Revenue: As of FY2026 Q1, the actual value is USD 80.69 K.EPS: As of FY2026 Q1, the actual value is USD -0.17.EBIT: As of FY2026 Q1, the actual value is USD -2.35 M.<h3>Segment Revenue</h3><ul><li>Scientific Software Products and Services: Revenue for the three months ended September 30, 2025, was $80,691, compared to $nil for the corresponding period in 2024. This increase was due to the consolidation of the newly acquired subsidiary, Grafiti Limited, which generates revenue from providing scientific software products and services.</li></ul><h3>Operational Metrics</h3><ul><li>Gross Profit: For the three months ended September 30, 2025, gross profit was $40,346, resulting in a gross profit margin of 50%.</li><li>Operating Expenses: Total operating expenses for the three months ended September 30, 2025, were $2,866,357, compared to $1,899,941 for the same period in 2024. This increase was primarily due to higher research and development expenses and general and administrative expenses.</li><li>Net Loss: The net loss for the three months ended September 30, 2025, was $3,302,459, compared to a net loss of $7,412,175 for the same period in 2024. The decrease in net loss is mainly due to the absence of fair value loss recognized in 2025, compared to a fair value loss of $4,657,388 in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Cash Used in Operating Activities: For the three months ended September 30, 2025, cash used in operating activities was $1,759,059, compared with $2,160,571 for the same period in 2024. The decrease was due to a positive impact from changes in working capital and a decrease in interest payments.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Damon Motors is focused on commercializing smart and technologically advanced motorcycles and other personal mobility products with zero emissions. The company is developing the HyperDrive platform and the HyperSport motorcycle, with commercial production expected after passing various tests and certifications.</li><li>Non-Core Business: The company is also exploring opportunities to expand its capabilities in safety, security, AI, augmented reality, and virtual reality, and may consider strategic partnerships or acquisitions to enhance its offerings.</li><li>Tier II Regulation A Offering: The company commenced a Tier II Regulation A offering to raise up to $30 million, which will support its growth and development plans.</li></ul>

DAMON INC | 10-Q: FY2026 Q1 Revenue: USD 80.69 K