Realbotix Reports Financial Results for Q1-2026

Core Insights - Realbotix Corp. reported its financial results for Q1-2026, showing a net loss improvement and a significant decrease in revenue due to strategic shifts and market competition [1] Financial Highlights - Cash and cash receivable as of March 6, 2026, is approximately $8.6 million (CAD$11.8 million) with a monthly cash burn of $425,000 [1] - The company completed a private placement of 14 million units at CAD$0.50 per unit, raising CAD$7.0 million [1] - Net loss from continuing operations improved to $1.3 million from $1.7 million, attributed to reduced operating expenses and a one-time gain from debt repayment [1] - Operating expenses decreased to $1.7 million from $1.9 million due to streamlined operations [1] - Revenue for Q1 2026 was $353,037, down from $815,655 in Q1 2025, primarily due to the discontinuation of crypto staking revenues and increased competition [1] Corporate Treasury Update - Realbotix has sold all liquid cryptocurrency holdings to fund working capital and maintain sufficient fiat capital for operations [1] - The company has over 12 months of capital at its current operating budget, with potential for increased monthly burn if a visible return is anticipated [1] Upcoming Events - An investor call is scheduled for March 10, 2026, to discuss the financial results for YE-2025 and Q1-2026, hosted by CEO Andrew Kiguel [1]