Tap Real Estate net loss narrows to $4.51 million in Q2 FY26; no revenue

Operating expenses fell 14.58% to $2.79 million for the six-month period, driven by lower professional fees and no settlement charges.

General and administrative costs rose 26.24% to $2.49 million, while professional fees dropped 63.88% to $307,521.

Cash was $165,611 at June 30, 2026; working capital deficit widened to $3.29 million as management flagged substantial doubt about going concern.

Tap Real Estate posted a net loss from continuing operations of $4.51 million for the six months ended June 30, 2026, narrowing from $6.85 million.

Quarterly net loss from continuing operations narrowed to $1.55 million from $2.86 million a year earlier.