• Freight Technologies posted a net loss of USD 7.9 million, widening 41% from prior year, as operating loss narrowed to USD 5.89 million.
• Revenue fell 4.9% to USD 13.06 million, with dedicated capacity down 32.9% to USD 3.42 million while freight transportation brokerage rose 11.5% to USD 9.63 million.
• Total cost and expenses declined to USD 18.96 million, led by an 8% drop in cost of revenue to USD 11.46 million.
• Other expense totaled USD 1.96 million, driven by a realized loss of USD 1.65 million on cryptocurrency sales.
• Management said it is shifting toward a software-first, AI-native model and is evaluating strategic alternatives for its online brokerage operations, including a potential sale.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freight Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023206), on May 14, 2026, and is solely responsible for the information contained therein.