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OpenWorld, Inc. — Q3 2026 Earnings Summary

  • Total revenue declined to $7.4 million in Q3 2026 from $20.8 million in the prior-year period, while RWA infrastructure revenue grew from zero to $6.4 million, driving gross margin expansion to 84% from 77%.
  • GAAP net loss widened to $10.2 million ($0.93 per share) for the quarter, significantly impacted by $6.0 million in merger-related fees and $6.4 million in stock-based compensation; Adjusted EBITDA was $2.3 million.
  • Subsequent to quarter-end, the company secured $1.1 billion in non-binding LOIs for tokenized financing programs, closed a $3.5 million registered direct offering, and acquired Blocksight Holdings Co. in Q4 2026.
  • Management targets initial deployment of the Meridian AI infrastructure program in 10,000 homes with testing beginning in Q4 2026 and commercial launch in Q1 2027, while tokenized OPNW shares commenced trading on Solana in November 2026.
  • Cash balances stood at $4.5 million with positive working capital of $2.6 million as of September 30, 2026, following a reverse takeover with VerifyMe, Inc. and Nasdaq listing.
Company
OPENWORLD INC
Sector
Technology
Industry
Information Technology Services