Meta Materials Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 2.03 million compared to USD 3.32 million a year ago. Net loss was USD 293.65 million compared to USD 20.98 million a year ago. Basic loss per share from continuing operations was USD 65 compared to USD 7 a year ago. Diluted loss per share from continuing operations was USD 65 compared to USD 7 a year ago.
For the six months, revenue was USD 3.44 million compared to USD 6.3 million a year ago. Net loss was USD 312.32 million compared to USD 39.42 million a year ago. Basic loss per share from continuing operations was USD 76 compared to USD 13 a year ago. Diluted loss per share from continuing operations was USD 76 compared to USD 13 a year ago.