I-On Digital swings to FY26 Q2 net loss of $565,139; operating loss narrows 11% to $375,956 vs FY25 Q2
IONI•Other income and balance sheet items
Other income included a $4.06 million gain on exchanging ION.au assets for pmUSD and xPM tokens, plus a $440,619 debt-settlement gain.
Cash rose to $318,658. Operating cash outflow of $770,391 persisted, while financing inflow of $930,856 was led by $1.18 million in convertible notes.
Second-quarter and six-month results
I-On Digital posted a net loss of $565,139 for the second quarter of fiscal 2026, widening from a net loss of $424,508 a year earlier, even as operating expenses fell 11% to $375,956.
For the six months ended June 30, 2026, the company reported net income of $3.58 million, reversing a net loss of $772,917 in the prior-year period. Operating loss narrowed to $767,095. Revenue was $27,000, generated under the MTLCA with .
