Cash and restricted cash totaled USD 189,036, with an USD 83.35 million working capital deficit and USD 120.16 million accumulated deficit.
Management reiterated expectations for significant recurring revenues in first-quarter 2027, citing the OneWeb distribution agreement covering Japan and Taiwan.
Q1 FY26 results and non-operating gains
Aerkomm posted net income of USD 4.79 million, swinging from a net loss a year earlier, while revenue remained at no revenue.
Operating loss narrowed 6.6% to USD 2.88 million on lower operating expenses of USD 2.88 million.
Net non-operating income rose to USD 7.67 million, driven by an USD 8.33 million gain on remeasurement of retained investment upon deconsolidation.
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