SCWorx Q1 FY26 net loss narrows to $173,767; revenue rises to $744,899

SCWorx Corp

SCWorx Corp

WORX

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  • SCWorx posted a net loss of 173,767 for the quarter ended March 31, 2026, narrowing from a loss of 476,303 a year earlier.
  • Revenue rose 3.41% to 744,899, while cost of revenues fell to 370,790 from 583,436.
  • Operating expenses increased to 509,923 from 470,860, driven by higher salaries and wages of about 56,000 and non-cash stock compensation of 12,000.
  • Other expense narrowed to 37,953 from 142,306 on lower non-cash interest expense and amortization of debt discounts tied to reduced convertible note balances.
  • Nasdaq suspended trading April 14, 2026 and filed a Form 25-NSE after the stock failed to regain the $1 minimum bid price by April 6, 2026; an appeal to a Nasdaq hearings panel is pending.


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