Quarterly ResultApr 9, 2026, 03:51 PM
SolarWindow Technologies Reports 17.8% Decline in Cash to $5.39M Over Six Months
AI Summary
SolarWindow Technologies, Inc. (WNDW) reported a significant decrease in its cash and cash equivalents, which fell by 17.8% to $5.39 million as of February 28, 2026, compared to $6.56 million at August 31, 2025. This decline contributed to a 16.6% reduction in total current assets over the six-month period. While deferred research and development costs saw a modest increase, the overall financial position indicates a notable cash burn, which could raise concerns for investors regarding the company's liquidity and operational funding without further context from the full financial statements.
Key Highlights
- Cash and cash equivalents decreased by $1.16 million, or 17.8%, from $6,555,642 on August 31, 2025, to $5,391,821 on February 28, 2026.
- Total current assets declined by $1.10 million, or 16.6%, from $6,602,165 on August 31, 2025, to $5,505,123 on February 28, 2026.
- Deferred research and development costs increased by 11.7% to $34,274 as of February 28, 2026, up from $30,687 at August 31, 2025.
- Prepaid expenses and other current assets saw a substantial increase of 399.0% to $79,028 as of February 28, 2026, compared to $15,836 at August 31, 2025.
- The company had 65,779,045 shares of common stock outstanding as of April 9, 2026.