Fuse Group net loss narrows to $114,749 in FY26 Q3-to-date; revenue falls to $7,683
FUST•Balance sheet position
Working capital deficit widened to $290,250 from $285,615.
Expenses and operating cash flow
Operating expenses dropped 53.31% to $114,939, driven mainly by lower personnel costs, rent, and utilities.
Non-operating expenses rose to $5,093 from $1,985, led by interest expense on convertible notes and an EIDL loan.
Net cash used in operating activities improved to $115,787 from $205,912.
Nine-month results through June 30, 2026
Fuse Group posted a net loss of $114,749 for the nine months ended June 30, 2026, narrowing from a net loss of $204,619.
Revenue fell 83.28% to $7,683; gross profit was $7,683 as cost of revenue was nil.
