Genvor FY26 Q3 net loss widens 542.7% to $2.56 million

Reuters2026/08/14 12:03

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Genvor posted a GAAP net loss of USD 2.56 million, or USD 0.07 per share, for the three months ended June 30, 2026.
Operating loss widened to USD 2.48 million from USD 577,543 a year earlier, with no revenue in either period.
Total operating expenses climbed to USD 2.48 million from USD 577,543, led by compensation expense of USD 1.52 million.
Professional fees rose to USD 481,851 from USD 80,356, driven by USD 381,641 of services paid with Series C Preferred Stock.
Cash totaled USD 196,522 at June 30, 2026, with a working capital deficit of USD 2.55 million and substantial doubt about going concern.

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. Genvor 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: 0001213900-26-089463), on August 14, 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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Genvor FY26 Q3 net loss widens 542.7% to $2.56 million

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