10-Q - C2 Blockchain, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

C2 Blockchain, Inc. reported a net loss of $87K for Q2 2026 (period ending December 31, 2025), an improvement from the operating loss of $163K, driven by a $75K gain in other income. Total revenue was minimal at $44, consisting solely of staking rewards. The company's financial position shows a stockholders' deficit of $441K, with total assets of $660K heavily weighted toward intangible cryptocurrency assets valued at $597K. Cash flow was negative from operations and investing activities at -$453K and -$1.7M respectively, primarily due to cryptocurrency purchases, but financing activities provided $2.2M from equity sales and convertible notes. The company ended the quarter with a cash balance of $9.

Key Takeaways

1Reported a net loss of $87K, with minimal revenue of $44 from staking rewards.

2Total assets of $660K include $597K in intangible cryptocurrency assets.

3Stockholders' equity shows a deficit of $441K as of December 31, 2025.

4Cash flow from financing activities was $2.2M, primarily from equity sales.

5Ending cash balance was $9, with a net change in cash of $1K for the quarter.

Key Financial Metrics

EPS

Revenue

$44

Net Income

-$87K

Operating Income

-$163K