NASDAQ$LNAI

Lunai Bioworks Inc · Q3 2026 earnings

Q3 2026 earnings · · Investor relations

Briefing

Lunai Bioworks Inc. reported a net loss of $2.57 million for the third quarter of fiscal 2026 while advancing its AI-driven platform and securing additional financing.

The company generated its first service revenue of $20,942 from a research agreement and narrowed its quarterly net loss compared to prior periods through significant reductions in operating expenses. Cash increased to $3.16 million following equity offerings and debt exchanges, though the company continues to face a substantial working capital deficit and going concern uncertainty. Management is focusing resources on AI biomarker discovery, oncology diagnostics, and therapeutic development while pursuing further funding.

  • Service revenue of $20,942 recognized for the first time from a single research services contract with Kapoose Creek Bio.
  • General and administrative expenses declined 66% year-over-year to $1.42 million, driving a 65% reduction in total operating expenses.
  • Net loss of $2.57 million for the quarter included a $1.09 million loss on debt extinguishment and $70,000 gain from fair value adjustment of contingent consideration.
  • Cash position strengthened to $3.16 million after ATM offering and private placement proceeds, with total assets reaching $9.86 million.

Headline financials

Total Revenue

$20.9K

Previous: $0.00
EPS (adj)

-$0.10

Previous: $0.00
Research and development expenses

$15.9K

Previous: -$94.1K+117.0%
Depreciation and amortization

$11K

Previous: $32K-65.6%
Change in fair value of contingent consideration

$70K

Previous: $4.33M-98.4%
Interest expense

$108K

Previous: -$189K+157.3%
Weighted average shares outstanding

25.0M

Previous: 162.3M-84.6%
General and administrative expenses

$1.42M

Previous: $4.22M-66.4%
Capital Expenditures

-$1.24K

No prior period
Free Cash Flow

-$3.45M

No prior period
Net Income

-$2.57M

Previous: $189K-1459.3%
Operating Income

-$1.48M

Previous: -$4.16M+64.5%
Gross Profit

$20.9K

No prior period
Cash & Equivalents

$3.16M

No prior period
Total Assets

$9.86M

No prior period

Revenue & EPS history

Renovaro · Revenue · Quarterly

$20.9K

Q3 2026

Forward guidance

Management plans to secure additional equity or debt financing to support commercialization of AI-driven neurology and oncology diagnostics while streamlining operations around biomarker discovery and therapeutic development.

Tailwinds

  • Reduced overhead and focused workforce on core AI platform activities
  • Successful debt restructuring and equity raises improving liquidity

Headwinds

  • Ongoing substantial doubt about ability to continue as going concern
  • Accumulated deficit exceeds $512 million with working capital deficit of $15.6 million

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+2.0%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+6.9%

Avg return

30 days after

44%

16 / 36 earnings

Positive

+36.6%

Q4 2024

Best reaction

-17.8%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026———
Q3 2026-7.3%-18.5%+9.3%
Q2 2026-9.1%-25.7%-47.5%
Q1 2026+5.1%+45.6%+3.9%
Q4 2025+30.1%+1.6%-25.9%
Q3 2025-1.6%-9.4%-8.4%
Q2 2025-0.9%-10.1%-18.5%
Q1 2025-17.8%-21.4%+192.4%
Q4 2024+36.6%+68.6%+51.0%
Q3 2024-15.3%-6.7%+57.7%
Q2 2024+4.2%+18.2%+65.1%
Q1 2024-4.0%-6.7%+12.8%
Q4 2023+1.8%+2.9%-35.1%
Q3 2023-3.4%-16.4%-36.8%
Q2 2023-1.8%-5.5%-1.8%
Q1 2023-6.0%-7.8%-7.8%
Q4 2022-12.5%-9.4%-35.4%
Q3 2022-5.9%-7.5%-40.8%
Q2 2022+9.9%+24.0%+6.7%
Q1 2022+7.9%+11.0%-18.6%
Q4 2021+6.0%-7.5%+14.8%
Q4 2020-1.6%-3.1%-2.4%
Q3 2021-6.9%+1.3%+58.5%
Q2 2021+11.4%+5.9%-8.6%
Q2 2020-2.2%+7.1%+17.3%
Q1 2021-0.7%+2.3%-2.3%
Q1 2020-4.3%-4.6%-17.6%
Q4 2019+4.8%+2.5%-2.8%
Q3 2020+4.5%+12.4%+28.6%
Q2 2019+4.8%-4.8%-4.0%
Q1 2019+15.5%+2.6%+31.3%
Q4 2018-0.9%+4.4%+8.9%
Q3 2018-1.2%-0.3%-11.4%
Q2 2018+0.7%+1.0%-8.2%
Q1 2018+0.9%-0.7%-2.1%
Q4 2017+29.5%+32.5%+20.5%
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2017+0.0%——
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q3 2014———
Q1 2014———
Q4 2014———
Q2 2014———
Q1 2013———
Q4 2013———
Q2 2012———
Q1 2012———
Q4 2011———
Q2 2011———
Q1 2011———

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