First Breach, Inc. Q2 2026: Revenue $95.35K, EPS $(0.26) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.First Breach, Inc. reported Q2 2026 results with revenue of $95.35K, essentially flat year-over-year, but a widened net loss of $13.88M and diluted EPS of $(0.26). While H1 revenue grew 226% due to strategic product shifts, the company is expanding distribution channels, investing in new inspection equipment, and launching custom ammunition components. Additionally, UAS development has begun via a joint venture for FPV drone prototypes.
First Breach, Inc. reported results for the second quarter of 2026 with essentially flat revenue year-over-year but a wider net loss versus the prior-year quarter. Revenue held at $95.35K, while the company recorded a net loss of $13.88M and diluted loss per share of $(0.26).
Financial Highlights
- Revenue: $95.35K for Q2 2026, essentially flat versus $95.22K in the year-ago quarter (0.1% YoY).
- Net income: Net loss $13.88M for Q2 2026 versus net loss $2.24M in the year-ago quarter (wider loss YoY).
- Diluted EPS: $(0.26) for Q2 2026 versus $(0.06) in the year-ago quarter (more negative YoY).
Business Highlights
- Revenue growth for the first six months rose 226% year-over-year, driven by a strategic shift in core product offerings.
- Management is expanding distributor and e-commerce channels to diversify sales and build a broader customer pipeline.
- Investments in product quality include new inspection equipment and the launch of match-grade ammunition components with custom options.
- UAS development began via a joint venture, First Forge and MSA, to build two Class 1 FPV drone prototypes.
- Operational scaling efforts focus on sales hiring and pipeline development while evaluating strategic initiatives to support growth.
Original SEC Filing: First Breach, Inc. [ FBDT ] - 10-Q - Aug. 28, 2026