• Next Technology Holding swung to a net loss of $105.85 million for quarter ended March 31, 2026 from net income of $193.44 million a year earlier.
• Revenue rose to $465,228 from no revenue, driven by a single commercial customer agreement in smart water-system management.
• Operating loss widened to $6.64 million as total operating expenses climbed to $6.71 million.
• Other expense totaled $126.51 million, reflecting an unrealized loss on Bitcoin holdings on a decline in fair value.
• Liquidity strengthened with cash and cash equivalents of $159.72 million; management expects existing cash, future operating cash flow, and share-issuance proceeds to cover working capital needs and capital expenditures over next 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Next Technology Holding Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-048836), on April 29, 2026, and is solely responsible for the information contained therein.