HPQ Silicon management commentary says Q2 FY2026 net loss widens on higher operating expenses, improved other income/expenses
Reuters2026/08/28 22:16- HPQ Silicon management commentary for the period ended June 30, 2026 cited a net loss of CAD 2.61 million versus CAD 2.58 million.
- Operating expenses fell to CAD 1.98 million from CAD 2.45 million, reflecting reduced Europe business development activity.
- License fees and consultation rose to CAD 889,528 from zero, tied to Novacium North American patent licenses and consulting services.
- Other income and expenses swung to a CAD 635,191 loss from a CAD 127,563 loss, driven by a CAD 652,464 option-value decline.
- Cash and cash equivalents ended at CAD 946,281, up from CAD 555,740, supported by a CAD 3 million private placement.
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