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DNA X Q2 FY26 net loss from continuing operations narrows to USD 1.24 million; revenue holds at no revenue

PUBT·08/19/2026 20:16:30
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DNA X Q2 FY26 net loss from continuing operations narrows to USD 1.24 million; revenue holds at no revenue
  • DNA X posted a GAAP net loss of USD 1.25 million for Q2, versus a GAAP net loss of USD 7.48 million a year earlier.
  • GAAP revenue from continuing operations was no revenue, with the AI trading platform closed to the public during the quarter.
  • G&A expense from continuing operations fell 13.12% to USD 1.28 million, reflecting a post-legacy-business downsizing.
  • Cash and cash equivalents ended the quarter at USD 900,000; the company raised USD 1.8 million cash from new convertible debt in Q2.
  • Balance sheet actions included cancelling a USD 3.1 million convertible note for preferred stock at USD 6 per share; a further USD 5 million preferred stock raise followed.


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. DNA X Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608191615PRIMZONEFULLFEED9812980) on August 19, 2026, and is solely responsible for the information contained therein.