C2 Blockchain Q3 FY26 net loss widens to $19.28 million; revenue rises to $17,523
C2 BLOCKCHAIN INC
C2 BLOCKCHAIN INC CBLO | 0.00 |
- C2 Blockchain posted a net loss of USD 19.28 million for the quarter ended March 31, 2026, widening from a net loss of USD 100,611 a year earlier.
- Revenue rose to USD 17,523 from USD 13, driven entirely by sales of DOG-themed collectible silver medallions.
- Operating expenses jumped to USD 19.32 million from USD 100,624, primarily on stock-based compensation, consulting costs, professional fees, and expenses tied to operations and digital asset activities.
- Crypto holdings carried at about USD 661,192 as of March 31, 2026, while cash and cash equivalents were USD 6,305.
- Management said mining operations have not started, the AI-powered crypto chatbot project has been discontinued, and additional financing will be needed to fund operations.
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. C2 Blockchain 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: 0001882781-26-000039), on May 20, 2026, and is solely responsible for the information contained therein.
