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Quarterly ResultMay 26, 2026, 04:53 PM

T-REX Acquisition Corp. 9-Month Net Loss Widens to $2.58M

AI Summary

T-REX Acquisition Corp. reported a significant widening of its net loss to $(2.58) million for the nine months ended March 31, 2026, compared to $(1.12) million in the prior year. Despite an increase in total revenues, the company experienced substantial declines in total assets and cash, alongside an increase in total liabilities. The company continues to operate in cryptocurrency mining and hosting, with a new software services segment.

Key Highlights

  • Net loss for the nine months ended March 31, 2026, widened to $(2,579,113) from $(1,122,930) in 2025.
  • Total revenues for the nine months ended March 31, 2026, increased to $12,094 from $8,226 in 2025.
  • Total assets decreased to $670,303 as of March 31, 2026, from $747,662 as of June 30, 2025.
  • Cash and cash equivalents significantly dropped to $383 as of March 31, 2026, from $49,733.
  • Total liabilities increased to $1,918,001 as of March 31, 2026, from $1,836,849.
  • Mining segment revenue was $10,937 for the nine months ended March 31, 2026.
  • Hosting segment revenue was $5,000 for the nine months ended March 31, 2026.
  • Net cash used in operating activities was $(232,605) for the nine months ended March 31, 2026.