Renewal Fuels Q2 FY26 net loss widens to $1.28 million; revenue turns to $58,000

Reuters2026/08/12 17:32

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Renewal Fuels posted Q2 net loss of $1.28 million, widening from a net loss of $55,319 a year earlier.
Revenue was $58,000, versus no revenue a year earlier; gross margin was $8,000 on cost of revenue of $50,000.
Operating loss widened to $1.25 million as operating expenses rose to $1.25 million, led by consulting fees of $543,232.
Cash and cash equivalents totaled $79,341 at June 30, with a working capital deficit of $1.71 million.
Subsequent to quarter-end, Texas DSHS issued a radiation machine registration for R&D testing in Lubbock through Feb. 28, 2034.

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. Renewal Fuels 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: 0001079973-26-001063), on August 12, 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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Renewal Fuels Q2 FY26 net loss widens to $1.28 million; revenue turns to $58,000

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