Sky Quarry Q1 FY26 net loss narrows to $2.32 million; net sales fall to $383

• Sky Quarry posted net sales of USD 383 for the three months ended March 31, 2026, down 100% from the year-earlier quarter, while net loss narrowed 30.4% to USD 2.32 million.
• Operating loss improved 39.76% to USD 1.6 million, as operating expenses fell 37% to USD 1.22 million.
• Interest expense dropped 62.96% to USD 333,989, while loss on extinguishment of debt widened to USD 269,396 from USD 56,660.
• Cash totaled USD 66,828 at quarter-end, with net cash used in operating activities improving to USD 588,631 from USD 1.96 million.
• Eagle Springs refinery repairs were completed, with operations expected by end of second-quarter 2026 and production expected to resume in June 2026, subject to feedstock procurement.

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. Sky Quarry 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: 0001096906-26-000807), on May 15, 2026, and is solely responsible for the information contained therein.