Abpro net loss narrows 68% to $940,000 in Q2 FY26; revenue remains no revenue
ABPO•Trading status
Shares trade on the OTC Pink Limited Market as ABPO following a Nasdaq delisting effective Feb. 23, 2026.
No revenue and going-concern warning
No revenue was recorded. Cash totaled $4.2 million at June 30, 2026, and the company raised substantial doubt about its ability to continue as a going concern.
Quarterly results improve as expenses fall
Abpro posted a net loss of $940,000 for the quarter ended June 30, 2026, narrowing 68% year over year.
Total operating expenses fell 48% to $1.18 million. Research and development dropped 97% to $9,000, while general and administrative costs declined 40% to $1.17 million. Other income swung to $235,000 from an expense.
