Cyclerion FY26 Q2 net loss widens to $1.76 million; revenue falls to no revenue - CYCN News | RalliesCyclerion FY26 Q2 net loss widens to $1.76 million; revenue falls to no revenue
C
CYCN• Second-quarter results
- Cyclerion posted a net loss of $1.76 million for the quarter ended June 30, 2026, widening from $324,000 a year earlier.
- Operating loss widened to $1.77 million, while total cost and expenses edged up 0.34% to $1.77 million.
- General and administrative expense rose 3.63% to $1.77 million, driven by higher corporate legal fees.
- Revenue fell to no revenue in the quarter.
First-half results and liquidity
- For the first half, net loss widened to $4.93 million, while total cost and expenses climbed 50.77% to $4.98 million.
- Cash and cash equivalents were $1.4 million at June 30.
- The company expects cash to fund operations through its planned Korsana merger closing in Q3 2026.
•
