CapForce (OPGN) Q1 2026 earnings summary

Executive summary

• Transitioned from precision medicine to financial services and technology in 2024, focusing on listing sponsorship and consultancy for international companies.

• Acquired Sun Investment Enterprises Limited (SIE) and its subsidiary iCapX in December 2025 to expand fintech and advisory capabilities.

• Changed corporate name and ticker symbol in February 2026 following stockholder approval.

Financial highlights

• No revenue recognized for the three months ended March 31, 2026 or 2025.

• Net loss of $0.7 million for Q1 2026, compared to $0.4 million in Q1 2025.

• Operating expenses increased 54% year-over-year to $0.8 million, mainly due to higher general and administrative costs.

• Cash and cash equivalents were $0.1 million as of March 31, 2026, down from $0.5 million at year-end 2025.

Outlook and guidance

• Plans to fund operations primarily through financing from AEI Capital until business becomes self-sustaining or investments are monetized.

• $6.5 million of additional equity financing capacity remains available under an agreement with AEI Capital through December 2026.

• Focus remains on revenue growth, platform development, and leveraging new fintech capabilities.