HealthLynked Q1 FY26 net loss widens 54% to USD 1.62 million; revenue drops 45% to USD 423,465

HEALTHLYNKED CORP

HEALTHLYNKED CORP

HLYK

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  • HealthLynked posted a net loss of USD 1.62 million, widening 54% year over year, as revenue fell 45% to USD 423,465.
  • Operating loss widened 14% to USD 700,813, while selling, general and administrative expenses rose 35% to USD 847,281.
  • Other items swung sharply, with gain on extinguishment of debt of USD 1.33 million offset by loss on change in fair value of debt of USD 2.18 million.
  • Cash was USD 23,973 at March 31, 2026, with working capital deficit of USD 6.66 million.
  • Health Services was consolidated into a single NCFM practice in May 2025, while BTG practice assets were sold in October 2025; a February 2, 2026 refinancing rolled prior Dent debt into a February 2026 Dent Note of USD 5.72 million, convertible at USD 4.25 per share.


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