Blue Line net loss narrows 23.44% to $81,256 in FY26
Bitget2026/09/28 17:29- Blue Line Holdings posted a net loss of $81,256 for fiscal 2026, narrowing 23.43% from a year earlier.
- Revenue remained at no revenue, while operating expenses fell 32.86% to $71,256.
- Professional fees declined to $32,325, while transfer agent and filing fees climbed to $38,546.
- Cash was $2,180 at June 30, 2026, down from $8,816, with a working capital deficit of $83,562.
- Substantial doubt was raised about going concern; the company cited reliance on additional capital and future licensing revenue.
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