 335 Additional paid-in capital 672,352 705,272 Retained earnings/(accumulated deficit) 5,838 ( 43,413 ) Current year net loss ( 49,251 ) ( 14,334 ) Other comprehensive income /(loss) 4,130 ( 10,738 ) Total Shareholders’ Equity 633,369 637,122 Non-controlling interest 200 ( 550 ) Total Liabilities and Shareholders’ Equity 695,300 713,041

SOS Limited

Interim Condensed Consolidated Statements of Comprehensive Loss

(US$ thousands, except share data and per share data, or otherwise noted)

Six months ended 30-Jun-21 30-Jun-22 Unaudited Unaudited $ $ Revenue 184,489 132,710 Business taxes and surcharges ( 11 ) ( 45 ) Net revenue 184,478 132,665 Operating costs ( 167,238 ) ( 120,294 ) Gross profit 17,240 12,371 Gross profit ratio 9.3 % 9.3 % Operating expenses Selling expense ( 30 ) ( 3,115 ) G&A expense ( 19,425 ) ( 10,087 ) Share-based compensation ( 17,926 ) ( 14,471 ) Finance expense - - Total operating expenses ( 37,381 ) ( 27,673 ) Income from operations ( 20,141 ) ( 15,302 ) Other income (expenses): Other income (expenses), net 305 3,166 Total other (expenses) income, net 305 3,166 Loss before income taxes ( 19,836 ) ( 12,136 ) Income tax expense ( 579 ) ( 2,767 ) Net loss - continuing operations ( 20,415 ) ( 14,903 ) Non-controlling interest 4 569 Net Loss ( 20,411 ) ( 14,334 ) Other comprehensive loss: Foreign currency translation adjustment-net of tax ( 2,991 ) ( 10,739 ) Total comprehensive loss ( 23,402 ) ( 25,073 ) Weighted average number of ordinary shares Basic 490,720,471 3,127,978,878 Diluted* - - LOSS PER SHARE Basic ( 0.04 ) ( 0.0046 ) Diluted* - -

Note 1:*N/A Anti-diluted shares not considered

Six months ended 30-Jun-21 30-Jun-22 US$ 000 US$ 000 None-GAAP adjusted (loss)/profit before income tax expense ( 2,484 ) 137

Note 2 The add-back adjustment was mainly associated with share-based compensation expenses of $17.9 million for the period of six months ended June 30, 2021 and $14.5 million for the six months ended June 30, 2022 respectively.

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SOS Limited

Interim Condensed Consolidated Statement of Cash Flow

(US$ thousands, except share data and per share data, or otherwise noted)

Six months ended Six months ended 30-Jun-21 30-Jun-22 Unaudited Unaudited $ $ Cash flows from operating activities: Net (loss) ( 20,411 ) ( 14,334 ) Adjustments: Depreciation and amortization 5,509 2,700 Share-based compensation 17,927 14,472 Allowance for doubtful accounts-accounts receivable - 189 Allowance for doubtful accounts-other receivable - 800 Inventory ( 102,566 ) 11,217 Accounts receivable - 20,391 Other receivables ( 196,620 ) ( 138,389 ) Amount due from related parties ( 10,183 ) ( 10,622 ) Intangible assets ( 12,221 ) ( 837 ) Accrued liabilities 24 ( 3,085 ) Accounts payable ( 13,118 ) 5,400 Tax payable ( 6,024 ) ( 2,323 ) Other payables ( 8,338 ) 7,415 Amount due to related parties 2,406 1,390 Contract liability 4,450 192 Lease liabilities - 1,107 Net cash used in operating activities ( 339,165 ) ( 104,317 ) Cash flows from investing activities: Purchase of property, equipment and software ( 34,205 ) - Proceeds from disposal of property, equipment and software - 1,597 Disposition of assets-P2P 3,500 - Net cash (used in)/generated from investing activities ( 30,705 ) 1,597 Cash flows from financing activities: Proceeds from share issuance, net of issuance costs 551,824 18,483 Net cash generated from financing activities 551,824 18,483 Effect of exchange rates on cash and cash equivalents 2,887 ( 6,443 ) Net increase/(decrease) on cash and cash equivalents 184,841 ( 90,680 ) Cash and cash equivalents at beginning of the period 610 338,026 Cash and cash equivalents at end of the period 185,451 247,346 Supplemental cash flow information Cash paid for income tax - 1,061

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[1] Url: https://www.sec.gov/Archives/edgar/data/1346610/000121390022059572/ea165372ex99-1_soslimited.htm

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