iWallet Q2 FY26 net loss narrows to $27,194; revenue unchanged at no revenue
IWAL•Interest expense rises on new notes
Interest expense rose to $13,287 from $11,925, reflecting new notes added in the period.
Revenue remains unchanged at no revenue
Revenue was unchanged at no revenue in the quarter; the company remains focused on biometric locking wallets and related security products.
Quarterly loss narrows as expenses decline
iWallet posted a net loss of $27,194 for the quarter ended June 30, 2026, narrowing from $176,525 a year earlier.
Operating expenses fell 31% to $13,907, driven by lower auditor fees and legal fees.
