on Nextech3D.ai (CVE:NTAR)
Nextech3D.ai Reports Q1 2026 Financial Results
Nextech3D.ai announced its Q1 2026 financial results, highlighting the highest ever gross margins of 90%, up from 74% in Q1 2025. General & Administrative expenses dropped 73% to $427,892, while Sales & Marketing expenses fell 63% to $146,467. The company reduced its operating loss by 70%, showing improvement towards profitability.
The company's AI-driven business model enabled a lean cost structure, with total operating expenses decreasing by over 60% year-over-year. Deferred revenue rose, supporting future financial visibility. Despite a decrease in revenue to $328,092 from $1,108,941 in Q1 2025, Nextech3D.ai remains optimistic about future profits.
Production is set to scale with a goal of exceeding 10,000 models per month by the end of 2025. The firm also forecasts doubling Map D platform revenue within a year. Strategic contracts and AI advancements are expected to drive profitability by 2026.
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