Change Agents (CHGA) Q2 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2026 earnings summary
14 Aug, 2026Executive summary
Focused on Agentic AI software and consumer health products, with expansion into drone interception and surveillance AI solutions.
Operates two segments: AI-driven video generation/SEO tools and Keto Air breathalyzer distribution in North America.
Ceased laboratory services in Q1 2025 and sold real estate subsidiary in February 2026.
Name changed to Change Agents Corporation in July 2026; new ticker symbol CHGA on Nasdaq.
Financial highlights
Net loss for Q2 2026 was $2.18M, down 83.8% year-over-year; six-month net loss was $6.66M, down 58.2%.
Loss from operations for Q2 2026 was $2.05M, a 47.5% decrease year-over-year.
Working capital deficit decreased to $4.09M from $12.65M at year-end 2025.
Cash balance at June 30, 2026 was $39K, down from $109K at year-end 2025.
Net cash used in operating activities for six months ended June 30, 2026 was $3.56M.
Outlook and guidance
Substantial doubt exists about ability to continue as a going concern due to recurring losses and limited cash.
Plans to raise additional capital through equity sales and expand product commercialization.
Expects increased cash use for product development and marketing in the next 12 months.
Latest events from Change Agents
- Stockholders will vote on equity issuances, note conversions, and a charter amendment to increase authorized shares.CHGA
Proxy filing - AI and health tech firm registers 35.6M shares for resale amid ongoing losses and capital needs.CHGA
Registration filing - All proposals, including director elections and a reverse stock split, were approved.CHGA
AGM 2026 - Net loss from continuing operations surged to $17.5M in 2025 amid a strategic pivot to AI and health tech.CHGA
Q4 2025 - AI and health tech pivot faces major losses, cash shortfall, and high dilution risk in new offering.CHGA
Registration filing - Net loss widened to $2.48M on higher expenses; going concern risk remains significant.CHGA
Q1 2025 - Q3 rental revenue rose and losses narrowed, but liquidity and going concern risks persist.CHGA
Q3 2025 - Net loss rose to $1.68M in Q3 2024, with a $10.94M working capital deficit and going concern risk.CHGA
Q3 2024 - Net loss improved to $7.9M in 2024, but liquidity and going concern risks persist.CHGA
Q4 2024