Quarterly ResultAug 13, 2026, 08:32 AM
DUKR Q2 Net Loss $1.65M; Nasdaq Listing & $7.26M Offering
AI Summary
DUKE Robotics Corp. reported a net loss of $1.65 million for the six months ended June 30, 2026, on revenues of $149 thousand. Despite increased losses, the company significantly improved its liquidity by completing a public offering in May 2026, raising $7.26 million in net proceeds, and subsequently listing its common stock and warrants on the Nasdaq Capital Market. The company also executed a 1-for-25 reverse stock split in March 2026 and noted ongoing geopolitical instability in Israel as a risk factor.
Key Highlights
- Net loss for six months ended June 30, 2026, was $1.65 million.
- Revenues for six months ended June 30, 2026, were $149 thousand.
- Completed a public offering in May 2026, raising $7.26 million in net proceeds.
- Common stock and warrants began trading on the Nasdaq Capital Market in May 2026.
- Cash and cash equivalents increased to $6.95 million as of June 30, 2026.
- Total stockholders' equity rose to $6.65 million as of June 30, 2026.
- Implemented a 1-for-25 reverse stock split on March 6, 2026.
- Geopolitical instability in Israel caused temporary disruptions to operations.
Price Impact
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