Genvor FY26 Q3 net loss widens 542.7% to $2.56 million
GNVR•Quarterly loss widens with no revenue
Genvor posted a GAAP net loss of $2.56 million, or $0.07 per share, for the three months ended June 30, 2026.
Operating loss widened to $2.48 million from $577,543 a year earlier, with no revenue in either period.
Cash position and going-concern warning
Cash totaled $196,522 at June 30, 2026, with a working capital deficit of $2.55 million and substantial doubt about going concern.
Expenses rise led by compensation and professional fees
Total operating expenses climbed to $2.48 million from $577,543, led by compensation expense of $1.52 million.
Professional fees rose to $481,851 from $80,356, driven by $381,641 of services paid with Series C Preferred Stock.
