Dogness Reports Financial Results for the Six Months Ended December 31, 2025
Dogness (International) Corporation announced its unaudited financial results for the six months ended December 31, 2025. The company reported revenue of $7,710,901 for the period, a decrease from $12,085,711 in the same period of the previous year. Gross profit also decreased to $866,966 from $3,417,159. Operating expenses increased to $6,328,310, including an impairment of investment in an equity investee of $1,123,200. This resulted in a loss from operations of $5,461,344, compared to a loss of $2,185,231 in the prior year. The company reported a net loss of $5,175,002 for the six months ended December 31, 2025, and a comprehensive loss of $2,898,382. Basic and diluted loss per share was $(0.29). As of December 31, 2025, the company had total assets of $114,451,174 and total liabilities of $19,310,230, resulting in total equity of $95,140,944.