AUSTIN, Texas (June 16, 2026) – Doofus Corporation, a Delaware corporation (“Doofus” or the “Corporation”), announces its financial results for the first quarter ended March 31, 2026.
The Corporation reported no revenue for the quarter ended March 31, 2026 and a net loss of $1,324,754, compared to a net loss of $36,262 for the same period in 2025. Net loss per share (basic and diluted) was $0.00216, compared to $0.00007 for the first quarter of 2025. The increase in net loss was primarily attributable to a non-cash loss on deconsolidation of $1,239,525 recognized in connection with the sale of Roguehog Corporation to a related party and the subsequent deconsolidation of that entity.
Loss from operations was $85,229 compared to $55,532 for the same period in 2025. Excluding the non-cash loss on deconsolidation, the Corporation's activities during the quarter remained focused on data procurement, marketing, product development, and the expansion of its operational capabilities.
The Corporation's Quarterly Report for the quarter ended March 31, 2026 contains additional information regarding its financial condition and results of operations.
You can find the First Quarter 2026 Financial Report here.
Doofus periodically provides important information for investors on its corporate website at doofus.xyz, including announcements, financial reports, SEC filings, corporate governance information, and updates relating to the Corporation’s annual meeting of shareholders.
Doofus is a multinational corporation focused on developing and managing technology-related products and services. Additional information about Doofus is available on the Corporation’s website here.
This announcement may contain forward-looking statements. Forward-looking statements are based on current expectations, estimates, projections, and assumptions regarding future events and are not guarantees of future performance. These statements involve risks and uncertainties that could cause actual results, performance, or developments to differ materially from those expressed or implied, including, among other things, the Corporation’s ability to execute its business strategy, develop and commercialize its products, obtain or maintain financing, respond to competitive pressures, and general economic, regulatory, and market conditions. Doofus undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable law, and forward-looking statements speak only as of the date they are made, with readers cautioned not to place undue reliance on such statements.
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