Key Highlights

• On 13 May 2026, NanoXplore reported results for the third quarter of its fiscal 2026 year.
• Total Revenue was about $32.35 million, up about 6% year over year, and adjusted gross Margin edged up to about 22.9%.
• The sequential revenue growth through fiscal 2026 is encouraging and suggests Demand is recovering, yet the year-to-date revenue decline and the wider net loss show the Business has not yet reached durable profitability.
• The balance sheet, with about $34.4 million of Liquidity against about $16.1 million of long-term debt, provides a reasonable cushion for a company of this stage, but the very small battery-segment revenue is a reminder that the…