WeWards Posts $437,746 Net Loss Through Q3 2026 on Zero Revenue
WeWards, Inc., a Nevada-incorporated company, reported a net loss of $437,746 for the nine months ending February 28, 2026, essentially flat compared to a $437,848 loss in the prior-year period. The company generated no revenue in either period.
WeWards, Inc., a Nevada-incorporated company, reported a net loss of $437,746 for the nine months ending February 28, 2026, essentially unchanged from a net loss of $437,848 in the same period a year earlier. The company reported no revenue for the quarter or the nine-month period. Read more earnings reports.
For the three months ending February 28, 2026, the net loss totaled $139,114, compared to $138,291 in the year-ago quarter. Operating expenses for the latest quarter came in at $14,393, up from $13,666 a year earlier.
Interest expense remained unchanged at $392,671 for the nine-month period in both fiscal 2026 and fiscal 2025. Operating expenses for the nine months totaled $59,625, down slightly from $59,783 in the prior-year period.
The company's balance sheet showed total assets of $648,577 as of February 28, 2026, down from $693,777 at the end of fiscal 2025 on May 31, 2025. Cash and cash equivalents declined to $648,052 from $693,290 over the same span.
Total liabilities increased to $14.94 million as of February 28, 2026, up from $14.55 million at the end of fiscal 2025. Stockholders' deficit widened to $14.29 million from $13.85 million, reflecting the accumulated losses. Retained deficit stood at $19.56 million as of the latest quarter-end.
Cash used in operations for the nine months was $45,238, an improvement from $46,352 in the prior-year period. The company had 107.5 million common shares outstanding at the end of the period, unchanged from the prior fiscal year-end.
Accounts payable stood at $200 as of February 28, 2026, down from $325 at the end of fiscal 2025. Current liabilities totaled $4.44 million, up from $4.05 million.
Financial Summary
| Metric | Q3 2026 (Three Months) | Q3 2025 (Three Months) | Nine Months 2026 | Nine Months 2025 |
|---|---|---|---|---|
| Total Revenue | $0 | $0 | $0 | $0 |
| Operating Expenses | $14,393 | $13,666 | $59,625 | $59,783 |
| Operating Loss | ($14,393) | ($13,666) | ($59,625) | ($59,783) |
| Interest Expense | — | — | $392,671 | $392,671 |
| Net Loss | ($139,114) | ($138,291) | ($437,746) | ($437,848) |
| Cash from Operations | — | — | ($45,238) | ($46,352) |
Balance Sheet Highlights
| Item | February 28, 2026 | May 31, 2025 |
|---|---|---|
| Total Assets | $648,577 | $693,777 |
| Cash & Cash Equivalents | $648,052 | $693,290 |
| Total Liabilities | $14,938,777 | $14,546,231 |
| Stockholders' Deficit | ($14,290,200) | ($13,852,454) |
| Common Shares Outstanding | 107,483,450 | 107,483,450 |