CapForce (OPGN) Q2 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 to CapForce Inc. (CFOR) in February 2026.

Financial highlights

• Revenue for Q2 2026 was $50.0 million, up from $4.0 million in Q2 2025, driven by listing sponsorship services.

• Net income for Q2 2026 was $42.5 million, compared to $3.5 million in Q2 2025.

• Operating expenses rose to $5.7 million in Q2 2026 from $0.6 million in Q2 2025, mainly due to higher cost of services and G&A expenses.

• Cash and cash equivalents were $0.1 million as of June 30, 2026.

Outlook and guidance

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

• $6.0 million of additional equity financing capacity remains available under the 2024 Securities Purchase Agreement.

• Revenue is expected to remain transaction-driven and unpredictable in timing.