FG Nexus Q2 FY26 net loss widens to $10.25 million; revenue rises 16.9% to $242,000

Reuters2026/08/12 21:22

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FG Nexus posted a GAAP net loss from continuing operations of USD 10.25 million for the quarter ended June 30, 2026, swinging from profit.
Revenue rose 16.9% to USD 242,000, with USD 129,000 of stock-based compensation expense, down 48.4%.
Operating loss widened 34.3% to USD 2.15 million on general and administrative expenses of USD 2.26 million, up 45.8%.
Loss on equity holdings totaled USD 9.21 million, driven by a USD 9.7 million Saltire equity-method loss including a USD 11.2 million write-down.
Board authorized an exit from the digital asset business, completing sales of all digital assets before June 30, 2026.

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. FG Nexus 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: 0001493152-26-037445), on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FG Nexus Q2 FY26 net loss widens to $10.25 million; revenue rises 16.9% to $242,000

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