Agassi Sports net loss narrows to $283,746 in Q2 FY26; revenue remains no revenue

Reuters2026/08/14 20:28

By:Reuters

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Agassi Sports Entertainment reported no revenue; net loss widened to $283,746 for the quarter ended June 30, 2026.
Net loss attributable to common stockholders widened to $3.83 million, including a $3.55 million deemed dividend tied to lock-up warrants.
For the six months ended June 30, net loss widened to $2.79 million; general and administrative expenses rose to $2.7 million.
Working capital deficit totaled $1.96 million at June 30; cash was $74,196.
Platform and app launch targeted for early fourth quarter 2026; e-commerce store launched in July with no inventory held.

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. Agassi Sports Entertainment Corp. 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: 0001493152-26-038396), 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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Agassi Sports net loss narrows to $283,746 in Q2 FY26; revenue remains no revenue

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