NewHydrogen Q2 FY26 net loss widens to $917,822; no revenue
Reuters2026/08/03 20:41Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- NewHydrogen posted a net loss of $917,822 for the quarter ended June 30, 2026, widening from $623,704 a year earlier.
- No revenue was generated; operating costs climbed, led by R&D expense rising to $342,874 and G&A increasing to $464,318.
- Cash used in operations totaled $1.46 million for the six months ended June 30, 2026, while net loss widened to $1.74 million.
- Working capital fell to $788,355 as of June 30, 2026; cash financing inflows were $763,035 from shares issued under an equity financing agreement.
- NewHydrogen said its near-term plan is to maintain ThermoLoop technology development at UC Santa Barbara, expecting no expense ramp until early 2027.
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. NewHydrogen 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: 0001493152-26-035837), on August 03, 2026, and is solely responsible for the information contained therein.
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