Hypha Labs Narrows Q1 2026 Net Loss to $521,638 as Operating Expenses Drop 64%

Hypha Labs, Inc. reported a net loss of $521,638 for the three months ending December 31, 2025, down 61% from a loss of $1.34 million in the same quarter a year earlier. The Nevada-based company cut operating expenses to $475,020 from $1.31 million in the prior-year quarter, a 64% reduction. Read more earnings reports.

The company burned $150,248 in cash from operations during the quarter, compared to $7,952 used in the year-ago period. Hypha Labs raised $154,984 through financing activities, reversing a $44,900 cash outflow from financing in last year's first quarter.

Total assets declined to $391,601 as of December 31 from $409,218 at the end of the prior quarter in September. Current assets slipped to $314,590 from $320,531 over the same period. Property, plant and equipment stood at $60,484, down from $62,507.

Liabilities climbed to $2.74 million from $2.51 million at September 30. Current liabilities increased to $1.32 million from $1.12 million, driven by accounts payable rising to $546,873 from $472,551. The company carried accrued liabilities of $32,500.

Stockholders' deficit widened to $2.69 million from $2.44 million three months earlier. The accumulated deficit reached $24.17 million compared to $23.65 million at September 30. Additional paid-in capital increased to $21.33 million from $21.06 million.

Common shares outstanding rose to 155.52 million from 147.12 million during the quarter. The weighted average share count for the period was 151.71 million compared to 124.62 million in the prior-year quarter.