QS Energy posted a GAAP net loss of $2.16 million for the quarter ended June 30, 2026, versus a $2.14 million loss a year earlier.
Operating loss widened to $2.13 million from $2 million, while operating expenses climbed to $2.13 million from $1.89 million.
Interest and financing expense narrowed to $29,000 from $143,000, while research and development spending fell to $9,000 from $104,000.
Six-month results and commercialization update
For the six months, net loss narrowed to $2.94 million from $11.81 million, while operating expenses dropped to $2.86 million from $11.4 million.
Commercialization efforts remained focused on AOT pipeline units, with no revenue and no purchase orders under the VIPS Distributor Agreement or Laksel LOI.
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