NewcelX FY26 H1 net loss attributable to common shareholders narrows 50% to USD 5.63 million - NCEL News | RalliesNewcelX FY26 H1 net loss attributable to common shareholders narrows 50% to USD 5.63 million
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NCEL• First-half loss narrows as expenses rise
- NewcelX posted a net loss attributable to common shareholders of USD 5.63 million for the six months ended June 30, 2026.
- Operating loss widened 107.86% to USD 2.83 million, while total loss narrowed 74.23% to USD 2.9 million.
- Research and development costs more than doubled to USD 1.17 million, and general and administrative expenses climbed 142.77% to USD 1.66 million.
- Cash and cash equivalents fell to USD 710,400 at June 30, 2026 from USD 2.2 million at Dec. 31, 2025.
- Management flagged substantial doubt about going concern, citing uncertainty over fundraising and timing of equity line of credit use.
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