Core Insights - Netcapital Inc. reported its financial results for the second quarter of fiscal 2026, highlighting a significant decrease in total revenues compared to the previous year, primarily due to lower funding portal activity [3][9] - The company is expanding its offerings to include cryptocurrency and blockchain financing, aiming to attract new clients and diversify its revenue streams [2][8] - A recent strategic acquisition of Rivetz Corp. is expected to enhance Netcapital's capabilities in the blockchain space, positioning the company for future growth in the tokenized asset market [2][4] Financial Highlights - Total revenues for the second quarter were $51,076, down from $170,528 in the same quarter last year, reflecting a decrease of approximately 70% [9][14] - The operating loss was reported at $2,119,457, slightly improved from a loss of $2,202,431 in the prior-year quarter [9][14] - The net loss per share was ($0.44), compared to ($2.34) in the same period last year, indicating a significant reduction in losses [9][14] Balance Sheet Overview - As of October 31, 2025, cash and cash equivalents increased to $1,684,188 from $289,428 at April 30, 2025 [12] - Total assets rose to $25,439,398 from $20,901,491, indicating a growth in the company's asset base [12][13] - Total liabilities decreased to $4,002,600 from $5,995,767, reflecting improved financial health [12][13] Strategic Initiatives - The company plans to enhance its platform to facilitate online capital raising for private companies through cryptocurrency and blockchain financing [2][8] - The acquisition of Rivetz Corp. is aimed at integrating hardware-based cybersecurity with blockchain services, which is expected to drive long-term growth [4][2]