SCWorx Q2 FY26 net loss narrows to $120,954; revenue rises 3.43% to $706,049
WORX•Q2 results show narrower loss and higher revenue
SCWorx posted a net loss of $120,954 for the quarter ended June 30, 2026, narrowing from $1.91 million.
Revenue rose 3.43% to $706,049, helped by modified customer contracts and new customer contracts.
Cost of revenues fell to $375,626 from $502,215, on lower labor and cloud hosting costs.
Nasdaq trading suspension and reverse split update
Nasdaq suspended trading on April 14, 2026 after a minimum bid-price breach; a 1-for-12 reverse split took effect August 4, 2026.
Reinstatement requires a $1+ closing bid for 20 straight sessions by August 28, 2026; shares have stayed above $1 so far.
