Quarterly ResultSep 28, 2026, 04:01 PM
Nordicus Partners Corp Q2 Net Loss Widens to $2.31M on Zero Revenue
AI Summary
Nordicus Partners Corporation filed its 10-Q for the period ending June 30, 2026. The company reported a net loss of $2.31 million for the second quarter of 2026, an increase from the $1.21 million net loss in the same period of 2025. Revenue remained flat at $0 for both periods. Total assets decreased to $73.1 million, while total liabilities slightly increased to $11.6 million, resulting in a decrease in total stockholders' equity to $61.5 million. The company also noted a significant increase in net loss per share to ($0.13) from ($0.07) year-over-year.
Key Highlights
- Nordicus Partners Corp reported a net loss of $2.31M for Q2 2026, compared to a net loss of $1.21M in Q2 2025.
- Revenue for Q2 2026 was $0, consistent with Q2 2025.
- Total assets decreased to $73.1M as of June 30, 2026, from $75.5M as of March 31, 2026.
- Total liabilities increased to $11.6M as of June 30, 2026, from $11.2M as of March 31, 2026.
- Stockholders' equity decreased to $61.5M as of June 30, 2026, from $64.2M as of March 31, 2026.
- Net loss per share was ($0.13) for Q2 2026, compared to ($0.07) for Q2 2025.
- Cash used in operating activities was $0.16M for Q2 2026, compared to $0.43M for Q2 2025.
Price Impact
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