Eco Science Solutions Reports First Revenue of $1,952 Amid Significant Losses

Eco Science Solutions, Inc. reported its financial results for the three and six months ended July 31, 2026, revealing a modest revenue generation of $1,952 for the quarter and $2,205 for the six-month period, marking the first revenue recorded by the company. This contrasts with the previous fiscal period, where no revenue was reported. Despite this initial revenue, the company continues to face significant operating losses, with a net loss of $256,314 for the quarter and $499,091 for the six months, although these figures represent a slight improvement compared to the net losses of $262,843 and $536,264 for the same periods in 2025.

The company's balance sheet reflects a total asset value of $105,334 as of July 31, 2026, a decrease from $170,824 at the beginning of the fiscal year. Current liabilities increased to $1,673,389 from $1,239,788, primarily due to a rise in accounts payable and accrued expenses, which totaled $1,015,417. The stockholders' deficit also widened to $1,568,055, up from $1,068,964, driven by the accumulated deficit of $69,783,144 as of the reporting date.

Strategically, Eco Science Solutions has made several significant moves, including the acquisition of a proprietary software platform known as eXPO from eXPO Financial Services LLC for $100,000 in April 2023. The company also underwent a reverse stock split of 1-for-25, effective May 4, 2026, aimed at improving its stock price and market perception. Additionally, the company dissolved its subsidiary, Ga-Du Corporation, in April 2025, streamlining its operations to focus on its core offerings.

Operationally, Eco Science Solutions has not reported any significant customer growth metrics or geographic expansion data. However, the company has begun limited revenue-generating activities through its HerboPay platform, which is designed to support cash-intensive industries. The company does not currently have any customers representing more than 10% of total revenues, indicating a diversified customer base. Employee headcount details were not disclosed in the filing, but the company continues to manage its operational expenses, which totaled $247,766 for the quarter.

Looking ahead, Eco Science Solutions acknowledges the challenges it faces, including its substantial accumulated deficit and working capital deficit of $1,654,166. Management plans to fund operations through additional debt and equity financing, strategic transactions, and improved operational performance. However, the company has expressed uncertainty regarding its ability to secure additional financing or achieve profitability in the near future, raising concerns about its ability to continue as a going concern.