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Foresight Q2 FY26 GAAP net loss widens 0.71% to $2.84 million; revenue falls 32.81% to $86,000

PUBT·08/14/2026 20:10:34
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Foresight Q2 FY26 GAAP net loss widens 0.71% to $2.84 million; revenue falls 32.81% to $86,000
  • Foresight posted a GAAP net loss of USD 2.84 million in Q2 2026, or USD 0.01 per share, versus a loss of USD 2.82 million.
  • Revenue slipped 32.81% to USD 86,000, mainly from Elbit commercialization activity and a completed off-road stereo-vision POC.
  • R&D expenses fell 10.4% to USD 1.93 million, helped by a USD 189,000 Israeli Innovation Authority grant tied to an Indian drone project.
  • Sales and marketing costs rose 30.8% to USD 386,000; G&A increased 12.1% to USD 657,000 on higher legal spending.
  • Shareholders rejected a proposed VisionWave strategic investment on July 23, ending the transaction; CEO Haim Siboni reiterated focus on commercialization.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Foresight Autonomous Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608141610PRIMZONEFULLFEED9810450) on August 14, 2026, and is solely responsible for the information contained therein.