Aterian Q1 FY26 operating loss narrows to $3.21 million; net revenue drops 72% to $18,000
Aterian Inc
Aterian Inc ATER | 0.00 |
- Aterian posted a net loss from continuing operations of $3.44 million for quarter ended March 31, 2026, versus a net loss from continuing operations of $3.42 million a year earlier.
- Net revenue from continuing operations dropped 72% to $18,000, while gross margin fell 23.2 percentage points to 56.7%.
- Operating loss from continuing operations narrowed 4% to $3.21 million, while interest expense, net climbed 29.1% to $226,000.
- For discontinued operations, net revenue fell 18.8% to $12.41 million, while net loss widened to $2.7 million and included a $3.43 million non-cash impairment charge tied to an April 27 asset sale agreement.
- Company agreed to sell marquee brands to Trademark Global for $18 million cash, while a $7 million preferred stock sale to David E. Lazar would leave him with about 95.13% of fully diluted shares if the transactions close.
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. Aterian 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: 0001437749-26-017437), on May 15, 2026, and is solely responsible for the information contained therein.
