Our Bond posted a net loss of $4.77 million for the quarter ended June 30, 2026, widening from $3.04 million a year earlier.
Revenue fell 6.77% to $2.12 million, on a modest reduction in physical services provided versus the prior-year quarter.
Cost of services sold rose 16.24% to $2.26 million, driven by investments for global expansion, including added personnel and facilities.
Operating expenses increased 23.47% to $3.79 million, reflecting public-company costs such as investor relations, payroll, and higher insurance and professional fees.
Annual recurring revenue was about $10 million, while total bookings slipped to $2.5 million from the year-ago quarter’s $2.6 million.
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