Neolara Corp. Posts $73,621 Net Loss in Q1 FY2026 as Operating Expenses Surge

Neolara Corp., a Wyoming-incorporated company, reported a net loss of $73,621 for the three months ending September 30, 2025, a sixteen-fold increase from the $4,586 loss recorded in the same quarter of the prior year. The company generated no revenue during the period. Read more earnings reports.

Operating expenses climbed to $73,621 for the quarter, compared to $4,586 in the year-ago period. The company reported zero revenue for both the current and prior-year quarters.

The company's balance sheet showed total assets falling to zero as of September 30, 2025, down from $67,469 at the end of the previous quarter on June 30, 2025. Cash and cash equivalents also dropped to zero from $1,034 at the prior quarter end.

Intangible assets, which stood at $46,750 as of June 30, 2025, were reduced to zero by the end of September. Total liabilities decreased to $2,051 from $90,812 over the same period, while accounts payable increased to $1,954 from $99.

Stockholders' equity remained negative at $2,051 as of September 30, 2025, an improvement from the negative $23,343 position at June 30, 2025. The company's accumulated deficit widened to $132,474 from $58,853 over the quarter.

Cash used in operations totaled $5,331 for the quarter, an improvement from the $23,898 used in the year-ago period. The company received $4,297 from financing activities during the quarter, compared to zero in the prior-year period.

The company reported a basic and diluted loss per share of $0.02 for the quarter, compared to $0.00 per share in the same period last year. Weighted average shares outstanding remained essentially flat at 3,178,064 shares.

Financial Summary