Sky Quarry Q1 FY26 net loss narrows to $2.32 million; net sales fall to $383

Sky Quarry, Inc.

Sky Quarry, Inc.

SKYQ

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  • Sky Quarry posted net sales of USD 383 for the three months ended March 31, 2026, down 100% from the year-earlier quarter, while net loss narrowed 30.4% to USD 2.32 million.
  • Operating loss improved 39.76% to USD 1.6 million, as operating expenses fell 37% to USD 1.22 million.
  • Interest expense dropped 62.96% to USD 333,989, while loss on extinguishment of debt widened to USD 269,396 from USD 56,660.
  • Cash totaled USD 66,828 at quarter-end, with net cash used in operating activities improving to USD 588,631 from USD 1.96 million.
  • Eagle Springs refinery repairs were completed, with operations expected by end of second-quarter 2026 and production expected to resume in June 2026, subject to feedstock procurement.


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