Stardust Power Q2 net loss widens to $3.9 million; loss per share narrows to $0.35 - SDST News | RalliesStardust Power Q2 net loss widens to $3.9 million; loss per share narrows to $0.35
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SDST• Q2 loss and per-share loss
- Stardust Power posted a net loss of $3.9 million in Q2 2026, widening from a $3.7 million loss a year earlier.
- Loss per share narrowed to $(0.35) from $(0.59) in the prior-year quarter.
Cash position and operating cash use
- Cash and cash equivalents fell to $0.5 million at June 30, 2026, down from $3.5 million at Dec. 31, 2025.
- Net cash used in operating activities totaled $4 million for the six months, improving from $4.5 million a year earlier.
Project progress and liquidity support
- Muskogee refinery site preparation began; $3.1 million was raised via the ATM after quarter-end to support liquidity and project advancement.
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