Quarterly ResultMay 15, 2026, 04:45 PM
Datavault AI Q1 Net Loss $(53.1M); Revenue $3.4M; Nasdaq Non-Compliant
AI Summary
Datavault AI Inc. reported a significant net loss of $53.1 million for Q1 2026, a substantial increase from $9.6 million in Q1 2025, despite revenue growing to $3.4 million from $0.6 million. The company also received a Nasdaq notification for non-compliance with the minimum bid price requirement. Operating expenses surged, and crypto asset holdings decreased significantly during the quarter, partially offset by cash raised through financing activities.
Key Highlights
- Net loss for Q1 2026 was $(53.1) million, compared to $(9.6) million in Q1 2025.
- Total net revenue increased to $3.4 million in Q1 2026 from $0.6 million in Q1 2025.
- Operating expenses rose to $31.1 million in Q1 2026 from $9.5 million in Q1 2025.
- Received Nasdaq non-compliance notice for minimum bid price on February 24, 2026.
- Acquired API Media Innovations Inc. on January 22, 2026, for $12.9 million cash.
- Crypto assets decreased to $57.1 million as of March 31, 2026, from $92.2 million at year-end 2025.
- Net cash used in operating activities was $(8.7) million in Q1 2026.
- Raised $29.9 million from an At-The-Market (ATM) program in Q1 2026.
Price Impact
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