ModuLink Q2 2026: Going Concern Warning, $280K Loss, $300K Preferred Raise
MDLK sits 45% above its 52-week low of $0 on elevated volume (2.9× avg).
Summary
ModuLink's Q2 2026 filing shows a going concern warning, a $280K net loss, and a $300K preferred stock raise that only partially offsets cash burn.
Key Events · Earnings and Guidance · MDLK
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Going Concern Warning Reiterated
Substantial doubt about the company's ability to continue as a going concern is stated, citing an accumulated deficit of $4,415,377 and reliance on shareholder support and forbearance.
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Net Loss of $280,612
For the six months ended June 30, 2026, the net loss was $280,612, an improvement from $479,227 in the prior year, but still significant relative to the company's size.
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Cash Burn Continues
Net cash used in operating activities was $356,485 for the first half of 2026, leaving only $113,845 in cash as of June 30, 2026.
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$300K Preferred Stock Raise
The company raised $300,000 from the sale of 3,750 Series A Preferred shares at $80 per share, part of a planned $1 million offering.
Analysis · MDLK · Real Estate & Construction
The Q2 2026 report from ModuLink reiterates substantial doubt about its ability to continue as a going concern, with a net loss of $280,612 and cash used in operations of $356,485 for the first half. A $300,000 private placement of Series A Preferred Stock was completed, but it falls short of covering ongoing losses and obligations. The accumulated deficit has grown to $4.4 million, and the company depends on continued forbearance from Zenith (HK) and shareholder support to stay afloat. The acquisition of ASA Robotics contributed new AI healthcare revenue, yet the overall financial position remains precarious.
At the time of this filing, MDLK was trading at $0.00 on OTC in the Real Estate & Construction sector, with a market capitalization of approximately $1.7M. The 52-week trading range was $0.00 to $0.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.