Elektros FY26 H1 net loss widens to $348,037; revenue stays at no revenue

Reuters2026/08/17 20:49

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Elektros posted a net loss of $348,037 for the six months ended June 30, 2026, widening from $31,570 a year earlier.
Operating expenses climbed to $348,037 from $31,570, driven by general and administrative costs.
Revenue was unchanged at no revenue in both periods.
Cash on hand was $6 at June 30, 2026, while net cash used in operations totaled $319,994.
Electrik vehicle plans were shelved as it pivoted to a Sierra Leone hard-rock lithium project; CEO salary totaled $286,624.

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. Elektros 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: 0001852616-26-000011), on August 17, 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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Elektros FY26 H1 net loss widens to $348,037; revenue stays at no revenue

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