secwatch.observer — SEC 8-K summary
======================================

Issuer:     UPEXI, INC. (UPXI)
CIK:        0001775194
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001477932-26-000740
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upexi Q2 FY2026 revenue $8.1M, net loss $178.9M on $164.5M unrealized digital asset losses
--------------------------------------------------------------------------------

- Total revenue $8.1M (vs $4.0M YoY); digital asset staking revenue $5.1M, consumer brands $2.9M.
- Gross profit $6.7M, up 126% YoY; net loss $178.9M ($2.94/sh) vs $1.3M loss YoY.
- Net loss driven by $164.5M unrealized digital asset fair value adjustments and $8.3M stock-based compensation.
- Cash and equivalents $1.6M at Dec 31; post-quarter cash ~$9.7M; shares outstanding 69.8M.
- Post-quarter: $36M convertible note, $7.4M registered direct offering, $50M share repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1775194/000147793226000740/0001477932-26-000740-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1775194/000147793226000740/upxi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-000740

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer