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Urban-Gro Q1 net loss narrows to $3.3 million; revenue is no revenue

PUBT·05/20/2026 12:02:39
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Urban-Gro Q1 net loss narrows to $3.3 million; revenue is no revenue
  • Urban-Gro posted a net loss of USD 3.3 million for the three months ended March 31, 2026, narrowing from a net loss of USD 4.03 million a year earlier.
  • Revenue was flat at no revenue, while loss from continuing operations widened to USD 2.35 million from USD 618,901 in the prior-year quarter.
  • Operating expenses totaled USD 2.13 million, including USD 1.72 million of amortization of acquired intangibles tied to the Feb. 17 Flash merger.
  • Loss from discontinued operations narrowed to USD 952,121 from USD 3.42 million, reflecting the wind-down of legacy controlled environment agriculture operations.
  • Cash was USD 305,139 at quarter-end, and the company flagged substantial doubt about its ability to continue as a going concern within one year.


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. Urban-Gro 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: 0001213900-26-059249), on May 20, 2026, and is solely responsible for the information contained therein.