Helio Corporation's Q2 2026 report for the period ending April 30, 2026, indicates a substantial decline in revenue for both the three-month and six-month periods compared to the previous year. The company experienced a 61% decrease in revenue for the three months ended April 30, 2026, totaling $457,316, down from $1,172,260 in the prior year. For the six months ended April 30, 2026, revenue fell by 63% to $952,866, compared to $2,599,836 in the same period last year. Operating expenses increased significantly for the six-month period by 63% to $3,904,623, primarily due to higher professional fees and general administrative expenses. The company reported a net loss of $1,645,957 for the three months ended April 30, 2026, and a net loss of $5,379,685 for the six months ended April 30, 2026. There is substantial doubt about the company's ability to continue as a going concern due to historical and expected operating losses and net operating cash flow deficits. The company is actively seeking additional debt and equity financing to sustain operations. As of April 30, 2026, the company had $464,720 in cash and cash equivalents.