Nano One Materials Swung to Comprehensive Loss in Q1
Nano One Materials (NANO.TO) said Friday it swung to a comprehensive loss in the first quarter from a year-ago.For the three months ended March 31, 2026, the company reported loss and comprehensive loss of $881,269 compared with income and comprehensive income of $2.7 million, a year-ago.On its financial position, the company said as at March 31, 2026, it had reported total net assets of $22.1 million, working capital of $22.3 million, and cash of $23.0 million. The $7.8 million in government funding received in Q1 2026 minimized the net use of cash for the period to less than $1.0 million. As of March 2026, Nano One had $25.3 million in undrawn government funding available, it added.Shares of the company closed down about 1% to $1.0 on Thursday on the Toronto Stock Exchange.