Madison Technologies FY26 Q2 net loss narrows to $613,526; interest expense falls to $529,248

Recent updates included Vincent DeVito joining the board on Jan. 31, 2026, followed by an office relocation to 405 Lexington Avenue in August 2026.

Interest expense fell to $529,248 from $598,166, while professional fees dropped to $35,957 from $80,270.

For the six months ended June 30, interest expense eased to $1.1 million from $1.19 million.

Working capital deficit widened to $24.57 million at June 30 from $23.31 million at Dec. 31, primarily on accrued debt interest.

Madison Technologies posted a net loss of $613,526 for the three months ended June 30, 2026, narrowing from $718,482 a year earlier.

For the six months ended June 30, net loss narrowed to from .