Olenox Industries (OLOX) investor relations material

Executive summary

• Operates in construction, oil and gas, and SaaS segments, focusing on energy infrastructure and technology across the U.S.

• Q1 2026 saw a 50% revenue decline year-over-year, mainly due to lower construction revenue, partially offset by growth in oil and gas and SaaS.

• Significant legal proceedings and ongoing litigation, with several settlements and unresolved claims impacting financials.

• SG Echo, a key subsidiary, filed for Chapter 11 bankruptcy in April 2026, affecting segment operations.

Financial highlights

• Q1 2026 revenue: $285,313, down from $566,354 in Q1 2025 (50% decrease).

• Gross loss: $(200,833) in Q1 2026 vs. $(323,755) in Q1 2025; gross loss margin worsened to (70)% from (57)%.

• Net loss attributable to common stockholders: $(3,061,691) in Q1 2026 vs. $(2,746,668) in Q1 2025.

• Cash and equivalents at March 31, 2026: $30,883, down from $427,866 at year-end 2025.

• Stockholders’ equity: $8,187,156 at March 31, 2026, up from $7,589,746 at December 31, 2025.

Outlook and guidance

• Management plans to address liquidity through revenue growth, cost containment, strategic alliances, and potential financing.

• No committed sources of additional financing; substantial doubt exists about the ability to continue as a going concern.

• Backlog of $1.28 million in construction expected to be satisfied within one year.