<span item_type="fundamental" item_id="4a3356aa10f14c37bff3bb509f382a8c" counter_id="ST/US/ZONE" env="prod"></span><span item_type="announcement" item_id="582334508998985473" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 904.7 K.</p><p>EPS: As of FY2026 Q1, the actual value is USD -0.49.</p><p>EBIT: As of FY2026 Q1, the actual value is USD -8.104 M.</p><p></p><h3>CleanCore Segment</h3><h4>Revenue</h4><ul><li>Revenue for the CleanCore segment increased by $539,799, or 147.93%, to $904,699 for the three months ended September 30, 2025, from $364,900 for the three months ended September 30, 2024. This increase was primarily due to sales from a new customer, Kellermeyer Bergensons Services, LLC (KBS), which contributed $354,351 in revenue.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h4>Gross Profit</h4><ul><li>Gross profit increased by $350,971, or 189.20%, to $536,470 for the three months ended September 30, 2025, from $185,499 for the three months ended September 30, 2024. The gross profit margin improved to 59.3% from 50.84%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h4>Operating Expenses</h4><ul><li>General and administrative expenses increased by $7,708,919, or 841.39%, to $8,625,133 for the three months ended September 30, 2025, from $916,214 for the three months ended September 30, 2024. This increase was primarily due to increases in professional and consulting fees, stock compensation expense, payroll and benefits, and director and officer insurance.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li><li>Advertising expenses increased by $25,319, or 54.79%, to $71,529 for the three months ended September 30, 2025, from $46,210 for the three months ended September 30, 2024. This increase was primarily due to increased expenses related to crypto marketing.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li><li>Depreciation and amortization expense increased by $36,826, or 92.47%, to $76,649 for the three months ended September 30, 2025, from $39,823 for the three months ended September 30, 2024. This increase was due to amortization expense associated with additional intangibles acquired with the asset acquisition of Sanzonate in April 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h4>Loss from Operations</h4><ul><li>Loss from operations increased to $8,236,841 for the three months ended September 30, 2025, from $816,748 for the three months ended September 30, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h3>Treasury Segment</h3><h4>Revenue</h4><ul><li>No revenue was generated by the Treasury segment for the three months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h4>Operating Expenses</h4><ul><li>General and administrative expenses for the Treasury segment were $3,233,030 for the three months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li><li>Advertising expenses for the Treasury segment were $32,000 for the three months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h4>Loss from Operations</h4><ul><li>Loss from operations for the Treasury segment was $4,901,134 for the three months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h3>Consolidated</h3><h4>Net Loss</h4><ul><li>Net loss increased to $13,367,699 for the three months ended September 30, 2025, from $856,082 for the three months ended September 30, 2024, an increase of $12,511,617, or 1,461.50%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>Net cash used in operating activities was $3,796,652 for the three months ended September 30, 2025, compared to $799,764 for the three months ended September 30, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li><li>Net cash used in investing activities was $142,511,738 for the three months ended September 30, 2025, compared to $6,465 for the three months ended September 30, 2024. This was primarily due to purchases of digital assets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li><li>Net cash provided by financing activities was $157,763,139 for the three months ended September 30, 2025, compared to $0 for the three months ended September 30, 2024. This was primarily due to proceeds from a private placement and the Sales Agreement.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><h4>Core Business Focus</h4><ul><li>The company is focused on expanding its distributor network, improving production processes, and proving the effectiveness of its products in various environments such as restaurants, airports, and hotels.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h4>Non-Core Business</h4><ul><li>The company has adopted a digital asset treasury strategy focused on Dogecoin, with a multiyear advisory and asset-management program to manage its treasury assets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul><h4>Priority</h4><ul><li>Despite recent offerings, management believes that currently available resources will not be sufficient to fund planned expenditures over the next 12 months, indicating a need for additional capital through equity and/or debt financing.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1956741/000121390025109642/ea0264475-10q_cleancore.htm"></span></li></ul>

Cleancore Solutions - B | 10-Q: FY2026 Q1 Revenue: USD 904.7 K