IIOT-OXYS FY26 Q2 net loss widens to $621,702; reports no revenue
Reuters2026/08/13 10:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- IIOT-OXYS posted a net loss attributable to common stockholders of $621,702 for the quarter ended June 30, 2026, versus $50,411 a year earlier.
- No revenue was recorded, while operating expenses narrowed to $83,221 from $120,973 on lower professional fees.
- Other expense swung to $363,593 from other income of $95,644, driven by derivative fair-value losses and higher preferred stock dividends.
- For the six months ended June 30, 2026, net loss attributable to common stockholders widened to $1.02 million from $230,724.
- Management said revenue growth in 2026 will be challenging amid funding constraints, while it explores a potential merger or acquisition.
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. IIOT-OXYS 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: 0001683168-26-006289), on August 13, 2026, and is solely responsible for the information contained therein.
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