Northwire Canada EditionSaturday, July 25, 2026
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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Earnings

Edgewater Wireless Reports Fiscal 2026 Q2 Results and Advances PrismIQ(TM) Wi-Fi Spectrum Slicing(TM) Silicon Program

YFI · Price

Executive Summary

  • Edgewater Wireless reported a net loss of C$263,687 for the quarter ended Oct 31 2025 and C$623,643 for the six‑month period.
  • The company achieved a key PrismIQ™ milestone by completing RF front‑end packaging on schedule and on budget.
  • TSXV approved amendments to extend unsecured convertible debentures to Sept 1 2027 with an added acceleration feature tied to VWAP ≥ C$0.18 for 10 consecutive trading days.

Key Details

  • Financial Highlights (Quarter):
  • Cash balance: C$211,178.
  • Net loss: C$263,687.
  • Operating expenses: C$347,908.
  • Other income (FABrIC program reimbursement): C$48,499.
  • Financial Highlights (Six‑Month):
  • Net loss: C$623,643.
  • Operating expenses: C$707,644.
  • Other income (FABrIC program): C$120,559; grant receivable at period end: C$87,573.
  • Capital Structure (as of Oct 31 2025):
  • Common shares outstanding: 237,902,445.
  • Stock options outstanding: 17,895,000.
  • Warrants outstanding: 67,837,139.
  • Operational Milestones:
  • Initiated prototyping of an AI subsystem (in partnership with Arm) to boost edge‑centric Wi-Fi performance.
  • Completed RF front‑end packaging for the upcoming PrismIQ™ product family—on‑time and on‑budget.
  • Corporate & Governance Updates:
  • TSXV approved amendment extending unsecured convertible debentures to Sept 1 2027; added acceleration clause (conversion at Company’s election if VWAP ≥ C$0.18 for 10 consecutive days).
  • Shareholders approved all AGM resolutions, including the 2025 Equity Incentive Plan.
  • Board appointed Brian Imrie as Chair.
  • Visibility & Marketing Activities:
  • CEO Andrew Skafel invited to speak at Silicon Catalyst’s “Catalysts of Innovation” panel hosted with Arm at TSMC.
  • Participation announced for Accelerated: Canada’s Semiconductor Symposium 2025 (Nov 25‑26, Vancouver).
  • Engaged Winning Media LLC for a two‑month omnichannel digital marketing program – US$50,000, pending TSXV approval.

Notable Quotes

  • “Our progress this quarter reflects disciplined, capital‑efficient execution across our PrismIQ™ roadmap—advancing AI‑enabled capabilities and hitting key silicon program milestones,” — Andrew Skafel, President & CEO.
Read the original news release →

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