Reported results
- Incurred a GAAP net loss of ($6.0) million, or ($0.15) per basic and diluted share, in Q3 2026 compared to a net loss of ($5.6) million, or ($0.17) per basic and diluted share, in Q3 2025.
- Non-GAAP Adjusted EBITDA was a loss of ($4.6) million in Q3 2026 compared to a loss of ($4.4) million in Q3 2025.
- GAAP revenue was $0 in the third quarter of 2026 compared to $11 thousand in the third quarter of 2025.
- Held $34.8 million in cash, cash equivalents and short-term investments as of September 30, 2026, compared to $19.2 million as of December 31, 2025.
- GAAP total operating expenses were $6,328 thousand in the third quarter of 2026 compared to $5,676 thousand in the third quarter of 2025.
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.
