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Enhanced Ltd disclosed a net loss of $26,661,677 for the year ended December 31, 2025, according to audited financial statements filed in an 8-K.
BDO USA, P.C., which has served as the company's auditor since 2025, issued a going concern qualification, citing recurring operating losses as raising substantial doubt about the company's ability to continue as a going concern.
The loss widened from $4,699,469 reported in 2024. Net loss per share moved from $0.05 to $0.27, the release shows, as weighted-average shares outstanding rose to 100,418,167 from 90,539,124.
Balance sheet: liabilities now exceed assets Total assets stood at $32,099,048 as of December 31, 2025, against total liabilities of $33,147,340, leaving Enhanced Ltd in a stockholders' deficit of $1,048,292.
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