revenue $31.1M, net income -$75.0M. Boost Run swings to loss on tax charge; revenue up 270%

Filed August 18, 2026 · Period ending June 30, 2026 · ~1 min read

Key Changes

• high

  Net loss of $75.05M for Q2 2026 vs. net income of $2.53M a year ago, driven by a $55.74M deferred tax charge from the SPAC merger and higher operating costs.

  MD&A: Net loss verify on EDGAR →
• high

  Revenue grew 270% YoY to $31.14M, driven by higher GPU utilization, enterprise AI contracts, and pricing adjustments.

  MD&A: Revenue verify on EDGAR →
• high

  Material weaknesses in internal controls disclosed: ineffective IT general controls, insufficient segregation of duties, and lack of qualified accounting personnel; remediation ongoing through 2026.

  Controls verify on EDGAR →