Brightline net loss widens to $16.64 million in year ended June 30, 2026; revenue drops 94% to $0.32 million

• Brightline Interactive posted FY26 revenue of 0.32 million, down 94% year over year.
• Net loss widened to 16.64 million; management linked the result to a non-cash 10.56 million goodwill impairment.
• Cash, cash equivalents and restricted cash fell to 3.15 million at June 30, 2026, while net cash used in operating activities was 3.87 million.
• Management said substantial doubt exists about its ability to continue as a going concern for at least 12 months.
• The company executed a 1-for-8 reverse stock split effective Sept. 28, 2026 after receiving a Nasdaq delisting determination.

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. Brightline Interactive 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: 0001493152-26-044574), on September 28, 2026, and is solely responsible for the information contained therein.