Forum Markets, Incorporated

Forum Markets reported second-quarter revenue of approximately $1.4 million, down from $2.9 million in the first quarter, as the company continued to shift its strategy toward income-producing real-world assets, expanded its aircraft-engine portfolio and outlined plans for an AI compute deployment expected to begin generating revenue in the fourth quarter. Chairman and Chief Executive Officer McAndrew Rudisill said the company is focused on acquiring and managing cash-flowing assets in markets with durable demand, while preserving the option to tokenize those assets as the market for tokenized real-world assets develops. Forum used approximately $31.3 million during the second quarter to repurchase about 7.1 million shares at an average price of $4.42 per share, including fees, reducing shares outstanding to approximately 13.2 million. The board extended the repurchase program through June 30, 2027, set aggregate authorization at $100 million and approved additional repurchase methods, including derivative transactions. Forum reported a net loss from continuing operations of approximately $12.4 million, improving from a $77.5 million loss in the first quarter, and reaffirmed full-year 2026 revenue guidance of $18 million to $22 million.