LAMY turns to Q3 FY26 net loss of $19,083; reports no revenue

L A M Y

L A M Y

LMMY

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  • LAMY posted a net loss of $19,083 for the quarter ended Feb. 28, 2026, swinging from net income of $80,129 a year earlier.
  • No revenue was generated; cost of goods sold was $62,108, compared with none in the prior-year quarter.
  • Operating expenses climbed to $174,897 from $6,981, driven by $161,426 of research and development and $10,600 of professional fees.
  • Other income was $217,922 on a gain on acquisition, versus $87,110 a year earlier.
  • Liquidity remained tight with no cash at Feb. 28, 2026 and current liabilities of $261,023; a $250,000 GBII convertible promissory note matured March 26, 2026.


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. LAMY 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: 0001683168-26-004868), on June 16, 2026, and is solely responsible for the information contained therein.

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