Quarterly ResultAug 6, 2026, 09:04 AM
Aclarion Q2 Net Loss $2.75M; Revenue $25.2K
AI Summary
Aclarion, Inc. reported a net loss of $(2.75) million for the second quarter of 2026, an increase from $(1.60) million in the same period last year. Revenue for the quarter grew to $25,208. For the six months ended June 30, 2026, the company's net loss was $(5.60) million. The company's cash and cash equivalents increased to $16.29 million, partly due to a registered direct offering that raised approximately $10.4 million in gross proceeds, and management believes current cash will fund operations for at least twelve months.
Key Highlights
- Net loss for the three months ended June 30, 2026, was $(2,747,551) compared to $(1,600,757) in the prior year period.
- Revenue for the three months ended June 30, 2026, increased to $25,208 from $19,319 in the same period last year.
- Net loss per share allocable to common stockholders for Q2 2026 was $(1.12) compared to $(2.75) in Q2 2025.
- Cash and cash equivalents totaled $16,285,462 as of June 30, 2026, up from $12,015,789 at December 31, 2025.
- Total assets as of June 30, 2026, were $18,039,654, an increase from $13,672,404 at December 31, 2025.
- Total stockholders' equity stood at $17,002,720 as of June 30, 2026.
- The company completed a registered direct offering, generating approximately $10.4 million in gross proceeds.
- Net cash used in operating activities for the six months ended June 30, 2026, was $(5,298,896).
Price Impact
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