Unite Acquisition 1 net loss narrows 21% to $1.21 million in Q2 FY26 - APTN News | RalliesUnite Acquisition 1 net loss narrows 21% to $1.21 million in Q2 FY26
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APTN• Quarterly loss and expenses improve
- Unite Acquisition 1 posted a net loss of $1.21 million for the quarter ended June 30, 2026, narrowing 21% year over year.
- Operating loss improved 21% to $1.2 million as operating expenses fell 21% to $1.2 million.
- R&D expense dropped 59% to $138,167 on lower assay development, Duke sponsored research, tox study and packaging costs.
- G&A costs declined 10% to $1.06 million as lower professional fees offset higher compensation, including stock-based pay.
Cash position and going-concern warning
- Cash and cash equivalents rose to $670,488 at June 30, 2026; management flagged substantial doubt about funding the next 12 months.
MPWR
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