Revenue: As of FY2026 Q1, the actual value is USD 3.653 M.

EPS: As of FY2026 Q1, the actual value is USD -1.14.

EBIT: As of FY2026 Q1, the actual value is USD -2.656 M.

Segmented Financial Metrics (Three Months Ended March 31, 2026 vs. March 31, 2025)

Rimon Segment

• Revenue: $1,601 thousand (2026) vs. $0 (2025)
• Salaries and related compensation: -$215 thousand (2026)
• Depreciation: -$6 thousand (2026)
• Other costs (mainly materials): -$1,056 thousand (2026)
• Gross income: $325 thousand (2026) vs. $0 (2025)

ITS Segment

• Revenue: $1,403 thousand (2026) vs. $0 (2025)
• Salaries and related compensation: -$722 thousand (2026)
• Depreciation: -$134 thousand (2026)
• Other costs (mainly materials): -$759 thousand (2026)
• Gross loss: -$212 thousand (2026) vs. $0 (2025)

TILTAN Segment

• Revenue: $592 thousand (2026) vs. $0 (2025)
• Salaries and related compensation: -$164 thousand (2026)
• Depreciation and amortization: -$152 thousand (2026)
• Cost related to TILTAN (mainly lease expenses): -$33 thousand (2026)
• Gross income: $243 thousand (2026) vs. $0 (2025)

Other Reportable Segments

• Revenue: $57 thousand (2026) vs. $0 (2025)
• Cost related to other reportable segments: -$42 thousand (2026)
• Gross income: $15 thousand (2026) vs. $0 (2025)

Consolidated Operational Metrics (Three Months Ended March 31, 2026 vs. March 31, 2025)

Revenues

• 2026: $3,653,000
• 2025: $0

Operating Expenses

• 2026: -$4,182,000, including research and development expenses of -$274,000, selling and marketing expenses of -$157,000, general and administrative expenses of -$3,528,000 (comprising professional services of -$995,000, salaries and related compensation of -$1,263,000, and other general and administrative expenses of -$1,270,000), and general and administrative expenses of consolidated variable interest entities of -$223,000.
• 2025: -$1,507,107, comprising professional fees of -$1,187,000, compensation and benefits of -$33,000, and other general and administrative expenses of -$287,000.

Loss from Operations

• 2026: -$3,811,000
• 2025: -$1,507,000

Other Income (Expenses), Net

• 2026: -$22,398,000
• 2025: $104,648,000, with the decrease mainly attributable to a change in fair value of stock purchase warrant liabilities from $104,278,000 in 2025 to -$26,635,000 in 2026.

Net Income (Loss)

• 2026: -$26,351,000
• 2025: $102,958,000

Cash Flow (Three Months Ended March 31, 2026 vs. March 31, 2025)

Net Cash Used in Operating Activities

• 2026: -$4,927,000
• 2025: -$1,342,000

Net Cash Used in Investing Activities

• 2026: -$3,823,000
• 2025: -$810,000

Net Cash Provided by Financing Activities

• 2026: $12,476,000
• 2025: $0

Strategic Summary and Future Outlook

T3 Defense Inc. is transitioning from a financial technology services provider to an acquirer and operator of aerospace and defense businesses, focusing on mission-critical suppliers with dual-use technologies, advanced AI, and critical manufacturing capabilities across the US, Israel, and Europe. To address negative working capital and operating losses, management plans to utilize existing cash, an Equity Line of Credit, cash-positive operations from subsidiaries, and pursue expanded bank credit facilities, alongside potential equity issuance and proceeds from the recent sale of Zorro Net Ltd. The company also received a Nasdaq non-compliance notice for its minimum bid price and intends to monitor its stock price, considering options like a reverse stock split to regain compliance by November 2, 2026.