NewHydrogen Q2 FY26 net loss widens to $917,822; no revenue - NEWH News | RalliesNewHydrogen Q2 FY26 net loss widens to $917,822; no revenue
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NEWH• Quarterly results
- NewHydrogen posted a net loss of $917,822 for the quarter ended June 30, 2026, widening from $623,704 a year earlier.
- No revenue was generated; operating costs climbed, led by R&D expense rising to $342,874 and G&A increasing to $464,318.
Near-term development plan
- NewHydrogen said its near-term plan is to maintain ThermoLoop technology development at UC Santa Barbara, expecting no expense ramp until early 2027.
Six-month cash use and loss
- Cash used in operations totaled $1.46 million for the six months ended June 30, 2026, while net loss widened to $1.74 million.
- Working capital fell to $788,355 as of June 30, 2026; cash financing inflows were $763,035 from shares issued under an equity financing agreement.
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