Liberty Defense cites fewer HEXWAVE unit deliveries for revenue decline in six months ended June 30, 2026

Reuters2026/08/17 10:09

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For the six months ended June 30, 2026, net loss narrowed to USD 4.93 million from USD 7.54 million; total revenue fell to USD 961,623.
HEXWAVE revenue declined 12% to USD 686,623 as six units shipped versus nine; average selling price rose to about USD 95,000.
Contract revenue dropped 61% to USD 275,000 as TSA programming work neared completion, reducing recognized development revenue.
Cost of revenue decreased 11% to USD 2.11 million, led by lower contract costs; HEXWAVE costs rose on inventory recognized on deliveries.
Liquidity strengthened following financings of more than about USD 20 million in gross proceeds; cash ended at USD 7.59 million, working capital at USD 7.21 million.

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. Liberty Defense Holdings Ltd. 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: 0001104659-26-097443), on August 17, 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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Liberty Defense cites fewer HEXWAVE unit deliveries for revenue decline in six months ended June 30, 2026

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