Powerdyne net loss widens to $120,246 in Q1 FY26; revenue falls to $171,025
POWERDYNE INTL INC
POWERDYNE INTL INC PWDY | 0.00 |
- Powerdyne International posted revenue of $171,025 for the three months ended March 31, 2026, down 36.9% from a year earlier.
- Net loss widened to $120,246 from $55,134, while gross profit slipped to $39,273 from $61,639.
- Operating expenses rose to $159,520 from $116,773, driven by additional expenses tied to completing various financing agreements.
- Management cited tariff threats and economic uncertainty as factors behind a roughly $100,031 revenue decline at CM Tech, while Frame One revenue was relatively flat.
- Separately, CEO Jim O’Rourke died on April 29, 2026, with the company implementing its succession plan and assessing any operational or financial impact.
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. Powerdyne International 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: 0001493152-26-024678), on May 20, 2026, and is solely responsible for the information contained therein.
