$EMAT
Evolution Metals & Technologies Corp.
CIK:0001866226|SEC Filings
Unaudited Condensed Consolidated Statements of Operations - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Income Statement [Abstract] | ||||
| Revenues | $ 1,636 | $ 3,515 | ||
| Cost of sales | (1,751) | (3,186) | ||
| Gross (loss) profit | (115) | 329 | ||
| Operating expense: | ||||
| Selling, general and administrative | (12,072) | (2,900) | (28,171) | (5,702) |
| Operating loss | (12,187) | (2,900) | (27,842) | (5,702) |
| Other income (expense): | ||||
| Interest (expense) income, net | (821) | 525 | (1,526) | 1,019 |
| Other (expense) income, net | (124) | 1,171 | 250 | |
| Provision for credit losses | (5,059) | (5,529) | ||
| Change in fair value of financial instruments | 1,671 | (33,457) | (423,556) | (48,925) |
| Loss on foreign currency | (500) | (521) | ||
| Loss before income taxes | (11,961) | (40,891) | (452,274) | (58,887) |
| Income tax benefit | 51 | 51 | ||
| Net loss | $ (11,910) | $ (40,891) | $ (452,223) | $ (58,887) |
| Net loss per share attributable to common stockholders | ||||
| Basic (in Dollars per share) | $ (0.02) | $ (0.09) | $ (0.73) | $ (0.13) |
| Diluted (in Dollars per share) | $ (0.02) | $ (0.09) | $ (0.73) | $ (0.13) |
| Weighted average shares of common stock | ||||
| Basic (in Shares) | 621,762,506 | 454,712,290 | 617,779,981 | 454,712,290 |
| Diluted (in Shares) | 621,762,506 | 454,712,290 | 617,779,981 | 454,712,290 |