Beeline

Q2 FY2026 EarningsQ2 FY26 missed consensus revenue expectations significantly, reporting $2.63M vs. $5.87M expected, despite an 89% YoY growth in gain on sale of loans. Normalized EPS of -$0.13 was wider than the -$0.05 mean estimate, primarily due to a 43% YoY surge in compensation and benefits following the adoption of the 2025 Equity Incentive Plan. Management issued a going concern warning and a non-binding LOI to merge with TYTL Corp, signaling a strategic pivot toward blockchain-based real estate tokenization as organic cash reserves dwindle to $1.4M.