Balance Labs swings to Q1 FY26 profit of $177,803; revenue rises to $32,667

BALANCE LABS INC

BALANCE LABS INC

BLNC

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  • Balance Labs posted net income of USD 177,803 for Q1 ended March 31, 2026, swinging from a net loss of USD 6,406 a year earlier.
  • Revenue rose to USD 32,667 from no revenue in the prior-year quarter.
  • Operating expenses climbed to USD 520,754 from USD 78,839, led by salaries and wages of USD 471,577 that included USD 329,153 of non-cash stock-based compensation.
  • Other income rose to USD 665,890 from USD 72,433, driven by a USD 706,056 non-cash gain on remeasurement of a derivative liability tied to the CEO anti-dilution provision.
  • Cash fell to USD 216,366 at March 31, 2026 from USD 358,975 at year-end, while net cash used in operating activities increased to USD 142,609 from USD 22,659.


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. Balance Labs 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: 0001493152-26-023451), on May 15, 2026, and is solely responsible for the information contained therein.

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