Data443 net loss more than doubles to $944,481 in Q2 FY26; revenue drops 42% to $829,695 vs Q2 FY25
ATDS•Q2 and six-month results
- Data443 posted Q2 net loss of USD 944,481, more than doubled year over year.
- Revenue fell 42% to USD 829,695, while gross profit swung to USD 1,144 from a profit a year earlier.
- Cost of revenue climbed 261% to USD 828,551, tied to a 1-year license purchase related to the TacitRed acquisition.
- For the six months, net loss widened 97% to USD 1.96 million, while revenue declined 29% to USD 1.85 million.
- Management said it will need additional operating capital over the next 12 months, with funding expected via debt or equity.
