• NetBrands posted a net loss of $677,294, or $(0.00) per share, for the three months ended March 31, 2026, widening from a loss of $103,045, or $(0.00) per share, a year earlier.
• Revenue totaled $13,816, turning from no revenue in the prior-year quarter.
• Operating expenses climbed to $127,725 from $6,191 as the company repositioned toward cryptocurrency mining, digital asset treasury management, and related blockchain initiatives.
• Other expense widened to $553,732 from $96,854, driven by interest expense and a loss on extinguishment of debt tied to fundings.
• NetBrands said it is mining in Cedar Falls, Iowa with 2.5 petahash of processing power, while evaluating a proposed 5-MW Bitcoin mining facility in Iowa and discussing site development with hosting partner Simple Mining LLC.

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. Netbrands Corp. 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: 0001493152-26-022713), on May 13, 2026, and is solely responsible for the information contained therein.