Rocket One Q2 net loss widens 74.4% to USD 3.84 million

Reuters2026/08/14 20:14

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Rocket One posted a Q2 net loss of USD 3.84 million, or USD 0.19 per share, versus a USD 2.2 million loss.
R&D spending climbed to USD 1.96 million from USD 1.04 million, driven mainly by HT-001 manufacturing and clinical activities.
G&A costs rose 62% to USD 1.88 million, largely on higher stock-based compensation tied to stock option issuances.
Cash and cash equivalents totaled USD 7.89 million at June 30, 2026; net cash used in operations was USD 6.02 million.
Strategy shifted toward AI infrastructure and next-generation semiconductors, while continuing development of Hoth Therapeutics drug candidates.

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. Rocket One 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: 0001213900-26-090048), 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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Rocket One Q2 net loss widens 74.4% to USD 3.84 million

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