Quarterly ResultAug 13, 2026, 04:24 PM
Peraso Q2 Net Loss $(2.22)M; Going Concern Doubt Raised
AI Summary
Peraso Inc. reported a net loss of $(2.22) million for Q2 2026, an increase from $(1.83) million in Q2 2025, with total net revenue decreasing to $1.31 million from $2.22 million. For the six months ended June 30, 2026, the net loss was $(4.72) million on total net revenue of $2.27 million. Management has raised substantial doubt about the company's ability to continue as a going concern due to recurring losses and significant negative cash flows.
Key Highlights
- Management raised substantial doubt about Peraso's ability to continue as a going concern.
- Q2 2026 net loss increased to $(2.22)M from $(1.83)M year-over-year.
- Q2 2026 total net revenue decreased to $1.31M from $2.22M year-over-year.
- Six months 2026 net loss was $(4.72)M, up from $(2.30)M year-over-year.
- Six months 2026 total net revenue was $2.27M, down from $6.09M year-over-year.
- Net cash used in operating activities was $(3.92)M for six months ended June 30, 2026.
- Raised $4.67M from at-the-market stock sales in the six months ended June 30, 2026.
Price Impact
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