Flash Sports Q2 net loss $8.0M; $3.4M LPL Season 6 fees deferred to Q3

urban-gro, Inc.

2026-Q2 EPS reported -$2.34 revenue$44,318

Q2 revenue from continuing ops $0.1M; pro forma $44K vs $710K YoY (-93.8%) on LPL season shift.
Net loss $8.0M ($0.91/share) vs $6.2M ($10.64) in Q2 2025; per-share improved 91.4% on larger share count.
$3.4M LPL Season 6 franchise/sponsorship fees billed in advance as contract liabilities, expected as Q3 revenue.
Total assets $266M, cash $2.4M, stockholders' equity $191.9M (vs deficit $45.2M at 12/31/25); working capital deficit $63.6M.
Going-concern doubt disclosed; expects Q3 to show clearer operating performance after merger and LPL delivery.

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