Hawkeye Systems Net Loss Narrows to $209K in H1 FY2026

Hawkeye Systems reported no revenue for the six months ending December 31, 2025, while posting a net loss of $209,348, a 14% improvement from the $244,395 loss recorded in the same period of fiscal 2025. Operating expenses for the period totaled $71,404, down 41% from $120,251 a year earlier. Read more earnings reports.

For the three months ending December 31, 2025, the company's net loss widened to $107,815 from $87,675 in the prior-year quarter, even as operating expenses rose to $37,897 from $24,705. The discrepancy between operating loss and net loss suggests additional non-operating charges that expanded the bottom-line deficit.

Cash flow from operations remained negative at $88,703 for the six-month period, though this represented a 26% improvement from the $119,263 outflow a year earlier. The company deployed $10,000 in investing activities during the period while raising $98,368 through financing activities. Cash and restricted cash stood at just $167 as of December 31, 2025, down from $502 six months earlier.

Total liabilities climbed to $3.25 million as of December 31, 2025, up from $3.14 million at the end of June 2025. Current liabilities rose to $2.81 million from $2.69 million over the same period. The company's stockholders' deficit deepened to $3.18 million from $3.08 million, with retained deficit expanding to $13.42 million.

The company issued 1 million new common shares during the six-month period, increasing shares outstanding to 9.71 million from 8.71 million as of June 30, 2025. Diluted loss per share for the half-year period was $0.02, compared to $0.03 in the prior year.

Financial Summary