AI brief of an SEC Form 8-K · DarkHorse Technologies Inc. (DRK)

DarkHorse Q3 revenue rises to $3.0 million; net loss widens to $5.8 million

Mixed Impact 3 of 5 earnings

DarkHorse Technologies reported third-quarter 2026 revenue of $3.0 million, up from $2.6 million a year earlier, and a net loss of $5.8 million, wider than the $4.2 million loss in the third quarter of 2025 but narrower than the $13.8 million loss in the second quarter of 2026. The company says the revenue gain mainly reflects the Cathedra Bitcoin operations acquired June 1, 2026, and the results have limited comparability with the prior year.

Key points

  • Revenue was $3.0 million in Q3 2026, versus $2.5 million in Q2 2026 and $2.6 million in Q3 2025.
  • Net loss was $5.8 million, or $0.65 per share, versus $4.2 million, or $1.49 per share, in Q3 2025.
  • Cash and cash equivalents were $8.8 million at September 30, 2026, up from $2.8 million at June 30, 2026.
  • Contracted power roughly doubled to about 100 MW after a 50 MW contract with Hopkinsville Electric System signed September 30, 2026.

The filing

CompanyDarkHorse Technologies Inc. (DRK)
Form8-K, current report
Filed with the SECNov 6, 2026, 8:30 AM ET
Accession number0001062993-26-005793

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 7:05 AM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.