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I-On Digital swings to FY26 Q2 net loss of $565,139; operating loss narrows 11% to $375,956 vs FY25 Q2

PUBT·08/19/2026 20:27:41
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I-On Digital swings to FY26 Q2 net loss of $565,139; operating loss narrows 11% to $375,956 vs FY25 Q2
  • I-On Digital posted net income of $3.58 million for the six months ended June 30, 2026, reversing a net loss of $772,917.
  • Operating loss narrowed to $767,095; revenue was $27,000, generated under the MTLCA with GGBR.
  • Second-quarter net loss widened to $565,139 from $424,508, despite an 11% drop in operating expenses to $375,956.
  • Other income included $4.06 million gain on exchanging ION.au assets for pmUSD and xPM tokens, plus $440,619 debt-settlement gain.
  • Cash rose to $318,658; $770,391 operating cash outflow persisted, while $930,856 financing inflow was led by $1.18 million convertible notes.


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. I-On Digital Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-039217), on August 19, 2026, and is solely responsible for the information contained therein.