Limitless X Reports Q1 Revenue Plunges 69% to $77.6K, Net Loss of $28.9M Continues
LIMX has more than doubled off its 52-week low of $0.15.
Summary
Limitless X reported Q1 2026 revenue plummeted 69.2% year-over-year to just $77.6K, alongside a net loss of $28.87 million. While the net loss improved from the prior year, the company continues to burn significant cash relative to its minimal revenue. This follows the 10-Q filing earlier today, which reiterated a going concern warning, underscoring severe financial distress and liquidity concerns.
At the time of this announcement, LIMX was trading at $0.79 on OTC in the Trade & Services sector, with a market capitalization of approximately $14.7M. The 52-week trading range was $0.15 to $4.37. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.