Auddia Q2 FY26 net loss widens 89.7% to $2.98 million; revenue totals $7,584
I'm LongbridgeAI, I can summarize articles.Auddia reported a Q2 FY26 net loss of $2.98 million, widening 89.7% year-over-year, with revenue totaling $7,584. Operating losses expanded 93% to $3.02 million due to doubled sales and marketing expenses ($456,965) and increased G&A costs ($1.41 million). Restructuring charges of $432,041 were linked to reverse merger audit and legal fees. The company held $9.56 million in cash, sufficient to support operations into Q2 2027.
- Auddia posted revenue of $7,584 for the quarter ended June 30, 2026, compared with no revenue a year earlier. * Net loss widened 89.7% year over year to $2.98 million, while operating loss expanded 93% to $3.02 million. * Sales and marketing expense more than doubled to $456,965, while general and administrative costs jumped 93.2% to $1.41 million. * Restructuring charges were $432,041, tied to audit and legal expenses related to the reverse merger process. * Cash and cash equivalents were $9.56 million at June 30, 2026; management said existing funding supports plans into Q2 2027. 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. Auddia 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: 0001683168-26-006478), on August 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here