Scilex Q2 FY26 net loss widens to $114.99 million; revenue falls 22.78% to $7.64 million
Reuters2026/08/14 20:50- Scilex posted a net loss of $114.99 million for the quarter ended June 30, 2026, widening from $44.05 million a year earlier.
- Net revenue fell 22.78% to $7.64 million, driven by a $4.04 million drop in ZTlido revenue due to delayed inventory shipment from Japan.
- Operating loss widened to $29.42 million from $20.51 million, while selling, general and administrative costs climbed to $27.96 million from $19.84 million.
- Other expense rose to $85.56 million from $23.52 million on unrealized losses of $50.74 million on Datavault and $9.26 million on digital assets.
- Cash and cash equivalents were about $0.6 million as of June 30, 2026; management flagged substantial doubt about going concern for one year.
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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