Centaurus Energy management commentary attributes higher nine-month 2026 G&A expenses to compensation adjustments, director fees
Bitget2026/11/10 10:04- Centaurus Energy's management commentary reported third-quarter 2026 net income of USD 108,000, up from USD 31,000 a year earlier.
- Nine-month net income reached USD 2.75 million, compared with a USD 52,000 loss a year earlier.
- Management attributed higher administrative expenses primarily to retroactive compensation adjustments under David Tawil's renegotiated contract and the introduction of director fees.
- Investment losses included a USD 42,000 realized loss on Ether sales, according to management.
- The working capital deficit narrowed to USD 1.4 million from USD 4.8 million at December 31, 2025; cash totaled USD 6,000.
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