Safespace Global net loss widens 90% to $6.21 million in FY26 nine months ended April 30

SAFESPACE GLOBAL CORPORATION

SAFESPACE GLOBAL CORPORATION

SSGC

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  • Safespace Global posted revenue of USD 11,258 for the three months ended April 30, 2026, versus no revenue a year earlier.
  • Operating expenses more than doubled to USD 3.46 million, led by a USD 1.22 million non-cash impairment of capitalized software development costs.
  • Net cash used in operating activities widened to USD 4.61 million for the nine months ended April 30, 2026, from USD 1.75 million a year earlier.
  • Cash and cash equivalents fell to USD 1.74 million at April 30, 2026, from USD 7.55 million at July 31, 2025.
  • Renewed and expanded a partnership with Signature HealthCARE; added Wayman Place for its non-wearable elopement detection solution.


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