SolarWindow Technologies Net Loss Narrows to $1.16M in H1 FY2026

SolarWindow Technologies Inc. (OTC: WNDW), a developer of transparent solar coating technology, reported a net loss of $1.16 million for the six months ending February 28, 2026, compared to a loss of $1.21 million in the same period a year earlier. The company generated no revenue during either period. Read more earnings reports.

Operating expenses declined to $1.24 million from $1.26 million year-over-year. Research and development spending edged up to $319,486 from $310,514, while selling, general and administrative costs fell to $917,648 from $953,644.

For the three months ending February 28, 2026, the net loss totaled $589,420, down from $654,087 in the prior-year quarter. Operating expenses for the quarter dropped to $623,946 from $669,027.

Cash and cash equivalents stood at $5.39 million as of February 28, 2026, down from $6.56 million six months prior. The company burned $1.13 million in operating cash during the first half of fiscal 2026, compared to $451,926 in the same period of fiscal 2025. Cash used in investing activities totaled $29,864, a sharp reversal from $3.0 million in cash from investing in the year-ago period.

Total assets fell to $5.57 million from $6.65 million at the end of August 2025. Current liabilities rose to $278,389 from $194,175 over the same span. Stockholders' equity declined to $5.29 million from $6.45 million.

The company's accumulated deficit widened to $82.25 million as of February 28, 2026, from $81.09 million six months earlier. Loss per share remained at $0.02 for the six-month period, matching the prior year, based on 65.78 million weighted average shares outstanding.

Property, plant and equipment increased to $64,167 from $43,089 over the six-month period. The company recorded $8,786 in depreciation and amortization for the first half of fiscal 2026, up from $3,146 in the comparable prior-year period.