Scryb's Dec. 31 cash at $1.2-million

Mr. James Van Staveren reports SCRYB REPORTS POSITIVE Q1 2026: CASH INCREASED 50%, LIABILITIES DOWN 27%, REMAINS LARGEST SHAREHOLDER OF CYBEATS Scryb Inc. has filed its audited consolidated financial statements and management discussion and analysis for the fiscal quarter ended Dec. 31, 2025 (Q1 2026). The filings are available on SEDAR+. Q1 2026 highlights: Cash position improved by 50 per cent to $1.2-million (from $800,000 at Sept. 30, 2025), with working capital rising 68 per cent to approximately $2-million (from $1.2-million), providing enhanced liquidity and operational flexibility. Total liabilities fell 27 per cent to $1.9-million (from $2.6-million at Sept. 30, 2025), driven by debt repayments, government loan reductions and an early lease termination, reflecting aggressive balance sheet simplification. As of Feb. 24, total liabilities further reduced to roughly $900,000, a 52-per-cent drop from the quarter-end. Operating expenses for the quarter fell 82 per cent year over year to approximately $327,000 (from approximately $1.8-million) as the company transitioned to a leaner corporate structure. Monthly burn rate has reduced to approximately $100,000, with more areas for cost reduction planned throughout 2026. Scryb holds approximately 75 million Cybeats common shares, representing an approximately 36.5-per-cent ownership stake, with a market value of approximately $14-million based on a closing price of 18.5 cents per share on Feb. 24. "We firmly believe Scryb remains undervalued. Following substantial improvements to our balance sheet, the company continues to trade at a more than 50-per-cent discount to the net asset value (NAV) of our holdings. We are actively pursuing new high-conviction opportunities to build on our strengthened foundation and are enthusiastic about unlocking and demonstrating our long-term potential to the market throughout 2026," said James Van Staveren, chief executive officer of Scryb. Update on Cybeats partnership with Keysight Technologies On Feb. 24, Cybeats announced a partnership with Keysight, enabling integrated SBOM-driven (software bill of material) security workflows for enterprise customers. Keysight is a global leader with an approximately $50-billion (U.S.) market capitalization. This partnership represents a meaningful commercial development for Cybeats and reflects continued enterprise engagement. As Cybeats' largest shareholder, Scryb views this as a positive operational update for its most significant investment position. The financial statements discussed in this release are filed on SEDAR+ for more information. About Scryb Inc. Scryb invests in and actively supports a growing portfolio of innovative and high-upside ventures across the technology sector. We seek Safe Harbor.