DIRTT ENVIRONMENTAL SOLUTIONS LTD
For the period ended Jun 30, 2026. Filed Jul 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 29, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Interim Condensed Consolidated Statement of Operations and Comprehensive Loss
Interim Condensed Consolidated Statement of Operations
(Unaudited - Stated in thousands of U.S. dollars)
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Product revenue | 38,891 | 37,741 | 79,707 | 78,087 |
| Service revenue | 1,419 | 1,181 | 3,035 | 2,130 |
| Total revenue | 40,310 | 38,922 | 82,742 | 80,217 |
| Product cost of sales | 24,388 | 27,362 | 51,707 | 53,718 |
| Service cost of sales | 1,938 | 742 | 4,050 | 1,139 |
| Total cost of sales | 26,326 | 28,104 | 55,757 | 54,857 |
| Gross profit | 13,984 | 10,818 | 26,985 | 25,360 |
| Expenses | ||||
| Sales and marketing | 4,216 | 5,293 | 9,247 | 10,470 |
| General and administrative | 4,548 | 5,743 | 9,984 | 11,223 |
| Operations support | 1,237 | 1,872 | 2,852 | 3,902 |
| Technology and development | 902 | 1,480 | 1,843 | 2,708 |
| Stock-based compensation | 724 | 594 | 1,599 | 1,333 |
| Reorganization | 1,056 | 174 | 3,423 | 384 |
| Total operating expenses | 12,683 | 15,156 | 28,948 | 30,020 |
| Operating income (loss) | 1,301 | (4,338) | (1,963) | (4,660) |
| Interest income | 105 | 232 | 187 | 494 |
| Gain on extinguishment of convertible debentures | - | 7 | - | 14 |
| Foreign exchange gain (loss) | 46 | (1,912) | 385 | (2,024) |
| Interest expense | (354) | (485) | (704) | (936) |
| (203) | (2,158) | (132) | (2,452) | |
| Net income (loss) before tax | 1,098 | (6,496) | (2,095) | (7,112) |
| Income taxes | ||||
| Current and deferred income tax expense | 39 | 106 | 119 | 151 |
| Net income (loss) after tax | 1,059 | (6,602) | (2,214) | (7,263) |
| Net income (loss) per share | ||||
| Net income (loss) per share − basic and diluted | 0.01 | (0.03) | (0.01) | (0.04) |
| Weighted average number of shares outstanding (in thousands) | ||||
| Basic | 193,789 | 190,537 | 193,081 | 190,597 |
| Diluted | 197,472 | 190,537 | 193,081 | 190,597 |
Refer to Note 15 for Related Party Transactions included in this statement.
Interim Condensed Consolidated Statement of Comprehensive Income (Loss)
(Unaudited - Stated in thousands of U.S. dollars)
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Net income (loss) after tax for the period | 1,059 | (6,602) | (2,214) | (7,263) |
| Exchange differences on translation of foreign operations | (227) | 1,739 | (604) | 1,806 |
| Comprehensive income (loss) for the period | 832 | (4,863) | (2,818) | (5,457) |
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