Westport Fuel Systems Inc. reported a net loss of $11.4 million for the three months ended June 30, 2026, with revenues declining 78% to $2.7 million due to the end of its transitional service agreement with Cespira. The company raised approximately $9.3 million in net proceeds from a private placement of common shares and warrants on June 23, 2026, at a combined price of $2.06 per unit. Despite this financing, management concluded that substantial doubt exists regarding the company's ability to continue as a going concern for the next twelve months, citing projected cash shortfalls against operating requirements and debt obligations. Westport Fuel Systems Inc. designs, manufactures, and supplies advanced alternative fuel systems and components for transportation applications.
