Netcapital Inc Q2 2026 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Todd Oberle - Insight Investments - Analyst : Hello, can you hear me, Rich?

Question: Todd Oberle - Insight Investments - Analyst : So regarding this past quarter, I know you're, newly hired CEO, but there was 51,000 revenues across, what I believe is 20 something employees. I've seen that 20 something reference in the past and -- so, maybe give me your outlook on what's the right employee count considering there's almost zero revenues in this company and not understand how they justified so many employees for so long when there's -- revenue being generated. So that's question one -- and the second question is similar to that and there's been a -- issued a brokerage au license for, I think around one year for the company, and has there been any revenue at all from reg A offerings to this point?

Question: Todd Oberle - Insight Investments - Analyst : Okay, so there's been no revenues to this point. Is that how I can take it from the broker dealer?

Question: Todd Oberle - Insight Investments - Analyst : And then I guess in terms of that employee count, so I guess the takeaway is employee count is going to stay the same, I know that the past is the past, but going forward, what is the right number considering the size of the company, the cash balance, the cash burn.