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Edgemode net loss narrows to USD 9.02 million for six months ended June 30, 2026; operating expenses fall 39% to USD 15.56 million

PUBT·08/14/2026 20:12:10
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Edgemode net loss narrows to USD 9.02 million for six months ended June 30, 2026; operating expenses fall 39% to USD 15.56 million
  • Edgemode posted a net loss of $9.02 million for the six months ended June 30, 2026.
  • Operating expenses fell 39% to $15.56 million, including stock-based compensation of $13.26 million.
  • Other income climbed to $6.54 million, driven by a $9.02 million gain on changes in derivative-liability fair value.
  • Cash on hand totaled about $25,000 as of Aug. 14, 2026; net cash used in operating activities was $1.18 million.
  • Strategy shifted toward AI data center and energy infrastructure in Spain and Panama; it is seeking at least $5 million to start HPC hosting.


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. Edgemode 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: 0001683168-26-006473), on August 14, 2026, and is solely responsible for the information contained therein.