Hawkeye Digital Reports No Revenue and Increased Net Loss for Fiscal Year Ending June 30, 2026

Hawkeye Digital, Inc. (formerly Hawkeye Systems, Inc.) reported no revenue for the fiscal year ending June 30, 2026, maintaining a trend from the previous year. The company recorded a net loss of $572,893, an increase from a loss of $523,327 in the prior fiscal year. Operating expenses surged by 146.7% to $667,659, primarily driven by a significant rise in professional fees, which accounted for approximately 88.4% of the total increase. The company’s cash position improved markedly, with cash holdings rising to $2,105,343 from just $502 a year earlier, following a series of financial maneuvers including the sale of a common stock purchase warrant for $2,218,786.

The company underwent a change in control on April 1, 2026, when Hawkeye Holdco LLC acquired a controlling interest. This transition led to a strategic pivot towards becoming a private equity and corporate advisory firm focused on digital assets and other financial services. As part of this shift, Hawkeye Digital plans to pursue acquisitions in sectors such as broker-dealers and financial technology businesses. The company currently holds a 19.9% interest in Rift Cyber LLC, which has not generated revenue since its inception.

Operationally, Hawkeye Digital has not yet established a significant customer base or revenue-generating activities, as it is still in the development phase of its new business model. The company has indicated that it will require additional capital to execute its business strategy effectively, including potential acquisitions and hiring necessary personnel. As of June 30, 2026, the company had four employees, a significant reduction from previous years, and plans to expand its workforce as it develops its advisory services.

Looking ahead, Hawkeye Digital anticipates that its future revenue will depend on the successful execution of its advisory engagements, which are expected to begin generating income in the upcoming fiscal year. The company has entered into a non-binding letter of intent for an advisory engagement that could yield approximately $600,000 in revenue, although this will not be reflected in the current financial statements. The management remains cautious, acknowledging that the success of its strategic initiatives is contingent upon securing additional funding and effectively navigating the evolving landscape of digital assets and financial services.