Core Viewpoint - Edgewater Wireless Systems Inc. reported its financial results for Q1 FY2026, highlighting progress in its Spectrum Slicing technology, securing non-dilutive funding, and enhancing capital structure flexibility [1][4]. Financial Summary - As of July 31, 2025, Edgewater reported cash of C$622,753, with current assets of C$909,936 and current liabilities of C$1,623,803, resulting in a working capital deficiency [4]. - The company recorded a net loss of C$359,956 for the quarter, with a basic and diluted loss per share of C$0.002, driven by operating expenses of C$359,736 [4][6]. Business Highlights - The company executed a capital-efficient plan focusing on its Spectrum Slicing silicon/IP strategy and strengthening ecosystem engagement [2]. - Edgewater received approximately C$921,000 from the FABrIC program, contributing to a C$2.4 million development project [5]. - The company completed the packaging of its RF front-end and initiated prototyping of an Arm-powered AI subsystem [5]. Capital Structure and Funding - Edgewater received TSXV approval to extend the maturity of its 2022 unsecured convertible debentures from September 1, 2025, to September 1, 2027, with an acceleration provision if the VWAP reaches C$0.18 for 10 consecutive trading days [5]. Outlook and Priorities - The company aims to commercialize Spectrum Slicing through silicon/IP licensing and reference designs, with near-term priorities including advancing baseband and AI subsystems and deepening service-provider engagements [7].