MGT Capital Q2 FY26 net loss widens to $2.96 million; revenue holds at no revenue

• MGT Capital posted a GAAP net loss of $2.96 million for the six months ended June 30, 2026, with cash used in operations of $531,000.
• Revenue was flat at no revenue for the quarter, with cost of revenue dropping to $0 from $11,000 a year earlier.
• General and administrative expense fell 15% to $149,000, reflecting lower audit, legal and consulting costs, partly offset by higher insurance and payroll fees.
• Liquidity remained tight, with cash and cash equivalents of $232,000 and a working capital deficit of $461,000, prompting a going-concern warning.
• The company issued 3,250,000 shares of Series E Convertible Preferred Stock and 750,131,126 common shares to exchange $1.22 million of secured convertible notes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MGT Capital Investments Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-036523), on August 07, 2026, and is solely responsible for the information contained therein.