Azio AI net loss widens to $6.64 million in Q2 FY26; revenue more than doubled to $2.66 million

Reuters2026/08/18 12:23

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Azio AI posted Q2 revenue of USD 2.66 million, more than doubled from a year earlier.
Net loss widened to USD 6.64 million; included a USD 893,630 loss on conversion and fair-value changes of convertible notes.
Sales mix shifted to medical supplies, with no revenue from the electric vehicle segment; revenue came from related-party medical supplies deliveries.
G&A expenses climbed to USD 5.8 million from USD 2.75 million on higher payroll, rent, legal fees, stock compensation, and debenture commissions.
Subsequent to quarter-end, it acquired Legacy Azio to expand into AI data center infrastructure; cash was USD 141,955 at June 30.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Azio AI Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-028254), on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Azio AI net loss widens to $6.64 million in Q2 FY26; revenue more than doubled to $2.66 million

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