Amesite FY26 net loss narrows to $3.1 million; revenue more than doubled to $364,777
Bitget2026/09/23 20:59- Amesite posted a net loss of USD 3.1 million for fiscal 2026, narrowing from a net loss of USD 3.62 million.
- Revenue more than doubled to USD 364,777 from USD 110,459, mainly from B2B license fees tied to the NurseMagic app.
- General and administrative expense was USD 2.51 million, little changed from USD 2.48 million.
- Technology and content development expense fell 11.22% to USD 613,578, while sales and marketing expense dropped 29.54% to USD 384,041.
- Cash totaled USD 2.4 million at June 30, 2026, and management said conditions raise substantial doubt about going concern.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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