• EnWave published its MD&A for the six months ended March 31, 2026, showing revenue of CAD 2.76 million, down 43% from CAD 4.87 million, reflecting fewer large-scale equipment sales.
• Net loss widened to CAD 2.26 million from CAD 182,000; Q2 revenue fell 69% to CAD 1.16 million.
• Royalty revenue rose 5% to CAD 1.09 million for the six-month period, while Q2 total royalties slipped 2% to CAD 465,000 on lower partner sales and production.
• Cash and cash equivalents declined to CAD 3.31 million from CAD 6.36 million since Sept. 30, 2025; inventory climbed to CAD 3.91 million as components were purchased for large-scale machines.
• Pipeline updates included a new commercial license in Egypt tied to a 10kW machine purchase, one active technology evaluation agreement, several paid development engagements, and two large-scale machines under contract with installation pending.

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. EnWave Corporation published the original content used to generate this news brief on May 22, 2026, and is solely responsible for the information contained therein.