EX-99.1 2 ea030236101ex99-1.htm PRESS RELEASE OF FLASH SPORTS & MEDIA HOLDINGS, INC. DATED AUGUST 18, 2026 Exhibit 99.1 Flash (NASDAQ: FLZH) Reports $266 million in Total Assets and $2.4 million in Cash at Second Quarter-End; $3.4 million of LPL Season 6 Fees Billed in Advance Second Quarter and First Half 2026 Highlights Total stockholders’ equity of $191.9 million at June 30, 2026, compared with a stockholders’ deficit of $45.2 million at December 31, 2025. Cash of $2.4 million at June 30, 2026, compared with $0.1 million at December 31, 2025. Financing activities generated $5.5 million of net cash during the first half of 2026. $3.4 million of Lanka Premier League Season 6 franchise, sponsorship and production fees were billed in advance and recorded as contract liabilities at June 30, 2026. These amounts are in addition to revenue generated during the season and are expected to be recognized as revenue in the third quarter of 2026 as the season is delivered. Legacy pre-merger business operations were classified entirely as discontinued operations. Loss from discontinued operations narrowed 90.1%, to $1 million for the first half of 2026 from $9.6 mil…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Flash Sports & Media Holdings, Inc.
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On August 18, 2026, Flash Sports & Media Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the second quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.…
Company context
Flash Sports & Media Holdings, Inc. is a sports and media company focused on the development and commercialization of cricket media, league-management, sponsorship and related sports-entertainment opportunities. Through its relationships and operating platforms, the Company is focused on professional cricket properties, media and broadcast opportunities, sponsorships, league operations and related commercial initiatives.
Current securities
Recent company filings
- Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Regulation FD DisclosureSep 29, 2026
- Regulation FD Disclosure · Other EventsSep 28, 2026
- Regulation FD DisclosureAug 26, 2026
- Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingAug 21, 2026
- DEFA14A filingAug 14, 2026