Stardust Power Q1 FY26 net loss widens 37% to $5.23 million

• Stardust Power posted a net loss of $5.23 million for the three months ended March 31, 2026, widening 37% from a year earlier, while reporting no revenue.
• Operating loss narrowed 31% to $3.98 million as general and administrative expense fell 31% to $3.98 million.
• Other expenses swung to a $1.25 million loss from $1.94 million income, driven by a $667,571 loss from changes in warrant liability and interest expense that more than doubled to $365,606.
• Cash used in operating activities improved to $2.07 million from $2.88 million, while net cash used in investing activities dropped to $174,836 from $960,332.
• Subsequent to quarter-end, Stardust Power signed a non-binding LOI for up to $150 million of project-level financing, received a Nasdaq notice tied to the $35 million market value of listed securities requirement, and said it received ODEQ air quality construction permit for Muskogee lithium refinery.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stardust Power Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023175), on May 14, 2026, and is solely responsible for the information contained therein.