New Horizon Aircraft Ltd. saw an increased net loss in Q2 2026 due to higher research and development spending as it ramped up engineering and design for its full-scale prototype. Operating expenses rose year-over-year, offset slightly by lower general and administrative costs. Despite no revenue, the company ended the quarter with over $24 million in cash.

La compañía continúa en fase de desarrollo sin ingresos, pero fortaleció su posición de liquidez gracias a una colocación de acciones y ejercicios de warrants por más de $11 millones CAD.

New Horizon Aircraft Ltd. posted positive EPS in Q4 2025 due to a CAD $21.4M gain on the termination of a forward purchase agreement. The company remains in the pre-revenue phase as it advances development of its Cavorite X7 aircraft.