Newton Golf Q1 net sales down 18% YoY to $991K; net loss widens to $2.7M

Newton Golf Company, Inc.

2026-Q1 EPS reported -$0.58 revenue$991,000

Net loss of $2.7M ($0.58 per share) vs $0.5M loss ($0.55 per share) in Q1 2025.
Net sales $991K (-18% YoY); gross margin 63% vs 70% due to temporary production inefficiencies.
Cash $593K at quarter end; issued $500K convertible note in March and $850K additional post-quarter.
$1.2M in expected future revenue from customer deposits ($0.9M) and open wholesale orders ($0.3M).
Introduced Fast Motion fairway/hybrid shafts at PGA Show; exclusive South Korea distribution with VOICE CADDIE; appointed John Bode to board; interim CEO Akinobu Yorihiro; CFO now also COO.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Newton Golf Company, Inc. reported financial results for the first quarter ended March 31, 2026.

Period: the first quarter ended March 31, 2026
Result: reported results

Exact text from the filing

On May 14, 2026, Newton Golf Company, Inc. (the “Company”) issued a press release, which is furnished as Exhibit 99.1 to this Current Report on Form 8-K, announcing its financial results for the quarter ended March 31, 2026.

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Newton Golf Company, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-023135

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