Nocopi net loss widens to $471,927 in FY26 Q2; net sales more than double to $0.96 million vs FY25 Q2

Reuters2026/08/13 20:51

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Nocopi posted fiscal 2026 Q2 net sales of $0.96 million, more than doubled from a year earlier on the Polymeric acquisition.
Net loss widened to $471,927, or $0.04 a share, from a net loss of $58,600, or $0.01 a share.
Gross profit climbed to $357,381, while gross margin fell 16 percentage points to 37% on a shift toward lower-margin product sales.
Operating loss widened to $567,732 as operating expenses rose to $925,113, driven by one-time legal and consulting fees tied to the deal.
Cash and equivalents totaled $10.69 million at quarter-end with no debt; management set 12- to 24-month integration and cost-efficiency targets.

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. Nocopi Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608131645PRIMZONEFULLFEED9809955) on August 13, 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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Nocopi net loss widens to $471,927 in FY26 Q2; net sales more than double to $0.96 million vs FY25 Q2

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