Nuburu Q1 net loss narrows to $459,898; revenue reaches $407,644
Nuburu, Inc.
Nuburu, Inc. BURU | 0.00 |
- Nuburu posted a net loss of USD 459,898 for the quarter ended March 31, narrowing from a net loss of USD 16.61 million a year earlier, as revenue turned on at USD 407,644 from no revenue.
- Operating loss widened to USD 7.9 million from USD 3.04 million, while total operating expenses climbed to USD 7.66 million from USD 2.81 million.
- Cash and cash equivalents fell to USD 8.27 million at March 31 from USD 24.66 million at Dec. 31, with net cash used in operating activities increasing to USD 9.11 million from USD 1.93 million.
- The quarter included a February 2026 best-efforts public offering that generated gross proceeds of USD 11.99 million, while the company also drew USD 2.17 million under its SEPA and received USD 764,018 from warrant exercises.
- Management reiterated “substantial doubt” about its ability to continue as a going concern, citing expected continued losses and a need to raise additional capital while executing its Transformation Plan.
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. Nuburu 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: 0001193125-26-232836), on May 20, 2026, and is solely responsible for the information contained therein.
