Onfolio posted a GAAP net loss of USD 4.6 million in Q2 2026, widening from a GAAP net loss of USD 534,439.
Revenue fell 52% to USD 1.5 million, on lower Eastern Standard sales, reduced Proofread Anywhere advertising spend, and 2026 divestitures.
Operating loss widened to USD 965,508 from USD 506,523, while non-GAAP EBITDA As Defined slid to USD (776,255) from USD (150,950).
Items affecting the loss
Loss included USD 2.95 million from derivative-liability fair-value changes, USD 280,685 from digital-asset fair-value changes, and higher interest expense.
Management outlook and financing
Management said consolidated profitability likely requires acquisitions; it signed a USD 100 million equity purchase facility and later settled Senior Secured Convertible Notes in stock.
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