SafeSpace Global Corporation Reports Q2 Fiscal 2026 Financial Results; Company Transitions from Pre-Revenue to Revenue-Generating Stage, Expands Footprint with Nashville Office, and Initiates Steps Toward National Exchange Uplisting

Core Insights - SafeSpace Global Corporation has entered a revenue-generating phase after successfully deploying AI safety solutions across its first core vertical, marking a significant operational milestone [5][8] - The company has opened a new office in Nashville, Tennessee, to support its scaling partnerships and geographic growth [10][11] - SafeSpace is pursuing a national stock exchange uplisting to broaden investor access and enhance its capital markets profile [11] Financial Highlights - As of January 31, 2026, the company reported total assets of $5.65 million and working capital of $3.6 million, with zero debt [3][6] - Total operating expenses for Q2 FY2026 decreased by 7% year-over-year to $1.16 million, indicating early-stage cost discipline [5] - The company generated $109,130 in interest income for the six-month period, reflecting prudent cash management [5][13] Operational Developments - SafeSpace has executed a deliberate build-out strategy across four key verticals, utilizing its proprietary multimodal AI monitoring and safety platform [8][9] - The company has significantly increased its intangible assets to $1.26 million, driven by investments in technology and patents [5] - Capital expenditures for the six months ended January 31, 2026, amounted to $1.24 million, focused on building commercial infrastructure [7] Shareholder and Market Position - The company has initiated the process for shareholder approval related to its corporate governance requirements for uplisting to a national exchange [11] - As of March 12, 2026, there are 189.4 million shares outstanding, reflecting the company's capital structure [5][13] - The net loss for the six months ended January 31, 2026, was $(2.74 million), with a net loss per share of $(0.01) [13]