earnings
confidence high
sentiment negative
materiality 0.65
Functional Brands Q1 revenue up 3.5% to $1.65M; net loss $7.0M on $6.3M equity exchange charge
Functional Brands Inc.
2026-Q1 EPS reported
-$0.36
revenue$1,645,524
- Revenue $1.65M (+3.5% YoY); gross margin improved 390bps to 58.4%.
- Operating loss widened to $0.68M from $0.03M, driven by public company expenses and higher G&A.
- Net loss of $7.0M includes $6.3M non-cash charge on preferred stock issuance.
- Entered binding LOI to acquire IP and blockchain assets; AI partnership with partnrup.ai.
- Completed capital structure simplification; Kirkman and P2i distribution expanding.
item 2.02item 9.01