Cuentas Inc. posted a six-month net loss of $1,385,000 ($1.385 million), versus $21,000 in the comparable period. The company had $800 in cash, a $4,299,000 working-capital Deficit and substantial doubt about continuing as a going concern, while management plans additional financing to support operations.

Key Highlights

  • Cuentas Inc. reported a $1,385,000 six-month net loss, compared with a $21,000 net loss for the same period in 2025.
  • Current Assets totaled $272,000, including $800 in cash and $271,000 in accounts receivable, as of June 30, 2026.
  • Management plans to secure additional financing, including potential future sales of common stock.

Cuentas Inc. (OTC: CUEN) recorded a six-month net loss of $1,385,000 ($1.385 million) for the period ended June 30, 2026, compared with a net loss of $21,000 for the comparable period. The filing also reported operating expenses, other expenses including net interest expense and a derivative-warrant Liability loss, and Equity losses from an unconsolidated entity.

Six-Month Results Deepen

Cuentas Inc. also recorded $133,000 in equity losses from an unconsolidated entity during the six-month period. The comparable period included $582,000 of other income, consisting mostly of income from extinguishing Debt net of default expenses.

Three-Month Costs Increase

Three-month operating expenses reached $803,000, compared with $320,000 in the corresponding period. Selling, general and administrative expenses accounted for the same totals in each period. Other income in the comparable period totaled $698,000, while equity losses from an unconsolidated entity were $64,000 in the 2026 period.

Cash Position Remains Limited

As of June 30, 2026, current assets totaled $272,000, including $800 in cash and $271,000 in accounts receivable. Current liabilities were $4,571,000, resulting in a working-capital deficit of $4,299,000. The company’s accumulated deficit was approximately $61,211,000.

Additional Financing Planned

Management plans to seek additional financing, including potential future sales of common stock. The planned financing is intended to support operations, further develop digital products and General-Purpose Reloadable Cards, increase sales and marketing, and complete development of the company’s new portal and financial technology capabilities. The company stated that there is no assurance it will raise additional Capital or generate Net Income from operations to fund its business plan.