Weed net loss narrows to $175,256 in Q1 FY26

WEED INC

WEED INC

BUDZ

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  • Weed Inc. posted a net loss of $175,256 for quarter ended March 31, 2026, narrowing from $440,455 a year earlier as operating loss improved to $163,955 from $434,737.
  • Operating expenses fell to $163,955 from $434,737, led by general and administrative costs dropping to $67,833 from $383,268.
  • Professional fees climbed to $90,500 from $45,847, while interest expense rose to $14,099 from $5,718.
  • Cash slid to $1,795 at March 31, 2026 from $33,130 at Dec. 31, 2025, with monthly cash burn running about $12,000.
  • Total current liabilities increased to $1.35 million from $1.25 million, while management highlighted continued work to integrate Hempirical Genetics assets and early-stage development of a digital asset ecosystem tied to potential WEEDCoin and BUDZCoin launches.


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. Weed 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: 0001096906-26-000814), on May 15, 2026, and is solely responsible for the information contained therein.