# California Nanotechnologies Revenue Rises 23% as Quarterly Loss Widens

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/42236
Published: 2026-10-28T01:56:47.000Z
Updated: 2026-10-28T01:56:47.000Z
Section: Business

> Gross profit was US$484,050, compared with US$482,720 a year earlier. Gross margin fell to 51% from 62%, while quarterly diluted EPS figures conflict.

California Nanotechnologies Corp. recorded US$956,794 in revenue for the three months ended Aug. 31, 2026, up 23% from a year earlier as its net loss widened.

Revenue in the year-earlier quarter was US$779,916. The net loss grew to US$359,148 from US$292,423.

Gross profit reached US$484,050, compared with US$482,720 a year earlier. Gross margin fell to 51% from 62%.

The quarterly diluted earnings per share (EPS) figures conflict: a loss of US$0.02 per share, a loss of US$0.01 per share and “nil.” The six-month diluted loss per share was US$0.02 for the period ended Aug. 31, 2026.

California Nanotechnologies secured more than US$2.5 million in purchase orders during Q3/FY2027.

The company processes metallurgical powders into parts and serves aerospace, defense, renewable energy and semiconductor markets.

CEO Eric Eyerman said, “We recently signed our single largest purchase order in the Company’s history in the small modular reactor (SMR) components industry.”