American Clean Resources net loss widens 18.9% to $423,064 in Q2 FY26 - ACRG News | RalliesAmerican Clean Resources net loss widens 18.9% to $423,064 in Q2 FY26
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ACRG• Quarterly loss widens as expenses rise
- American Clean Resources Group posted a net loss of $423,064 for the quarter ended June 30, 2026, unchanged at $(0.03) per share.
- General and administrative expense rose 23.3% to $301,162, driven by higher D&O insurance, consulting and professional fees, and $36,051 costs.
- Interest expense increased 9% to $124,346 on accrued interest tied to the amended LaunchIT promissory note and the GPR convertible promissory note.
- Other income edged up to $2,444, consisting of ground-lease income from a communications-tower tenant.
- Management reiterated it expects no operating revenue until the Tonopah toll milling facility is constructed, permitted, and operational.
