Lichen net loss widens 24% to USD 11.55 million for six months ended June 30, 2026
LICN•Lichen International reported a net loss of USD 11.55 million for the six months ended June 30, 2026, as revenue fell 28% to USD 10.26 million.
1. Six-month results
Lichen International reported a net loss of USD 11.55 million for the six months ended June 30, 2026, up 24% from a year earlier. Revenue fell 28% to USD 10.26 million, while operating loss widened 66% to USD 8.72 million and gross profit dropped 41% to USD 3.89 million.
2. Balance sheet figures
Cash was USD 19.6 million and total assets were USD 65.29 million at June 30, 2026. Intangible assets rose to USD 30.67 million, while retained earnings fell to USD 8.57 million.
