Ozop Energy net loss widens to $8.39 million in Q2 FY26; revenue falls 34.65% to $41,645
Reuters2026/08/19 20:10- Ozop Energy Solutions posted a GAAP net loss of $8.39 million for the quarter ended June 30, 2026, widening from $2.21 million.
- Revenue fell 34.66% to $41,645, reflecting no sourced-and-distributed product sales versus $19,454 a year earlier.
- Gross margin slipped 2.6 percentage points to 25.4%.
- Operating expenses declined 12.87% to $734,841, while other expense surged to $7.67 million on higher interest expense and derivative fair-value losses.
- Management flagged substantial doubt about going concern, citing a $48.8 million working capital deficit and $22.13 million in debt defaults.
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