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Endovia Health Sciences (EDVA) investor relations material
Endovia Health Sciences Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Transitioned from beverage business to cannabinoid health and wellness platform in Q2 2026, including a corporate name change to Endovia Health Sciences, Inc. effective August 2026.
Acquired exclusive global rights to CannEpil®, a cannabinoid pharmaceutical for epilepsy, and expanded its license to veterinary uses.
Discontinued legacy beverage operations, including Copa Di Vino, due to lack of working capital and strategic shift.
Financial highlights
Net loss from continuing operations was $2.0 million for Q2 2026, compared to $8.4 million in Q2 2025; net loss for the six months ended June 30, 2026 was $4.1 million, down from $11.6 million year-over-year.
Revenues for the six months ended June 30, 2026 were less than $0.01 million, down from $0.05 million in the prior year period; no revenue in Q2 2026.
Operating expenses for Q2 2026 were $2.0 million, up from $1.5 million in Q2 2025, driven by increased non-cash share-based compensation and new business activities.
Cash and cash equivalents were $242,702 as of June 30, 2026, compared to $281,435 at December 31, 2025.
Net cash used in operating activities was $2.0 million for the six months ended June 30, 2026.
Outlook and guidance
Focused on developing and commercializing CannEpil® for human and veterinary use, with milestone-based collaboration agreements in place.
Management is pursuing additional funding and strategic partnerships to support ongoing operations and regulatory milestones.
NYSE American accepted the company’s compliance plan, providing a compliance period through January 29, 2027.
- Pivoting to cannabinoid wellness, company seeks capital via equity line amid financial distress.EDVA
Registration filing - Facing liquidity issues, the company pursues a dilutive equity line and entry into the cannabinoid sector.EDVA
Registration filing - Severe revenue decline, liquidity risk, and pending Medterra deal threaten NYSE listing.EDVA
Q1 2026 - Paused operations, major losses, and a planned Medterra CBD acquisition amid severe liquidity risk.EDVA
Q4 2025 - Severe liquidity crisis and no revenue drive urgent capital raise and major dilution risk.EDVA
Registration Filing - Distressed beverage company seeks $35M ELOC, faces dilution and going concern risks.EDVA
Registration Filing - Shareholders approved increasing authorized common shares to 400 million.EDVA
AGM 2025 - Gross margins improved to 30% as revenue fell and liquidity risks persisted.EDVA
Q3 2024 - Revenue plunged and losses persisted amid liquidity and NYSE compliance risks.EDVA
Q2 2024
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