Game Your Game (GYGY) Q2 2026 earnings summary

Executive summary

• Focused on AI-based golf performance tracking, transitioning to a recurring revenue model via subscriptions and data services.

• Net loss of $3.3M for Q2 2026 and $4.0M for the first half of 2026, reflecting high operating expenses and share-based compensation tied to the Nasdaq direct listing.

• Revenues declined 91% year-over-year for Q2 2026 due to lower device sales during beta testing; full commercial launch of GameGolf KZN AI expected end of Q3 2026.

Financial highlights

• Q2 2026 revenue: $1,403 (down 91% YoY); six-month revenue: $3,917 (down 75% YoY).

• Gross margin improved to 39% in Q2 2026 (from 8% in Q2 2025) and 47% for the six months (from 11% prior year).

• Operating expenses surged to $3.1M in Q2 2026 (up 1,024% YoY), mainly due to $2.4M in share-based compensation and costs related to the Nasdaq listing.

• Adjusted EBITDA loss was $392K for Q2 2026 and $708K for the first half, reflecting higher non-cash and one-time expenses.

• Cash at June 30, 2026: $16K; working capital deficit: $185K.

Outlook and guidance

• Management expects a shift from R&D to sales and marketing as commercialization begins in Q3 2026.

• General and administrative expenses expected to decrease post-listing, but public company costs will remain elevated.

• Sufficient liquidity projected through at least June 2027, supported by $8M in new preferred equity raised in July 2026.