American Battery Materials FY26 Q2 net loss narrows 54.4% to $963,633; revenue remains no revenue

American Battery Materials posted a net loss of $963,633 for the quarter ended June 30, 2026, narrowing from $2,114,445 a year earlier.

General and administrative expenses fell 25% to $717,939, mainly due to lower professional fees; revenue was no revenue.

Interest expense rose to $245,694; loss on extinguishment of debt was $0, versus $565,453 in the prior-year quarter.

For the six months ended June 30, 2026, net loss widened to $5,191,042 from $2,518,084; G&A expenses slipped 10% to $1,097,901.

Management flagged a working capital deficit of $12,598,384 at June 30, 2026 and said it will need additional financing to fund operations over the next 12 months.