Sativus Tech Corp. Reports Improved Financial Results with Reduced Losses for Six Months Ending June 30, 2026

Sativus Tech Corp. has reported its financial results for the six months ending June 30, 2026, revealing a net loss of $294,000, a decrease from a net loss of $520,000 during the same period in 2025. The company’s operating loss also improved, totaling $306,000 compared to $473,000 in the prior year. Revenue figures were not disclosed, but the company noted a significant reduction in operating expenses, with research and development costs decreasing to $172,000 from $328,000, and general and administrative expenses falling to $134,000 from $145,000.

The company’s total assets decreased to $268,000 as of June 30, 2026, down from $307,000 at the end of 2025. Current liabilities increased slightly to $3,893,000 from $3,838,000, primarily due to an increase in accounts payable and convertible loans. Sativus Tech reported an accumulated deficit of $24,652,000, reflecting ongoing financial challenges. The company’s cash and cash equivalents rose to $85,000 from $32,000, indicating a slight improvement in liquidity.

Strategically, Sativus Tech continues to focus on its subsidiary, Saffron Tech, which is developing automated systems for saffron cultivation. The company has made progress in its research and development efforts, with plans to roll out a proof of concept for its growing technology in the coming months. Saffron Tech aims to enhance production efficiency and sustainability in the agricultural sector, targeting high-quality saffron cultivation year-round. The company has also engaged in various financing activities, including the issuance of shares to minority interests in its subsidiary, which contributed to a positive cash flow from financing activities of $200,000 during the first half of 2026.

Despite these developments, Sativus Tech faces significant challenges, including a working capital deficit of $3,789,000 and ongoing losses that raise substantial doubt about its ability to continue as a going concern. The company has indicated that it will need to secure additional financing to meet its operational obligations and support future growth. Management plans to finance operations through existing cash, cost reductions, and potential future equity or debt issuances. The outlook remains uncertain, with the company acknowledging the need for further capital to sustain its operations and execute its business strategy effectively.