Classover Q1 FY26 net loss widens to $4.19 million; revenue drops 36% to $519,198

Classover Holdings, Inc. Class B

Classover Holdings, Inc. Class B

KIDZ

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  • Classover posted a net loss of USD 4.19 million for the quarter ended March 31, 2026, widening from USD 297,207 a year earlier as operating loss widened to USD 894,815.
  • Revenue fell 36% to USD 519,198, while gross profit dropped 36% to USD 260,898 and gross margin held at 50%.
  • Total operating expenses climbed 65% to USD 1.16 million, led by a 91% rise in general and administrative costs to USD 1.1 million.
  • Other expense totaled USD 3.29 million, driven by a USD 2.44 million decline in fair value of crypto assets and a USD 860,631 increase in fair value of convertible debt.
  • Registered users rose to 73,881, educator partners increased to 1,229, while management cited reduced customer traffic and lower user engagement as it shifted focus toward public-company compliance, treasury management, and AI-related projects.


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