Weed net loss narrows to $104,132 in Q2 FY26; revenue remains nil

Reuters2026/08/14 19:01

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Weed Inc. posted a net loss of USD 104,132 for the quarter ended June 30, 2026, narrowing from USD 107,616.
Operating loss improved to USD 90,911 from USD 94,045, as operating expenses eased to USD 90,911 from USD 94,045.
No revenue was reported; general and administrative costs rose to USD 74,726 from USD 64,052, on higher consulting and salary.
Professional fees dropped to USD 10,750 from USD 24,372, while interest expense edged down to USD 13,221 from USD 13,571.
Liquidity remained tight, with cash of USD 1,066 at June 30, 2026 and a monthly burn rate of about USD 2,600.

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. Weed 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: 0001096906-26-001229), on August 14, 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.

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Weed net loss narrows to $104,132 in Q2 FY26; revenue remains nil

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