Olenox Q2 FY26 net loss narrows to $3.24 million; revenue more than doubles to $2.12 million
OLOX•Quarterly results and business drivers
Olenox posted a net loss attributable to common stockholders of $3.24 million for Q2 2026, narrowing from $4.57 million a year earlier.
Revenue more than doubled to $2.12 million, driven by $1.45 million from cryptocurrency mining following the CS Digital acquisition.
Operating loss narrowed to $2.94 million; gross profit swung to $247,523 from a gross loss a year earlier.
SG Echo filed for Chapter 11 on April 28, triggering an event of default on certain debt agreements including about $4 million owed to Enhanced Capital Oklahoma Rural Fund.
