Sharps Technology Q1 FY26 operating loss widens to $86.27 million; revenue $192,780

Sharps Technology, Inc.

Sharps Technology, Inc.

STSS

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  • Sharps Technology posted a net loss of $86.24 million for quarter ended March 31, 2026, swinging from net income of $1.93 million a year earlier.
  • Operating loss widened to $86.27 million from $1.36 million, as operating expenses climbed to $89.39 million from $1.36 million.
  • Revenue was $192,780 versus no revenue, while staking revenue rose to $3.13 million from none.
  • Digital commodity results dominated quarter, with an unrealized loss of $70.85 million and a realized loss of $10.79 million; 100,000 SOL were sold at an average price of $92.89 per SOL.
  • Company ended quarter with cash of $12.32 million, up from $10.38 million at Dec. 31, 2025, and reported working capital of $16.16 million.


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