Edge Total Intelligence posts 380% revenue jump in Q2 2026

Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) published a letter to shareholders from Chief Executive Officer Jason Nichols on October 13, 2026, outlining the company's financial results, strategy, and balance sheet position.

The Arlington, Virginia-based defense-technology company reported Q2 2026 revenue of $1.96 million, a 380% increase year over year and 16% quarter over quarter. First-half revenue reached $3.65 million, up 211% from the prior year period, with gross margin rising 19% year over year. U.S. segment revenue grew 135% during the quarter.

The company stated it has deferred approximately $2.9 million in debt payments to 2027, with convertible options tied to its existing 2025 convertible debentures, which convert and settle following a U.S. listing.

Edge Total Intelligence disclosed $1.2 million in contracts with Austal USA, which the company said positions its edgeCore platform within the U.S. Navy's additive-manufacturing supply chain. The company's technology is described as active inside Austal USA's Digital SEA supplier exchange and the U.S. Navy's Additive Manufacturing Center of Excellence.

The company was recognized in the Gartner Hype Cycle for Managing Operational Technology, 2026, and placed third in the ATI Horizons' Maritime Manufacturing Innovation Challenge at the Defense TechConnect Innovation Summit and Expo.

The company stated a goal of being engaged in 500 critical loops by 2030. Private equity firm Lotus Domaine LLC holds over 23 million shares on an as-converted basis and rejoined the board following the company's Annual General Meeting on September 25, 2026. Total insider ownership stands at 38.9%.

The shareholder letter follows news releases regarding debt modifications, asset impairments, and an amendment to Q2 financial statements filed October 9, 2026. The company noted material uncertainty about its ability to continue as a going concern in its financial statements.

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