Azio AI net loss widens to $6.64 million in Q2 FY26; revenue more than doubled to $2.66 million
AZIO•
AZIO•General and administrative expenses climbed to $5.8 million from $2.75 million a year earlier, reflecting higher payroll, rent, legal fees, stock compensation, and debenture commissions.
Cash was $141,955 at June 30.
Sales mix shifted to medical supplies, with no revenue from the electric vehicle segment. Revenue came from related-party medical supplies deliveries.
Azio AI posted second-quarter revenue of $2.66 million, more than doubled from a year earlier.
Net loss widened to $6.64 million. The company said results included a $893,630 loss on conversion and fair-value changes of convertible notes.
Subsequent to quarter-end, the company acquired to expand into .