• iWallet posted a net loss of USD 36,529 for the quarter ended March 31, 2026, widening from a net loss of USD 19,029 a year earlier.
• Operating expenses climbed to USD 23,742 from USD 7,316, driven by higher auditor fees, legal fees, and rent expense.
• Interest expense rose to USD 12,787 from USD 11,713 on new notes added in the period.
• Revenue was flat with no revenue reported, while cash on hand totaled USD 16 at quarter-end.
• Working capital deficit widened to USD 885,988 from USD 848,762 at Dec. 31, 2025, with USD 260,000 in outstanding convertible debentures and USD 338,643 in accrued interest on those debentures.

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. iwallet Corporation 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: 0001498372-26-000004), on May 15, 2026, and is solely responsible for the information contained therein.