Nocopi net loss widens to $471,927 in FY26 Q2; net sales more than double to $0.96 million vs FY25 Q2 - NNUP News | RalliesNocopi net loss widens to $471,927 in FY26 Q2; net sales more than double to $0.96 million vs FY25 Q2
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NNUP• Fiscal second-quarter results
- Nocopi posted fiscal 2026 Q2 net sales of $0.96 million, more than doubled from a year earlier on the Polymeric acquisition.
- Net loss widened to $471,927, or $0.04 a share, from a net loss of $58,600, or $0.01 a share.
- Gross profit climbed to $357,381, while gross margin fell 16 percentage points to 37% on a shift toward lower-margin product sales.
- Operating loss widened to $567,732 as operating expenses rose to $925,113, driven by one-time legal and consulting fees tied to the deal.
- Cash and equivalents totaled $10.69 million at quarter-end with no debt; management set 12- to 24-month integration and cost-efficiency targets.
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