Quantum Cyber Q2 FY26 net loss widens to $11.02 million; operating loss widens to $9.89 million
Reuters2026/08/14 12:03Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Quantum Cyber posted a GAAP net loss of $11.02 million for the quarter ended June 30, 2026, worsening from $3.48 million.
- GAAP operating loss widened to $9.89 million from $1.63 million, as total operating expenses climbed 507% to $9.89 million.
- Research and development expense surged to $4.55 million from $101,278, driven by $4.26 million of in-process R&D tied to Project LightShift.
- Sales and marketing rose 70% to $1.46 million on higher marketing, advertising and brand awareness spending for the quantum drones launch.
- Cash and cash equivalents increased to $13.45 million at June 30, 2026 from $889,091 at Dec. 31, 2025.
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. Quantum Cyber NV 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: 0001213900-26-089465), on August 14, 2026, and is solely responsible for the information contained therein.
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