The company reported steady general expenses and license revenue for Q1 2026, matching year-ago levels.
Northern Graphite Corporation reported a first-quarter GAAP loss of $0.06 per share, unchanged from the same period last year. The company’s general and administrative expenses held steady at $2.5 million, as higher office and management costs were offset by reduced legal spending.
License and other revenue totaled $0.6 million for the quarter ended March 31, 2026, nearly matching the $0.7 million recorded in Q1 2025. The results reflect stable operating conditions amid ongoing cost management efforts.
No immediate market reaction was disclosed in the release.