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How Jayride’s $200K Convertible Notes and Thai SaaS Deal Could Reshape Its Future

6:04pm on Tuesday 17th of February, 2026 AEDT Technology
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How Jayride’s $200K Convertible Notes and Thai SaaS Deal Could Reshape Its Future

6:04pm on Tuesday 17th of February, 2026 AEDT
Key Points
  • Quarterly loss reduced to $399,026 from $853,411
  • Revenue declined sharply due to pricing changes and supplier payment delays
  • Operating expenses cut by more than half to $508,521
  • Raised $200,000 via convertible notes from investors and director
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