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PreAxia restated August-quarter net loss at USD 745,208 in Form 10-Q/A2 filing

PUBT·09/11/2026 19:30:35
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PreAxia restated August-quarter net loss at USD 745,208 in Form 10-Q/A2 filing
  • Preaxia Health Care Payment Systems filed restated quarterly financial results for the three months ended Aug. 31, 2025.
  • Net loss was USD 745,208, reflecting USD 576,134 in operating expenses, with USD 169,143 loss on settlement of debt.
  • Cash and cash equivalents totaled USD 130,285 at Aug. 31, 2025, with total assets at USD 130,285.
  • Working capital deficit was USD 605,757, with shareholders’ deficit of USD 605,757, versus USD 2.34 million at May 31, 2025.
  • Restatement reclassified certain prepaid contracts as warrants, recognized pending share issuances as outstanding, reduced certain expenses, recorded debt conversion losses.


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. Preaxia Health Care Payment Systems Inc. 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: 0001350156-26-000013), on September 11, 2026, and is solely responsible for the information contained therein.