DarkIris Inc Reports Significant Financial Decline Amid Nasdaq Notification

DarkIris Inc's stock surged by 110.15% in pre-market trading as it crossed above the 5-day SMA, despite the broader market downturn with the Nasdaq-100 down 1.16% and S&P 500 down 0.79%.

The company reported a GAAP EPS of $0.52 and a revenue of $10.8 million for FY 2025, marking a significant decline in both revenue and profitability. Additionally, DarkIris faced a net loss of $8.64 million, a stark contrast to the previous year's net income of $1.10 million. The notification from Nasdaq regarding its trading status adds to the concerns about the company's financial health.

This financial performance raises questions about the sustainability of the stock's recent surge, as investor confidence may be shaken by the reported losses and the potential implications of the Nasdaq notification.