Graphite One Q2 2026 loss widens as marketing, Ohio anode plant spending rises, company says
Reuters2026/08/13 22:43- For Q2 2026, net loss widened to $3.41 million from $1.88 million, driven mainly by higher marketing spend.
- Marketing and investor relations expense rose to $1.34 million from $157,262, reflecting expanded European campaigns and a new U.S. push.
- Project development expense, net of grants, increased to $749,397 from $223,341, led by Ohio AAM engineering, consulting, and personnel costs.
- For the six months ended June 30, 2026, net loss increased to $6.45 million from $3.45 million on marketing, Ohio development, payroll.
- Cash totaled $14.22 million at June 30, 2026, up from $8.37 million, supported by a CA$ 35 million unit offering.
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