DevvStream

Q3 FY2026 EarningsQ3 FY26 net loss expanded to $6.2M vs $3.5M net income YoY, primarily driven by $3.6M in inducement expenses from loan conversions and a $1.2M default penalty on convertible debt. Nine-month revenue remained negligible at $8.9K. Working capital deficit reached $16.9M with cash dwindling to $0.2M, triggering a 'going concern' warning. The company entered a three-party merger agreement with XCF Global and Southern Energy to pivot toward Sustainable Aviation Fuel (SAF).