Earnings ·
Liberty Defense Holdings reported a net loss of $4.9 million for the six months ended June 30, 2026, with operating…
DETXLiberty Defense Holdings, Ltd.
Liberty Defense Holdings reported a net loss of $4.9 million for the six months ended June 30, 2026, with operating cash outflows of $8.0 million. The company generated $961,623 in revenue, driven by $686,623 from HEXWAVE security detection systems and $275,000 in contract revenue. A significant non-cash gain of $1.33 million was recognized on the initial recognition of derivative warrant liabilities following a change in functional currency from CAD to USD. The company completed its U.S. IPO in April 2026, raising approximately $18.6 million net, which improved working capital to $7.2 million and increased cash reserves to $7.6 million. Liberty Defense Holdings operates in the security detection industry, developing and commercializing advanced millimeter wave imaging technologies for threat screening.