secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL BATTERY METALS LTD. (IBATF)
CIK:        0001786318
Form:       8-K
Filed at:   2026-08-13T11:03:45+00:00
Accession:  0001193125-26-347849
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBAT Q1 FY2027: revenue $120K, net loss $28K; Galloway interim CEO
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- Revenue $120K vs $7K YoY from brine testing services; operating loss narrowed to $2.9M from $3.6M.
- Net loss $28K ($0.00 EPS) vs net income $1.7M ($0.01) prior year, driven by $2.9M warrant liability gain.
- SG&A (ex-depreciation) down to $1.8M from $2.3M; disciplined cost structure implemented.
- Garrett Galloway named Interim CEO, succeeding Joe Mills; pursuing Smackover, Middle East, Argentina DLE opportunities.
- Continued brine testing with prospective customers in US, Middle East, Argentina; modular DLE plant deployment targeted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786318/000119312526347849/0001193125-26-347849-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786318/000119312526347849/ibatf-20260813.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-347849

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