GenFlat operating loss widens 57% to $881,698 in Q3 FY26
GENFLAT HOLDINGS INC
GENFLAT HOLDINGS INC GFLT | 0.00 |
- Genflat posted an operating loss of USD 881,698 for quarter ended March 31, 2026, widening 57% from year-earlier period; revenue was no revenue.
- General and administrative expense climbed 82% to USD 837,760, while research and development costs dropped 73% to USD 11,016.
- For nine months ended March 31, 2026, operating loss narrowed 43% to USD 1.81 million as revenue slipped 22% to USD 6,120.
- Cash used in operating activities increased to USD 2.46 million, while cash provided by financing activities rose to USD 6.39 million.
- Cash totaled USD 3.99 million at March 31, 2026, following a February public offering that delivered net proceeds of about USD 6.43 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. Genflat Holdings 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: 0001683168-26-003997), on May 15, 2026, and is solely responsible for the information contained therein.
