Quarterly ResultMay 20, 2026, 05:22 PM
Nuburu Q1 Net Loss Narrows to $0.46M; Stockholders' Equity Turns Positive
AI Summary
Nuburu reported a significantly reduced net loss of $0.46 million for Q1 2026, a substantial improvement from a $16.61 million loss in Q1 2025. The company's stockholders' equity turned positive to $2.17 million, up from a deficit of $15.18 million at year-end 2025. This quarter reflects the impact of a new business plan adopted in January 2025, focusing on defense and security, and strategic acquisitions. Despite these improvements, the company still faces a going concern doubt and ongoing NYSE non-compliance notices.
Key Highlights
- Net loss for Q1 2026 significantly narrowed to $459,898 from $16,611,425 in Q1 2025.
- Revenue for Q1 2026 was $407,644, up from $0 in Q1 2025.
- Total Stockholders' Equity turned positive to $2,172,572 as of March 31, 2026, from a deficit of $15,182,173 at December 31, 2025.
- Cash and cash equivalents decreased to $8,267,110 as of March 31, 2026, from $24,661,284 at December 31, 2025.
- Net cash used in operating activities was $9,105,949 for the three months ended March 31, 2026.
- Acquired controlling interest in Orbit and 100% of Lyocon in January 2026.
- Entered strategic agreements with Tekne S.p.A, including an initial 2.9% equity investment.
- Received NYSE non-compliance notice on May 12, 2026, for stockholders' equity below $4.0 million.
Price Impact
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