Quarterly ResultAug 6, 2026, 03:21 PM
Oculus Q2 Net Loss $62.5K; Going Concern Warning Issued
AI Summary
Oculus Inc. reported a net loss of $62,556 for the second quarter of 2026 and $124,633 for the first six months of 2026. The company's total assets stood at $21,342 against total liabilities of $871,291, resulting in a stockholders' deficiency of $(849,949). Management issued a going concern warning, citing continuous losses since inception and a lack of financial resources to sustain long-term operations, further noting the absence of paying customers.
Key Highlights
- Net loss for the three months ended June 30, 2026, was $62,556.
- Net loss for the six months ended June 30, 2026, was $124,633.
- Total assets as of June 30, 2026, were $21,342.
- Total liabilities as of June 30, 2026, were $871,291.
- Stockholders' Deficiency increased to $(849,949) as of June 30, 2026.
- Cash balance decreased to $4,989 as of June 30, 2026.
- Accumulated deficit reached $(49,157,778) as of June 30, 2026.
- The company has incurred losses from inception and currently has no paying customers.
Price Impact
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