Nuburu Reports First Quarter 2026 Revenue of $407,644 Following Acquisitions

quarter following the acquisition. As a result, the Company has excluded the internal controls of Lyocon and Orbit from its assessment of internal control over financial reporting for the quarter ended March 31, 2026. The Company is in the process of integrating the internal controls of these acquired entities into its existing control framework.

Nuburu, Inc. reported its financial results for the first quarter of 2026, revealing a total revenue of $407,644, a significant increase from zero revenue in the same period last year. The revenue was primarily driven by the recent acquisitions of Orbit and Lyocon, which have expanded the company's product offerings in directed-energy systems and high-powered laser solutions. However, the company also reported a gross loss of $245,116, reflecting the costs associated with generating this revenue, which amounted to $652,760.

The company's operating expenses surged to $7,659,711 for the quarter, compared to $2,806,705 in the prior year, largely due to increased selling and marketing expenses, which rose by $1,434,188. General and administrative expenses also saw a substantial increase of $3,535,881, attributed to higher acquisition-related costs and personnel expenses. As a result, Nuburu recorded a loss from operations of $7,904,827, compared to a loss of $3,042,422 in the same quarter of 2025.

In terms of financial position, Nuburu's total assets increased to $76,148,310 as of March 31, 2026, up from $49,819,239 at the end of 2025. This growth was primarily due to the consolidation of Orbit and Lyocon's operations, which added significant goodwill and intangible assets to the balance sheet. However, the company also reported a total stockholders' equity of $2,172,572, a recovery from a deficit of $15,182,173 at the end of the previous fiscal year.

Looking ahead, Nuburu's management expressed optimism about the company's transformation plan, which aims to achieve full commercialization and expand its operations in the defense and security sectors. However, the company continues to face substantial doubt regarding its ability to continue as a going concern, given its history of operating losses and reliance on external financing. The company plans to finance its operations through the issuance of debt or equity securities, including proceeds from its Standby Equity Purchase Agreement (SEPA). The management remains focused on executing its strategic initiatives to improve liquidity and operational performance.