1606 net loss narrows to $121,063 in Q2 FY26; posts no revenue
CBDW•Quarterly loss narrows while expenses rise
- 1606 Corp. posted a net loss of $121,063 for the quarter ended June 30, 2026, narrowing from $210,111 a year earlier.
- Operating expenses rose to $154,746 from $117,084, driven by higher professional and other operating costs.
- Revenue was unchanged at no revenue for both the quarter and six-month period.
Six-month loss widens on higher interest and fees
- For the six months ended June 30, net loss widened to $1.19 million from $418,450 on higher interest expense and acquisition extension fees.
Strategy shifts toward power infrastructure and data centers
- Strategy shifted toward power infrastructure and data-center assets, with a Texas 55-megawatt facility acquisition still pending and a Sim Agro deal under review.
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