King Resources files audited FY2026 results, posts net loss of $2.18 million
KRFG•Revenue increased, but losses and expenses widened
Revenue rose to US$830,662 from US$76,921; net loss was US$2.18 million versus net income of US$1.95 million.
Sales and marketing expense jumped to US$1.99 million from US$135,517, driven mainly by consulting fees.
Cash and cash equivalents ended at US$8,789, and working capital deficit widened to US$1.19 million from US$954,533.
Deferred compensation was US$2.47 million at March 31, 2026, and share-based compensation expense was US$1.95 million.
Audited FY2026 filing revises deferred compensation disclosure
King Resources filed an audited restatement of fiscal 2026 results via Form 10-K/A, revising Note 8 stockholders’ deficit disclosures on deferred compensation.
