Universal Token Q2 net loss narrows to $18,636; reports no revenue - UTKN News | RalliesUniversal Token Q2 net loss narrows to $18,636; reports no revenue
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UTKN• Q2 results and liquidity
- Universal Token posted a net loss of $18,636 for the quarter ended June 30, 2026, narrowing from $221,591 a year earlier.
- No revenue was recognized in the quarter, unchanged from the prior-year period.
- Operating expenses fell to $18,636 from $221,426, driven by lower professional fees due to reduced operations and development activity.
- Liquidity remained tight with $27 in cash at June 30, 2026, alongside a working capital deficit of $19,431.
- Management expects losses to increase over the next 12 months on higher payroll and reporting-company legal and accounting costs.
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