Neonc Tech

Q2 FY2026 EarningsQ2 FY26 results missed consensus significantly on the bottom line, with a GAAP net loss of $14.24M versus the $3.06M expected. The deviation was primarily driven by a surge in non-cash stock-based compensation ($5.65M) following accelerated vesting and $3.59M in related-party advisory fees. Diluted EPS of -$0.58 missed the -$0.11 consensus by $0.47. Management reiterated "going concern" substantial doubt as cash reserves of $1.97M remain thin despite recent PIPE and Series A Preferred financing.