BitFrontier Capital Holdings, Inc., doing business as UNLOCKD Inc., reported a 76% month-over-month revenue increase at its recently acquired subsidiary Ancient Extracts USA, with preliminary May 2026 revenue reaching approximately $22,344, up from $12,670 in April. The company also disclosed a purchase order received on June 2, 2026, representing approximately $58,823 in retail product value, with a wholesale order total of about $29,411.
Management emphasized that operations under UNLOCKD ownership began in mid-May following the acquisition closing, meaning the reported May revenue reflects only a partial month. The financial figures are preliminary, unaudited, and subject to adjustment.
CEO John P. Gorst noted the early integration phase but expressed encouragement by commercial momentum. "The combination of accelerating revenue, customer demand, and expanding distribution opportunities reinforces our belief that Ancient Extracts possesses many of the qualities that originally attracted us to this acquisition," he said. The company's focus remains on disciplined execution, strengthening operations, and expanding distribution to create long-term shareholder value.
Ancient Extracts USA offers a portfolio of functional mushroom products, ceremonial teas, cacao blends, matcha, shilajit, and wellness-focused consumer goods under the brand philosophy "Ancient Remedies for Modern Life." UNLOCKD believes the brand is well-positioned to benefit from growing consumer interest in functional mushrooms, adaptogens, and botanical wellness products.
Chairman and Chief Science Officer Dr. Jordan P. Balencic stated that the initial operating results reinforce conviction in the opportunity. "Our objective is straightforward: grow revenue, expand distribution, strengthen our portfolio of wellness assets, and execute with discipline," he said.
Separately, UNLOCKD's UNLOCKD Technologies division has begun preliminary planning for future consumer health technology opportunities, including early-stage evaluation of point-of-care testing concepts. Management has engaged in preliminary discussions with developers, suppliers, and potential strategic partners. These initiatives remain conceptual, and the company expects any future technology development to follow a milestone-driven approach with dedicated financing.
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