Edgemode Q1 FY26 net loss narrows 73% to $5.72 million

EDGEMODE INC

EDGEMODE INC

EDGM

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  • Edgemode posted a net loss of $5.72 million for the quarter ended March 31, 2026, narrowing from a year-ago loss of $20.87 million.
  • Operating expenses fell 36% to $14.24 million, led by stock-based compensation of $13.22 million versus $21.68 million a year earlier.
  • Other income rose to $8.52 million from $1.24 million, driven by a $9.72 million gain on changes in derivative liabilities’ fair value.
  • Cash used in operations was $571,920, while financing cash inflow was $1.11 million on $782,135 from ELOC share sales and $365,500 from convertible notes.
  • Pivoted toward AI data center and energy infrastructure, targeting up to 4,350 MW in Spain under a BAIF joint venture; cash on hand was about $35,000 as of May 15.


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. Edgemode 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: 0001683168-26-004353), on May 28, 2026, and is solely responsible for the information contained therein.