Sharon AI Q2 2026: Revenue $1.9M (+412% YoY), net loss $430.4M on non-cash items; TCV $8.8B

SharonAI Holdings Inc.

Revenue $1.9M, up 412% YoY; adjusted EBITDA $0.6M vs -$1.7M prior year.
Net loss $430.4M includes $400.4M non-cash fair value loss on convertible notes; cash $1.9B.
Total contract value $8.8B; six-year NVIDIA collaboration for up to 40,000 GB300 GPUs ($4.9B).
AI Factory capacity increased 80MW to 212MW; $950M five-year take-or-pay contract with global tech company.
Appointed Andrew Penn AO as Non-Executive Chairman; $1.6B private placement and $350M convertible notes completed.

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