The company reported a $0.09M revenue miss for Q2, down 30.8% year-over-year, with cash reserves at $7.092 million.
Foresight Autonomous posted a Q2 non-GAAP loss per share of $0.01 as revenue reached $0.09M, missing estimates by $0.41M. The shortfall reflects a 30.8% decline in revenue compared to the same period last year.
Cash and equivalents stood at $7.092 million as of June 30, 2026, up from $6.289 million at the end of 2025. The company did not provide forward guidance or additional context on the revenue decline.
Markets have yet to react to the earnings release, with no immediate movement in FRSX shares.