Eco Science Solutions Reports Continued Net Loss and Lack of Revenue for Third Quarter

Eco Science Solutions, Inc. reported its financial results for the three and nine months ended October 31, 2025, revealing a continued lack of revenue generation. The company reported a net loss of $245,859 for the third quarter, compared to a net loss of $275,311 for the same period in the previous year. For the nine months ending October 31, 2025, the net loss was $782,123, slightly improved from a loss of $819,019 in the prior year. Operating expenses for the third quarter totaled $225,678, down from $255,992 in the same quarter of 2024, indicating a reduction in costs.

The company’s balance sheet as of October 31, 2025, showed total assets of $101,914, a decrease from $107,272 as of January 31, 2025. Current liabilities increased to $17,446,309 from $16,669,544, primarily due to rising accounts payable and accrued expenses, which reached $4,698,336. The accumulated deficit also grew to $79,508,395, up from $78,726,272 at the beginning of the fiscal year, reflecting ongoing financial challenges.

In terms of strategic developments, Eco Science Solutions dissolved its wholly owned subsidiary, Ga-Du Corporation, on April 3, 2025, as part of a restructuring effort. This decision was made to streamline operations and focus on the core business. The company has also made significant investments in software acquisitions, including a $100,000 purchase of a program from eXPO Financial Services, which is expected to enhance its enterprise software offerings once commercial sales commence.

Operationally, Eco Science Solutions has not reported any revenue from its primary operations, which include its Herbo software platform. The company continues to face challenges in customer acquisition and market penetration, with no significant user statistics or product adoption rates disclosed in the filing. The company’s employee headcount remains stable, with no changes reported in the number of shares outstanding, which stands at 52,957,572.

Looking ahead, Eco Science Solutions acknowledges substantial doubt regarding its ability to continue as a going concern, primarily due to its ongoing financial losses and lack of revenue generation. The company is reliant on continued financial support from shareholders and the ability to raise additional equity or debt financing. Management has indicated that future operations will depend on successfully launching its software products and achieving profitable operations, although external factors such as inflation and geopolitical events may impact its business environment.