Earnings release
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Exhibit 99.1 PRESS RELEASE CEA Industries Inc. Reports First Quarter Fiscal 2027 Financial Results • Holds 515,544 BNB tokens with a fair value of approximately $ 302.3 million at July 31 , 2026 Repurchased 1,434,112 shares of common stock for $ 3.8 million at an average price of $ 2.63 per share • • Reports first quarter fiscal 2027 net loss of $ 11.4 million , or $ ( 0.22 ) per diluted share LOUISVILLE , CO , September 11 , 2026 ( GLOBE NEWSWIRE ) -- CEA Industries Inc. ( Nasdaq : BNC ) ( “ CEA Industries , ” “ BNC , ” or the " Company " ) , a growth - oriented company focused on managing the world's largest corporate treasury of BNB , today announced its financial results for the first quarter of fiscal 2027 , ended July 31 , 2026 . First Quarter Fiscal 2027 Financial Highlights • • Net Loss : Reported a net loss of $ 11.4 million , or $ ( 0.22 ) per basic and diluted share . Results were driven primarily by a $ 15.3 million unrealized loss on digital assets , of which $ 15.0 million related to BNB , partially offset by a $ 10.0 million non - cash gain on the change in fair value of warrant liabilities . Digital Asset Holdings : At July 31 , 2026 , the Company held 515,544 BNB tokens ( 471,346 unrestricted and 44,198 pledged as loan collateral ) with a fair value of $ 302.3 million , unchanged in token count from April 30 , 2026. Including BTC and USDT positions , total digital assets had a fair value of $ 304.5 million and represented 93.1 % of total assets . • Treasury Yield : Generated $ 0.3 million of Airdrop income within the Binance ecosystem , reflecting a continued moderation in Airdrop , Launchpool and HODLer program activity across the ecosystem . • Revenue and Gross Profit : Revenue from the Retail and Industry segment was $ 7.2 million , compared to $ 7.5 million in the combined prior - year quarter , a decrease of 4.6 % driven primarily by the discontinuance of a product line at Fat Panda . Gross profit was $ 2.0 million , compared to $ 2.3 million in the combined prior - year period corresponding to the revenue decline . Operating Expenses : Total operating expenses were $ 23.2 million , including the $ 15.3 million unrealized loss on digital assets described above , $ 1.4 million of shareholder advisory expenses related to the activism campaign resolved in June 2026 and $ 1.1 million of management fees under the Asset Management Agreement . The Company does not expect to incur material additional shareholder advisory costs related to the resolved activism campaign . • Liquidity : Ended the quarter with $ 7.1 million of cash and cash equivalents , up from $ 3.1 million at April 30 , 2026. The Company drew $ 15.0 million of USDC under its master loan facility , secured by 44,198 BNB valued at $ 25.9 million at quarter end , without liquidating core treasury assets . Total debt outstanding was $ 16.8 million . The Company was in compliance with all debt covenants at July 31 , 2026 . • Share Repurchases : During the quarter , the Company repurchased and cancelled 1,434,112 shares of common stock at an average price of $ 2.63 per share for a total of $ 3.8 million under its $ 250 million share repurchase program authorized in September 2025 . • Balance Sheet : Total assets were $ 327.2 million and total shareholders ' equity was $ 289.4 million at July 31 , 2026. Shares of common stock outstanding were 41,173,850 , down from 42,607,962 at April 30 , 2026 resulting from the aforementioned share repurchases .