Blue Chip Capital net loss widens to $22.65 million in FY26; operating expenses climb to $21.74 million
Reuters2026/09/04 16:57- Blue Chip Capital posted a net loss of ($22.65 million) for fiscal 2026, widening from ($5.69 million) a year earlier.
- Operating expenses jumped to $21.74 million from $5.62 million, driven by higher professional fees tied to SEC reporting and regulatory processes.
- Working capital deficit widened to ($3.14 million) at May 31, 2026, from ($609,363) at May 31, 2025.
- Cash used in operating activities rose to $1.31 million from $653,350, while financing provided increased to $1.31 million from $651,000.
- Raisewise subsidiaries remained pre-revenue; funding focus stayed on a pending registration statement and private sales of convertible notes under Reg D 506(b).
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