Artisan Consumer Goods Posts $24,972 Net Loss in H1 FY2026
Artisan Consumer Goods reported a net loss of $24,972 for the six months ending December 31, 2025, more than doubling the $11,020 loss from the prior-year period. Operating expenses surged 75% as the Nevada-based company burned through cash.
Artisan Consumer Goods reported a net loss of $24,972 for the six months ending December 31, 2025, compared to a loss of $11,020 in the same period a year earlier. The Nevada-based consumer goods company generated no revenue during either period. Read more earnings reports.
Operating expenses climbed to $24,644 for the six-month period, up 75% from $14,092 in the prior year. For the three months ending December 31, 2025, operating expenses reached $4,062, more than double the $1,898 reported in the same quarter of 2024.
The company's balance sheet showed total assets of $6,213 as of December 31, 2025, down from $9,870 six months earlier. Cash and restricted cash stood at $1,463, up slightly from $1,370 at the end of June 2025 but above the $438 reported a year earlier.
Current liabilities increased to $356,915 as of December 31, 2025, from $336,615 at mid-year. Accounts payable rose to $42,800 from $33,850 over the same period.
Total stockholders' deficit widened to $350,702 as of December 31, 2025, compared to a deficit of $326,745 six months prior. The company held 4.4 million shares outstanding with retained losses of $19.35 million.
Cash used in operations totaled $10,930 for the six-month period, a slight improvement from $11,357 in the prior year. The company raised $11,023 from financing activities during the period, compared to $10,000 a year earlier.
Financial Summary
| Metric | H1 FY2026 | H1 FY2025 |
|---|---|---|
| Net Loss | $24,972 | $11,020 |
| Operating Expenses | $24,644 | $14,092 |
| Cash from Operations | ($10,930) | ($11,357) |
| Total Assets | $6,213 | N/A |
| Cash Balance | $1,463 | $438 |
| Stockholders' Deficit | ($350,702) | ($288,293) |