Communication Services Earnings Report — 2026-09-04 to 2026-10-19

25 most recent Communication Services earnings

1. Oct 14, 2026, 9:00 AM ET·LBTYA·Communication Services

   Liberty Global — Q3 2026 Earnings Summary

   LIBERTY GLOBAL LTD

   Liberty Global reported aggregate revenue of $22 billion for the quarter, including $13 billion from nonconsolidated VMO2 and $9 billion from consolidated operations, as VodafoneZiggo was consolidated starting July 2026. The company secured EU Commission clearance for the €669 million sale of VodafoneZiggo's passive tower assets to DigitalBridge, TD Greystone Infrastructure, and L&G, with proceeds designated for de-leveraging and a target of €1.2–1.4 billion in total non-core disposals. VodafoneZiggo achieved its best broadband net adds performance since 2019 and completed a DOCSIS 4 network upgrade in 18 months, enabling internet speeds up to 8Gbps in the Netherlands. Management targets closing the tower sale by year-end 2026 and plans to list the Ziggo Group in Amsterdam in mid-2027, aiming to generate free cash flow ahead of the spin-off.

2. Sep 28, 2026, 4:31 PM ET·IDT·Communication Services

   IDT Corporation — Fiscal Year 2026 Earnings Summary

   IDT CORP

   Consolidated revenue grew 7% YoY to $339.0 million in 4Q26 and 5% to $1,298.0 million for full-year 2026; net income attributable to IDT rose 29% to $21.7 million in 4Q26 and 14% to $86.6 million for the full year, while GAAP diluted EPS increased to $0.87 and $3.46 respectively. The company provided fiscal 2027 guidance anticipating consolidated gross profit growth of double digits ($545M–$555M) and Adjusted EBITDA between $176M and $180M, driven by growth across all operating segments including net2phone's expected surpass of the $100M ARR milestone. Strategic progress includes NRS achieving a 'Rule of 40' score of 60, BOSS Money remittances exceeding a 30 million annual transaction run-rate, and the launch of new digital integrations for net2phone, BOSS Money, and NRS, alongside a debt-free balance sheet holding $271.9 million in unrestricted cash. Capital return initiatives included $21.0 million in share repurchases and $2.0 million in 4Q26, plus a declared quarterly cash dividend of $0.07 per share, while corporate Adjusted EBITDA declined to ($10.8) million for the full year due to working capital movements and traditional communications margin compression.

3. Sep 17, 2026, 5:01 PM ET·UPXI·Communication Services

   Upexi — Fiscal Year 2026 Earnings Summary

   UPEXI INC

   Total revenue increased 58% year-over-year to $25.0 million, driven by $17.4 million in digital asset staking income, though net loss widened to $246.1 million from $13.7 million due to $195.1 million in unrealized digital asset losses. The company achieved a 94% increase in cash balances to $5.8 million and retired $19.5 million of secured convertible debt, while total stockholders' equity turned negative to $(53.8) million. Management confirmed an efficiency initiative will result in staking revenue exceeding ongoing cash operating expenses starting in the current quarter, with 95% of Solana holdings staked. Subsequent to fiscal year-end, the company amended its BitGo credit facility to lower the interest rate to 7.5% and issued 2.5 million shares via its at-the-market program for $2.5 million in gross proceeds.

4. Sep 14, 2026, 4:13 PM ET·PLAY·Communication Services

   Dave & Buster's — Q2 2026 Earnings Summary

   DAVE & BUSTER'S ENTERTAINMENT INC

   Revenue declined 2.4% year-over-year to $544.1 million, while comparable store sales fell 2.9%, resulting in a net loss of $12.5 million compared to net income of $11.4 million in the prior year quarter. Adjusted EBITDA decreased to $98.9 million from $129.8 million, though adjusted free cash flow turned positive at $19.5 million for the six-month period, contrasting with a negative $36.5 million in the prior year. The company opened six new domestic stores and operates 250 company-owned locations, with food and beverage revenue rising 9.7% to $211.5 million while entertainment revenue dropped 8.8% to $332.6 million. Management reaffirmed confidence in its "Back-to-Basics" strategy, citing improved same-store sales trends in July and the third quarter, with plans to complete eight total remodels and open at least one international franchise store for the remainder of fiscal 2026. Financial position includes $492.1 million in available liquidity and a Net Total Leverage Ratio of 3.5x, though the company faces risks related to substantial indebtedness and debt covenants.

5. Sep 10, 2026, 5:27 PM ET·AENT·Communication Services

   Alliance Entertainment — Fiscal 2026 Earnings Summary

   ALLIANCE ENTERTAINMENT HOLDING CORP

   Net revenues grew 8% year-over-year to $1.149 billion, while adjusted EBITDA and adjusted net income rose 14% and 24% respectively to $41.5 million and $23.4 million; however, GAAP operating income and net income declined due to a $7.8 million non-cash write-off and higher SG&A expenses. All major product lines delivered double-digit growth, with collectibles up 45%, CDs up 25%, and physical movies up 22%, supported by expanded studio relationships including Amazon MGM Studios. Strategic initiatives included the integration of Endstate for digital authentication, capacity expansion of the AutoStore system to 57,000 totes, and a 28% reduction in interest expense following refinancing. Management targets fiscal 2027 for improved cash generation and operating leverage by moderating working-capital growth and increasing inventory productivity, though operating cash flow was negatively impacted by increased investments in inventory and receivables.

6. Aug 26, 2026, 4:16 PM ET·OOMA·Communication Services

   Ooma — Fiscal Second Quarter 2027 Earnings Summary

   OOMA INC

   Total revenue grew 25% year-over-year to $83.2 million, driven by a 24% increase in subscription and services revenue to $75.6 million, while GAAP net income rose to $3.0 million and Non-GAAP net income increased 58% to $10.2 million. Management provided full-year fiscal 2027 revenue guidance of $332.0–$333.5 million and Non-GAAP net income guidance of $39.5–$40.3 million, citing growth from POTS replacement demand, new AI features, and the December 2025 acquisitions of FluentStream and Phone.com. The company achieved record Adjusted EBITDA of $12.4 million and reduced total debt from $57.9 million to $47.0 million, while generating $13.1 million in net cash provided by operating activities. Strategic product launches included Ooma AirDial (up 75% YoY), new AI-driven services for Ooma Office, and the residential Ooma MyPhone product, with total users now exceeding 2 million.

7. Aug 24, 2026, 8:05 AM ET·DTCX·Communication Services

   Datacentrex — Q3 2026 Earnings Summary

   DATACENTREX INC

   Financial Performance: The Company deployed 500+ ElphaPex DG2 Scrypt ASIC miners fully prepaid in 2025, requiring no incremental capital expenditure; upon energization, aggregate hashrate is expected to rise 21% to approximately 52 TH/s, improving fleet energy efficiency. Strategic Outlook: Management is expanding the asset base during sector consolidation while preserving liquidity, with plans to pursue selective investments in digital-asset infrastructure, data-center operations, and quantum-computing-adjacent technologies. Operational Timeline: The new hardware units are expected to be delivered and energized within 30 days of the August 24, 2026 announcement, with the fleet merge-mining Dogecoin and Litecoin under the Scrypt algorithm. Market Context: Scrypt mining economics have improved following a 32% appreciation in Dogecoin over the seven days ended August 21, 2026, contrasting with a period where competitors are retreating from the market.

8. Aug 20, 2026, 5:01 PM ET·SLE·Communication Services

   Super League — Second Quarter 2026 Earnings Summary

   SUPER LEAGUE ENTERPRISE INC

   Net revenue rose 16% sequentially to $1.24 million while gross revenue remained flat at $3.0 million year-over-year; gross margin expanded to 41% from 36%, and Adjusted EBITDA loss narrowed 20% year-over-year to $1.7 million, though net loss widened to $4.39 million. Management targets Adjusted EBITDA profitability in Q4 2026 and asserts existing liquidity of $6.7 million is sufficient to fund operations without raising additional capital. Strategic progress includes the May 1 acquisition of Misfits Ads assets to enhance programmatic capabilities, the launch of a Youth and Family Marketplace, and the elimination of all outstanding preferred stock. The weighted pipeline per seller for opportunities through year-end increased approximately 57% from Q1 levels, signaling improved commercial momentum despite a challenging advertising environment.

9. Aug 18, 2026, 8:21 AM ET·FLZH·Communication Services

   Flash Sports & Media Holdings, Inc. — Second Quarter 2026 Earnings Summary

   FLASH SPORTS & MEDIA HOLDINGS INC

   Reported Q2 2026 revenue from continuing operations of $0.1 million, a 93.8% decline versus $0.7 million in Q2 2025, while total operating expenses reached $6.5 million, resulting in an $8 million net loss ($0.91 per share) compared to a $6.2 million loss in the prior year period. Significant balance sheet restructuring occurred following the February 2026 merger with IPG, driving total assets to $266 million and stockholders' equity to $191.9 million from a $45.2 million deficit, though the company faces a $63.6 million working capital deficiency and $136 million accumulated deficit. Management expects to recognize substantially all $3.4 million in contract liabilities as revenue in Q3 2026 as Season 6 of the Lanka Premier League performance obligations are satisfied, with pro forma H1 2026 revenue at $0.5 million versus $2.3 million in 2025 due to the league calendar shift. Strategic milestones included the completion of the merger's second step, retirement of legacy debt obligations, and the classification of the legacy agriculture business as discontinued operations, while the company maintains a Nasdaq listing despite risks regarding revenue timing and collectability.

10. Aug 18, 2026, 7:30 AM ET·ELWT·Communication Services

    Elauwit Connection, Inc. — Second Quarter 2026 Earnings Summary

    ELAUWIT CONNECTION INC

    Revenue declined 46% year-over-year to $2.9 million for Q2 2026 and 32% to $7.3 million for the six-month period, while net loss widened to $3.1 million for the quarter and $5.3 million year-to-date compared to prior year losses of $0.9 million and $1.3 million, respectively. Deferred revenue grew significantly to $5.3 million as of June 30, 2026, up from $2.9 million at year-end 2025, and contracted units increased 33% year-over-year to 42,687, though cash reserves dropped to $1.2 million from $6.2 million. Management expects construction activity and revenue to be weighted toward the second half of 2026, with anticipated operating cost and margin benefits from new ERP and inventory platforms emerging in Q3 and Q4. The company secured major wins with two large REIT owners in July 2026, adding over 4,100 units, and projects exceeding 50,000 contracted units by year-end 2026, representing a 46% annualized increase. Stockholders' equity turned negative to a deficit of $(0.8) million as of June 30, 2026, down from $4.4 million in December 2025, driven by increased operating expenses and net losses.

11. Aug 14, 2026, 5:29 PM ET·MDIA·Communication Services

    MediaCo Holding Inc. — Second Quarter 2026 Earnings Summary

    MEDIACO HOLDING INC

    Second quarter net revenue rose 9% year-over-year to $33.969 million, while year-to-date revenue increased 10% to $65.4 million; however, second quarter net loss widened 17% to $8.613 million and Adjusted EBITDA declined 38% to $0.942 million. Operating expenses increased 2% to $38.9 million in the quarter, driven by a 10% year-to-date rise to $77.8 million, alongside higher interest expenses and losses on asset disposals compared to prior periods. EstrellaTV recorded its fourth consecutive quarter of audience growth with a 38% year-over-year increase in P18-49 prime time ratings for the first half of 2026, while digital channels accounted for 47% of advertising sales. Management emphasized a cross-platform strategy and a companywide cost reduction initiative to streamline operations, expressing confidence in future growth driven by a strong sales pipeline and expanding distribution.

12. Aug 14, 2026, 4:10 PM ET·MSGM·Communication Services

    Motorsport Games — Second Quarter 2026 Earnings Summary

    MOTORSPORT GAMES INC

    Q2 2026 total revenues reached $3.5 million (up 36.6% YoY), while six-month revenues rose 74.0% to $7.6 million; six-month gross profit margin expanded to 84.7% from 78.8% in the prior year period. Net income for Q2 2026 was approximately $0.2 million, a significant decrease from $4.2 million in Q2 2025 which included $3.1 million in non-recurring gains; however, six-month Non-GAAP Adjusted diluted net income per share increased to $0.33 from $0.24. RaceControl subscription revenues surged 348.9% to $1.4 million for the first half of 2026, representing 18.0% of total revenues with over 40,500 paid subscribers, while *Le Mans Ultimate* base game sales exceeded 500,000 units. Strategic capital allocation included the repurchase and retirement of all Class B Common Stock to eliminate super-voting rights, and the appointment of Peter Hansen-Chambers as CFO effective July 1, 2026. Management highlighted consistent business transformation and positive cash flow from operations averaging $0.5 million monthly, with *Le Mans Ultimate* U.S. Track expansion reporting record single-day revenues.

13. Aug 14, 2026, 3:19 PM ET·RDI·Communication Services

    Reading International — Second Quarter 2026 Earnings Summary

    READING INTERNATIONAL INC

    Q2 2026 total revenues reached $66.9 million (up 11% YoY), with operating income surging 159% to $7.5 million and EBITDA growing 79% to $11.3 million, marking the strongest second quarter results since 2019. Net income turned positive at $2.3 million compared to a $2.8 million loss in Q2 2025, while the six-month period saw net loss decrease 25% to $5.8 million and EBITDA rise 14% to $10.4 million. Management projects a strong full-year 2026 outlook driven by a robust movie slate including *Avengers: Doomsday* and *Dune 3*, with Q3 momentum already established by record-breaking box office weekends in the U.S. and Australia. Strategic focus includes monetizing specific assets (Cinemas 123 NYC, Newberry Yard) and executing loan amendments to manage liquidity, though total short-term debt increased $72.0 million to $108.0 million as certain obligations became due within the next twelve months.

14. Aug 14, 2026, 1:42 PM ET·CRTD·Communication Services

    Creatd, Inc. — Q2 2026 Earnings Summary

    CREATD INC

    Total current assets surged to $8.4 million as of June 30, 2026, from approximately $750,000 the prior year, driven by proceeds from the sale of Flyte, while working capital improved by nearly $8 million to a positive $1.1 million from a negative $6.8 million. Marketable securities increased to $4.5 million from $252,000, and the company introduced $3.4 million in notes receivable, which did not exist in 2025. Management confirmed the company is current in SEC reporting, filed its first Form 10-Q since Q3 2023, and is preparing final steps to apply for listing on a national exchange. No specific revenue, earnings, profit margins, or debt figures were disclosed in the press release.

15. Aug 14, 2026, 9:05 AM ET·TOON·Communication Services

    Kartoon Studios — Second Quarter 2026 Earnings Summary

    KARTOON STUDIOS INC

    Revenue declined 43% year-over-year to $5.8 million due to lower production services revenue, while total expenses decreased 32% to $9.2 million; net income turned positive at $27.0 million compared to a $6.3 million loss in the prior-year period, driven by a $39.2 million non-recurring gain from litigation settlements. The company completed the sale of the Frederator channel network to sharpen its strategic focus on owned intellectual property, appointed a new SVP of Consumer Products and Licensing, and secured a distribution partnership with Amazon Prime for the *Hundred Acre Wood* franchise. Management anticipates the launch of the *Hundred Acre Wood* franchise in February 2027 followed by Stan Lee Universe properties, projecting that the strategic transformation will improve profitability and shift growth drivers toward high-margin IP monetization in 2027. The balance sheet remains strong with $40.5 million in cash and marketable securities, no long-term debt, and an additional $39.2 million held in escrow pending legal fee determination.

16. Aug 13, 2026, 4:40 PM ET·BOC·Communication Services

    Boston Omaha Corporation — Second Quarter 2026 Earnings Summary

    BOSTON OMAHA CORP

    Total revenues increased to $22.2 million for the quarter (vs. $21.679 million in 2025) and $43.924 million for the six months (vs. $42.776 million), driven by growth in Billboard Rentals and Broadband Services segments. Net loss narrowed to $(1.612) million for the quarter (vs. $(2.319) million) and $(3.760) million for the six months (vs. $(2.989) million), with cash inflow from continuing operations rising to $10.1 million for the six-month period. The Company announced an agreement to acquire 100% of General Indemnity Group (GIG) for approximately $84.3 million, with the transaction expected to close in the second half of 2026; GIG is reported as held for sale and discontinued operations. The Company repurchased 451,281 shares of Class A common stock for $5.8 million during the quarter, while total unrestricted cash and investments decreased to $31.75 million as of June 30, 2026.

17. Aug 13, 2026, 4:33 PM ET·FIRY·Communication Services

    Firy Inc. — Second Quarter 2026 Earnings Summary

    FIRY INC

    Revenue reached $31.0 million, up 6% sequentially and 23% year-over-year, driven by RZR exceeding $10 million in revenue for the first time and achieving its fourth consecutive profitable quarter. Net loss widened to $24.5 million from $17.9 million in the prior year period, while Adjusted EBITDA loss improved 63% sequentially to $2.7 million, excluding litigation expenses. Management announced the completion of a rebrand to FIRY, the redemption of $80 million of debt leaving $50 million outstanding, and is actively exploring capital structure alternatives. The company secured a judgment in its favor against Papaya Gaming for $719 million plus fees, though it faces a Chapter 15 petition and court-supervised payment arrangement in Israel. Cash and cash equivalents decreased to $163.991 million as of June 30, 2026, from $194.513 million at year-end 2025, while management highlighted significant unrecognized value including $702 million in federal NOL carryforwards.

18. Aug 13, 2026, 4:15 PM ET·CNVS·Communication Services

    Cineverse — Q1 FY 2027 Earnings Summary

    CINEVERSE CORP

    Total revenue surged 175% year-over-year to $30.6 million, driven by Advertising Technology's first full quarter ($15.9M) and Media Services ($3.5M), while Adjusted EBITDA improved to $0.5 million. The company reaffirmed full-year Fiscal 2027 revenue guidance of $115–$120 million and Adjusted EBITDA guidance of $10–$20 million, with management expecting cost reduction and synergy impacts to materialize in the 3rd and 4th quarters. Technology-related revenue now exceeds 60% of the total, and the company has completed core post-merger integration, shifting focus to synergy capture with three high-potential wide-release films scheduled for the remainder of the fiscal year. Significant cost reduction initiatives are underway, including a recent reduction in force yielding $1.8 million in annualized savings and the identification of an additional $4.8 million in reductions, bringing the total synergy program target to $13 million annually. Financial headwinds persist with a net loss of $5.8 million, a direct operating margin decline to 35%, and a working capital deficit of $(18.9) million largely attributable to deferred and earnout consideration from the IndiCue acquisition.

19. Aug 13, 2026, 9:05 AM ET·SGA·Communication Services

    Saga Communications, Inc. — Second Quarter 2026 Earnings Summary

    SAGA COMMUNICATIONS INC

    Net revenue declined 6.5% year-over-year to $26.4 million for the quarter and 6.0% to $49.3 million for the six-month period; operating income fell to $623 thousand for the quarter from $1.4 million, while the six-month operating loss widened to $2.6 million from $889 thousand. The company sold 24 telecommunications towers for approximately $10.7 million, utilizing proceeds to fully repay its $5.0 million revolving credit facility by August 10, 2026, and paid a $0.25 per share quarterly dividend totaling $1.6 million. Capital expenditures are projected to range between $3.0 million and $3.5 million for the full year 2026, with cash and short-term investments decreasing to $22.9 million as of August 10, 2026. Management intends to maintain regular quarterly cash dividends going forward, having distributed over $145 million to shareholders since 2012.

20. Aug 13, 2026, 7:40 AM ET·MSGS·Communication Services

    Madison Square Garden Sports Corp. — Fiscal 2026 Earnings Summary

    MADISON SQUARE GARDEN SPORTS CORP

    Full-year 2026 revenues rose 11% to $1,153.8 million and operating income surged 95% to $28.9 million, while the fourth quarter saw revenues jump 37% to $278.7 million and a swing from a $22.6 million operating loss to a $32.2 million profit. Net income turned positive for the full year at $7.759 million (vs. a $22.438 million loss) and $28.297 million for the fourth quarter (vs. a $1.780 million loss), driven by NBA championship playoff revenues and increased national media rights fees. The Company plans to complete the proposed spin-off of the New York Rangers from the New York Knicks by the end of October 2026, subject to board approval and other conditions. Total debt decreased to $258.5 million from $291.0 million, while cash and cash equivalents increased to $164.5 million, though net cash provided by operating activities declined to $62.7 million from $91.6 million.

21. Aug 12, 2026, 5:00 PM ET·BBGI·Communication Services

    Beasley Broadcast Group — Second Quarter 2026 Earnings Summary

    BEASLEY BROADCAST GROUP INC

    Net revenue for the quarter declined 9.6% year-over-year to $44.1 million, while GAAP net income surged to $84.3 million (vs. $0.2M loss) primarily due to a $91.8 million non-cash gain from debt restructuring. Adjusted EBITDA for the quarter rose to $5.3 million, and total outstanding debt was reduced by $95 million, with stockholders' equity shifting from a $48.4 million deficit to a $38.8 million surplus. Digital revenue grew 7.1% on a same-station basis to $11.7 million, accounting for 26% of net revenue, while local revenue increased 9% year-over-year to offset weakness in traditional agency advertising. Management reaffirmed its strategy to reduce leverage and improve free cash flow, having implemented $10 million in additional annualized expense reductions to bring total savings to roughly $30 million over the trailing twelve months.

22. Aug 12, 2026, 4:58 PM ET·DLPN·Communication Services

    Dolphin Entertainment — Q2 2026 Earnings Summary

    DOLPHIN ENTERTAINMENT INC

    Q2 2026 revenue rose 2.5% YoY to $14.4 million, though operating loss widened to $1.0 million from $0.1 million and net loss increased to $1.6 million from $1.4 million; Adjusted EBITDA declined to ~$243,000 from ~$628,000. Management expects meaningful sequential profitability improvement in Q3 2026 as one-time retention bonuses ($360,000) and elevated legal fees subside, supported by ~$127 million in NOL carryforwards shielding the company from cash taxes. Strategic initiatives include the launch of Graviteur Studios, continued progress on the DealMaker partnership, and CEO Bill O'Dowd's plan to increase ownership to over 5% via a 10(b)(5) buying plan. Financial outlook highlights anticipated lease savings of ~$1 million annually post-2027 and reduced debt service burden (~$2.2 million annually) following bank debt maturity in just over two years.

23. Aug 12, 2026, 4:57 PM ET·CURI·Communication Services

    CuriosityStream — Q2 2026 Earnings Summary

    CURIOSITYSTREAM INC

    Revenue grew 22% year-over-year to $23.2 million, driven by a 48% surge in licensing revenue to $14.1 million, while net income and Adjusted EBITDA jumped 1,033% and 276% respectively to $8.9 million and $11.4 million. Full-year 2026 guidance was raised to $77–$82 million in revenue and $18–$22 million in Adjusted EBITDA, with management projecting a significant step-up in cash flow and revenue for the second half of the year. The company announced a Q3 cash dividend of $0.085 per share and returned capital through $5.0 million in dividends and $0.6 million in share repurchases over the first six months, maintaining a debt-free balance sheet with $10.9 million in cash. Strategic growth continues via AI data licensing (880 billion tokens) and new subscription partnerships in the US and Mexico, supported by a 73% gross margin and a 24.1% reduction in operating expenses.

24. Aug 12, 2026, 4:37 PM ET·DTCX·Communication Services

    Datacentrex — Second Quarter 2026 Earnings Summary

    DATACENTREX INC

    Revenue remained flat at $1.9 million year-over-year, while gross profit margin contracted significantly to 10.7% from 48.2% in the prior-year period due to increased power rates, resulting in a GAAP net loss of $5.5 million compared to $1.5 million previously. Adjusted EBITDA loss improved 22% sequentially to $1.3 million, and the company introduced a new Net Cash Burn measure of $61,000, representing an 88% improvement from the first quarter of 2026. Cash and cash equivalents increased to $51.9 million as of June 30, 2026, with total assets and stockholders' equity rising to $74.9 million and $74.5 million respectively, while the company maintains no debt. Management outlined a strategic transition from pure digital asset mining toward high-growth sectors including data-center operations and quantum-computing-adjacent technologies, prioritizing selective investments and acquisitions to improve fleet economics.

25. Aug 12, 2026, 4:34 PM ET·DRCT·Communication Services

    Direct Digital Holdings — Second Quarter 2026 Earnings Summary

    DIRECT DIGITAL HOLDINGS INC

    Q2 2026 revenue declined 23% year-over-year to $7.8 million; excluding a $2.5 million decrease in DSP customer revenue, core revenue grew 3%, while the six-month period saw a 21% revenue drop to $14.5 million (excluding DSP, up 5%). The company reported a net loss of $3.6 million for Q2 2026 and $9.2 million for the first half of the year, with operating expenses reduced by 7% and 10% respectively compared to prior periods. Liquidity remains constrained with cash and cash equivalents at $0.5 million as of June 30, 2026, while total current liabilities rose to $32.1 million and current maturities of long-term debt increased to $17.3 million. The company was not in compliance with certain financial covenants under its credit facility as of June 30, 2026, management is seeking a waiver, and the press release cites substantial doubt regarding the ability to continue as a going concern. Strategic focus remains on AI search, generative engine optimization, and web technology services, with management evaluating strategic partnerships while maintaining a streamlined cost structure.