Public Co Management Posts $17,023 Net Loss in Q1 2026 as Cash Drops 69%

Public Co Management Corp reported a net loss of $17,023 for the three months ending December 31, narrowing 16% from a $20,337 loss in the same quarter a year earlier. The Nevada-incorporated company's operating loss shrank to $16,350 from $17,712 year-over-year. Read more earnings reports.

Cash and restricted cash fell sharply to $71,555 as of December 31, down 69% from $234,405 at the end of the prior quarter and down 6% from $76,180 a year earlier. Operating activities consumed $32,850 in cash during the quarter, compared with $23,855 in the year-ago period. Investing activities used an additional $130,000.

Total assets stood at $256,744 as of December 31, down from $267,642 at September 30. All assets were classified as current. Total liabilities climbed to $480,928 from $474,803 at the prior quarter-end, leaving stockholders' equity at negative $224,184 compared with negative $207,161 three months earlier.

The company's accumulated deficit deepened to $5.75 million from $5.74 million at September 30. Operating expenses declined slightly to $16,350 from $17,712 in the year-ago quarter. Interest expense held steady at $2,625 for both the current and prior-year periods.

Public Co Management operates as a non-accelerated filer and qualifies as a small business. The company reported 34.3 million common shares outstanding at quarter-end, unchanged from the prior quarter. Loss per share remained at less than one cent on both a basic and diluted basis.