Two Hands Q2 FY26 net loss widens to $2.19 million; operating expenses climb to $2.08 million

• Two Hands posted a net loss of $2.19 million, widening 550% from the prior-year quarter.
• Operating expenses climbed to $2.08 million, up 900%, driven by higher consulting, office costs, professional fees, stock-based compensation.
• Other expense narrowed to $109,976 from $128,716, helped by a $5,272 gain on debt settlement.
• Cash was $40,108 at June 30, 2026; working-capital deficit widened to $2.45 million from $2.01 million at Dec. 31, 2025.
• Strategy shifted toward AI and quantum computing with products Pegasus, Scalova, EntangleX; name change to Quantum X awaits FINRA clearance.

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