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LQR House Q1 FY26 net loss narrows 62% to $914,969; revenue drops 48% to $222,683

PUBT·05/15/2026 20:04:52
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LQR House Q1 FY26 net loss narrows 62% to $914,969; revenue drops 48% to $222,683
  • LQR House posted a net loss of USD 914,969 for the quarter ended March 31, 2026, narrowing 62% year over year.
  • Revenue fell 48% to USD 222,683, driven by an 84% drop in services to USD 12,572 and a 40% decline in product to USD 210,111.
  • Operating loss widened 21% to USD 2.91 million as general and administrative expense rose 37% to USD 2.78 million, while sales and marketing expense slid 74% to USD 105,000.
  • Other income increased to USD 1.99 million from USD 10,206 a year earlier, primarily due to USD 1.94 million of proceeds under directors and officers insurance.
  • Cash and cash equivalents totaled USD 4.44 million at March 31, 2026, down from USD 5.98 million at Dec. 31, 2025, with substantial doubt raised about going-concern status.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LQR House Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-057681), on May 15, 2026, and is solely responsible for the information contained therein.