REalloys Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on August 13, 2026, covering the period ended June 30, 2026, disclosing a net loss of $143,536 thousand for the six months ended June 30, 2026.

Key Highlights

  • Net loss for six months ended June 30, 2026: $143,536 thousand, compared to $3,943 thousand for the same period in 2025.
  • Net revenues for six months ended June 30, 2026: $1,510 thousand, up from $440 thousand for the same period in 2025.
  • General and administrative expenses: $121,432 thousand for the six months ended June 30, 2026, including stock-based compensation expense of $64,830 thousand recorded in the equity statement.
  • Total assets as of June 30, 2026: $209,772 thousand, compared to $93,389 thousand as of December 31, 2025.
  • Cash: $122,357 thousand as of June 30, 2026, up from $2,824 thousand as of December 31, 2025.
  • Common shares outstanding: 68,987,642 as of August 12, 2026, up from 49,293,557 as of December 31, 2025.
  • Accumulated deficit: $224,661 thousand as of June 30, 2026, compared to $81,125 thousand as of December 31, 2025.

REalloys Financial Position and Operating Results for the Six Months Ended June 30, 2026

REalloys Inc. (NASDAQ:ALOY), incorporated in Nevada and headquartered in Boca Raton, Florida, reported a net loss of $143,536 thousand for the six months ended June 30, 2026, compared to a net loss of $3,943 thousand for the same period in 2025, according to the filing. Basic and diluted net loss per share for the six-month period was $(2.49), versus $(0.11) for the same period in 2025, based on weighted-average shares of 57,704,321 and 36,965,956, respectively.

The filing disclosed that total operating expenses for the six months ended June 30, 2026 reached $125,971 thousand, driven primarily by general and administrative expenses of $121,432 thousand and advertising and marketing costs of $3,851 thousand. Net revenues were $1,510 thousand for the six-month period, compared to $440 thousand in the prior year period. Other expense items for the six months included impairment expense of $6,394 thousand and accretion of discount on issuance of Series C Preferred Stock of $9,220 thousand. The company also reported a change in fair value of contingent consideration of $3,439 thousand for the period.

On the balance sheet, total assets grew to $209,772 thousand as of June 30, 2026 from $93,389 thousand as of December 31, 2025, with cash increasing significantly to $122,357 thousand from $2,824 thousand. Total liabilities declined to $19,168 thousand from $56,049 thousand, reflecting the elimination of the contingent consideration liability and conversion of SAFE liabilities. Total stockholders' equity was reported at $190,604 thousand as of June 30, 2026. The filing noted that share and per share amounts have been retroactively restated to reflect the 0.4129 exchange ratio applied in the February 24, 2026 reverse recapitalization. Common shares issued and outstanding as of June 30, 2026 were 68,782,077, with 1,634,999 Series A preferred shares also outstanding at that date.

What Was Disclosed

REalloys Inc. disclosed its unaudited condensed consolidated financial results for the quarter and six months ended June 30, 2026, showing significantly increased revenues, a large net loss driven by general and administrative expenses, higher cash balances following equity issuances, and the impact of a February 2026 reverse recapitalization on share counts.