Grass: The revenue on the books for the first half of this year is approximately 14.5276 million USD

The decentralized bandwidth sharing and AI data infrastructure project Grass announced that its wholly-owned subsidiary Grass DataCo Ltd. provides data infrastructure to cutting-edge model training AI laboratories and released an independent revenue verification completed by Regen Financial, covering until the second quarter of 2026. Grass stated that the revenue generated from customer contracts goes directly to Grass DataCo Ltd., rather than Wynd Labs; Wynd Labs is an independent vendor that assists in product development and engages in sales and marketing, and this structure is designed to keep DataCo's revenue within the Grass ecosystem.

The verification document shows that it reviewed 100% of the work orders for two periods and traced them back to cash receipts: Period One is from March 14, 2025, to December 31, 2025, with a reported revenue of approximately $17.5869 million, and cash receipts verified at approximately $16.2395 million; Period Two is from January 1, 2026, to June 30, 2026, with a reported revenue of approximately $14.5276 million, and cash receipts verified at approximately $11.3514 million. The total reported revenue for both periods is approximately $32.1145 million, with verified cash of approximately $27.5909 million, and the discrepancy of approximately $4.5236 million is explained as the portion that has not yet been independently confirmed through cash receipts as of the program date, largely related to long-term contract deliveries and an approximately 60-day payment cycle. The document also notes that this is a due diligence procedure and not an audit or assurance engagement, and it does not express an opinion on the overall financial statements.

Grass stated that it will reinvest most of its revenue back into the business; it has pre-purchased computing and storage for 2025, claiming that this move has reduced network operating expenses by an average of over $2.5 million per month, and it states that this is one of the direct reasons for achieving profitability at present. The project claims it will continue to build the ecosystem centered around tokens and will consider financial transparency as part of establishing trust with network participants and token holders.