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NaturalShrimp Incorporated reported a net loss of $2.8 million for Q1 2026 (period ending June 30, 2025), with net revenue of only $2K. The company generated $37K in sales but incurred $35K in cost of sales, resulting in minimal gross profit. Operating expenses totaled $2.1 million, primarily driven by general and administrative costs of $1.1 million, depreciation of $435K, and amortization of $368K. Other expenses included a $720K unfavorable change in fair value of restructured notes payable. Cash flow from operations was negative $806K, partially offset by $686K in financing activities from stock and preferred share sales, leaving cash at period end at $116K. No prior period comparisons are provided in the filing.
EPS
$0
Revenue
$2K
Net Income
-$2.8M
Gross Margin
5.4%
Gross Profit
$2K