Quarterly ResultAug 13, 2026, 05:18 PM
AudioEye Q2 Revenue $10.7M, Net Loss $(0.865)M
AI Summary
AudioEye reported an 8.7% increase in revenue for the second quarter of 2026, reaching $10.716 million. However, the company's net loss significantly widened to $(0.865) million, resulting in a net loss per share of $(0.07). Cash and cash equivalents improved to $8.717 million, partly due to additional drawdowns on its term loan, which now totals $17.0 million. The company remains in compliance with all debt covenants and has $7.45 million remaining in its share repurchase program.
Key Highlights
- Revenue for Q2 2026 increased to $10.716 million from $9.857 million in Q2 2025, a 8.7% increase.
- Net loss for Q2 2026 was $(0.865) million, compared to $(0.002) million in Q2 2025.
- Net loss per common share for Q2 2026 was $(0.07), compared to $(0.00) in Q2 2025.
- Cash and cash equivalents increased to $8.717 million as of June 30, 2026, from $5.288 million at December 31, 2025.
- Total liabilities increased to $31.658 million as of June 30, 2026, from $27.426 million at December 31, 2025.
- The company drew an additional $3.6 million on its term loan, bringing the total drawn to $17.0 million.
- Remaining $7.45 million available for share repurchases under the $12.5 million program.
Price Impact
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