FG Nexus Q2 FY26 net loss widens to $10.25 million; revenue rises 16.9% to $242,000 - FGNX News | RalliesFG Nexus Q2 FY26 net loss widens to $10.25 million; revenue rises 16.9% to $242,000
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FGNX• Q2 FY26 results and digital asset exit
- FG Nexus posted a GAAP net loss from continuing operations of $10.25 million for the quarter ended June 30, 2026, swinging from profit.
- Revenue rose 16.9% to $242,000, with $129,000 of stock-based compensation expense, down 48.4%.
- Operating loss widened 34.3% to $2.15 million on general and administrative expenses of $2.26 million, up 45.8%.
- Loss on equity holdings totaled $9.21 million, driven by a $9.7 million Saltire equity-method loss including a $11.2 million write-down.
- The board authorized an exit from the digital asset business, completing sales of all digital assets before June 30, 2026.
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