Cyber Enviro-Tech FY25 net loss widens 20% to $7.64 million
CYBER ENVIRO-TECH INC
CYBER ENVIRO-TECH INC CETI | 0.00 |
- Cyber Enviro-Tech posted a net loss of $7.64 million, widening 20% from the prior year.
- Operating loss widened 9.4% to $3.12 million, with professional fees rising to $343,498, up 162.1%.
- Total other expense increased to $3.04 million, driven by a loss on issuance of derivative of $2.07 million and interest expense of $1.46 million, up 93%.
- Cash and cash equivalents totaled $50,230 at year-end, with net cash used in operating activities of $2.9 million.
- Management said initial project activity under its manufacturing and distribution agreement with AirPower USA is expected in the second half of 2026, with multiple projects in its pipeline also expected to come online in that period.
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. Cyber Enviro-Tech 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: 0001079973-26-000703), on May 20, 2026, and is solely responsible for the information contained therein.
