Ten Holdings Q2 2026 revenue fell 34.5% to $731,000 as some customer activity shifted into Q3.
Net loss widened to $3 million, while gross margin improved 1.5 percentage points to 85.8%.
Cash position after equity offering
Cash totaled about $5.8 million at quarter-end following a $7.5 million common-stock offering that closed June 30.
Expenses rise on public-company costs
SG&A expenses climbed 67.6% to $3.6 million on higher professional fees tied to public-company compliance, audit and advisory costs.
Product development and acquisition plans
Management highlighted platform work on AI-driven analytics, automated captioning and workflow tools, while targeting strategic acquisitions by December 2026.
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