Evolution Metals & Technologies Corp. - 10-Q Filing
Evolution Metals & Technologies Corp. filed its quarterly report for the period ended March 31, 2026, reporting a net loss of $440.3 million compared to a net loss of $17.9 million in the same quarter last year. The significant increase in losses was primarily driven by a change in fair value of financial instruments amounting to $425.2 million and higher operating expenses ($16.1 million vs. $2.8 million). As of March 31, 2026, total assets were reported at $85.6 million with stockholders' deficit reaching -$24.8 million.
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