AppSoft net loss narrows 44% to $16,937 in Q2 FY26; revenue posts no revenue

Reuters2026/08/19 17:49

By:Reuters

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AppSoft posted a Q2 net loss of USD 16,937, narrowing 44% from a year earlier; revenue was no revenue.
Total expenses fell to USD 16,937, down from USD 30,396, on lower outside services, SG&A, and professional fees.
Interest expense rose to USD 2,772 from USD 2,433 as related-party borrowings increased.
Six-month net loss narrowed 33% to USD 37,386; net cash used in operating activities improved to USD 31,933 from USD 51,587.
Cash was USD 9 with a USD 51,185 working-capital deficit; borrowings under the BGS Drawdown Note totaled USD 356,058.

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. AppSoft Technologies 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: 0001477932-26-005162), on August 19, 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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AppSoft net loss narrows 44% to $16,937 in Q2 FY26; revenue posts no revenue

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