SolarWindow Technologies Reports Continued Net Loss and Declining Cash Position for Q3 2026

SolarWindow Technologies, Inc. reported its financial results for the third quarter ending May 31, 2026, revealing a continued lack of revenue generation since its inception. The company recorded a net loss from continuing operations of $696,406 for the three months ended May 31, 2026, compared to a loss of $540,293 for the same period in 2025. For the nine months ended May 31, 2026, the net loss increased to $1,856,583 from $1,721,429 in the prior year. The increase in losses is attributed primarily to higher personnel and professional fees, with total operating expenses rising by 31% to $727,008 for the quarter and by 8% to $1,964,143 for the nine-month period.

The company's cash position has also seen a decline, with cash and cash equivalents decreasing to $4,789,312 as of May 31, 2026, down from $6,555,642 at the end of the previous fiscal year. This reduction in cash is reflective of the ongoing negative cash flows from operations, which amounted to $1,734,980 for the nine months ended May 31, 2026, compared to $1,003,685 in the same period of 2025. The company has indicated that it will require additional capital to support its operations and product development efforts, which may involve seeking funding from private or public equity markets.

In terms of operational developments, SolarWindow Technologies has not launched any commercial products to date, and its research and development efforts continue to focus on its LiquidElectricity® Coatings technology. The company is engaged in cooperative research agreements with the U.S. Department of Energy’s National Laboratory of the Rockies to enhance its technology's efficiency and application methods. As of May 31, 2026, the company had a working capital of $4,533,771, which it believes is sufficient to meet its funding requirements for the next twelve months.

The company’s employee headcount remains stable, with 65,779,045 shares of common stock outstanding as of May 31, 2026. SolarWindow Technologies has not entered into any new strategic partnerships or acquisitions during this reporting period, and it continues to evaluate potential collaborations to enhance its market reach and product development capabilities. The company has expressed its intention to explore additional technology licensing and joint venture arrangements to facilitate the commercialization of its products.

Looking ahead, SolarWindow Technologies acknowledges the uncertainty surrounding its ability to generate revenue and achieve profitability. The company plans to continue its research and development activities while actively seeking additional funding sources to support its operations. Management has indicated that the actual costs and timelines for commercializing its technology may vary significantly based on various factors, including market conditions and the success of its product development initiatives.