• REalloys posted a net loss of $106.72 million for the quarter ended March 31, 2026, widening from a loss of $1.74 million a year earlier.
• Operating loss widened to $87.66 million, while revenue was $706,000 on $299,000 of cost of sales.
• General and administrative expense surged to $85.4 million, driven primarily by $81.8 million of stock-based compensation tied to merger-related awards and shares-for-services grants.
• Other expense climbed to $19.06 million, reflecting a $9.23 million accretion expense on Series C Convertible Preferred Stock and a $6.39 million impairment of the EVTEC investment.
• Cash and cash equivalents rose to $42.55 million as of March 31, 2026, from $2.82 million at year-end, following net proceeds of about $46.8 million from a March underwritten public offering.

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. REalloys 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: 0001628280-26-036966), on May 20, 2026, and is solely responsible for the information contained therein.