--- title: "Functional Brands | 8-K: FY2026 Q2 Revenue: USD 1.871 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/296140789.md" datetime: "2026-08-17T20:04:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296140789.md) - [en](https://longbridge.com/en/news/296140789.md) - [zh-HK](https://longbridge.com/zh-HK/news/296140789.md) generator: "portal-rs" --- # Functional Brands | 8-K: FY2026 Q2 Revenue: USD 1.871 M Revenue: As of FY2026 Q2, the actual value is USD 1.871 M. EPS: As of FY2026 Q2, the actual value is USD -0.06. EBIT: As of FY2026 Q2, the actual value is USD -2.537 M. ### Second Quarter 2026 Financial Highlights #### Revenue Functional Brands Inc. reported revenue of $1.87 million for the second quarter ended June 30, 2026, an increase of 2% from $1.83 million in the prior year period, driven by continued demand from direct-to-consumer sales and contract manufacturing sales. #### Gross Profit and Margin Gross profit increased to $1.12 million from $0.97 million in the prior year period. Gross margin expanded by approximately 710 basis points to 59.9%. #### Operating Loss Operating loss widened to - $1.3 million from - $0.16 million in the prior year period, primarily due to increased general and administrative costs, including professional fees and public-company related expenses. #### Net Loss Net loss for the second quarter was - $2.6 million, compared to a net loss of - $0.2 million in the prior year period. ### Six Months Ended June 30, 2026 Financial Highlights #### Revenue Net revenue for the six months ended June 30, 2026, was $3,516,072, an increase of approximately 3% compared to $3,422,788 for the same period in 2025. #### Gross Profit and Margin Gross profit for the six months ended June 30, 2026, was $2,081,474, compared to $1,834,859 for the same period in 2025. Gross margin increased approximately 560 basis points to 59.2%. #### Operating Expenses Sales and marketing expenses for the six months ended June 30, 2026, rose to $604,091 from $343,669 in the prior year, an increase of approximately 76%. General and administrative expenses for the six months ended June 30, 2026, increased by approximately 107% to $3,480,586 from $1,678,727 in the prior year period. #### Operating Loss Operating loss for the six months ended June 30, 2026, was - $2,003,203, compared to - $187,537 for the same period in 2025. #### Other Income / (Expense) Total other expense for the six months ended June 30, 2026, was - $7,618,134, primarily reflecting a - $6,310,464 non-cash loss on the issuance of preferred stock. #### Net Loss Net loss for the six months ended June 30, 2026, was - $9,621,337, including a - $6.3 million non-cash charge related to the first quarter 2026 preferred stock exchange, compared to a net loss of - $352,838 in the prior year period. #### Liquidity and Going Concern As of June 30, 2026, Functional Brands Inc. had cash of $352,142, a working capital deficit of - $2,903,380, and an accumulated deficit of - $16,679,712. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. #### Cash Flows from Operating Activities Net cash used in operating activities for the six months ended June 30, 2026, was - $943,457, a change from $647,757 provided by operating activities in the same period of 2025. #### Cash Flows from Financing Activities Net cash used in financing activities for the six months ended June 30, 2026, was - $1,431,097, compared to - $601,717 in the same period of 2025. #### Cash, End of Period Cash at the end of the period on June 30, 2026, was $352,142, a decrease from $2,726,696 at the beginning of the period. ### Outlook Functional Brands Inc. acknowledges challenges including the termination of the BullionFX letter of intent and increased public company operating costs. The company’s current focus is on strengthening its balance sheet, managing its cost structure, and executing on its core nutraceutical business. Management believes existing cash balances, combined with future capital raises and product sales, will be necessary to fund ongoing operations. ### Related Stocks - [MEHA.US](https://longbridge.com/en/quote/MEHA.US.md) ## Related News & Research - [Cemat publishes H1 2026 interim report](https://longbridge.com/en/news/297006906.md) - [JOYY beats top-line and bottom-line estimates; gives FY 2026 outlook](https://longbridge.com/en/news/296985959.md) - [SoftwareOne attaches full H1 2026 report in correction to earlier release](https://longbridge.com/en/news/297010247.md) - [Ameriprise Financial declares Q3 2026 dividend of R$ 1.48 per unit](https://longbridge.com/en/news/297021432.md) - [Equifax declares Q3 2026 distribution of R$ 2.02 per unit, payable Sept. 22](https://longbridge.com/en/news/296941296.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**