Karnalyte Resources reports a Q1 GAAP EPS of $0.01, with net losses nearly unchanged year-over-year at $565K.
Karnalyte Resources reported a first-quarter GAAP earnings per share of $0.01, matching its performance from the same period last year. The company’s net and comprehensive loss remained nearly flat at $565K, compared to $564K in Q1 2025.
Total assets declined to $5.86M from $6.69M a year earlier, while cash on hand stood at $0.1M as of March 31, 2026. The company maintained no debt but ended the quarter with negative working capital of approximately $0.4M.