Quarterly ResultMay 14, 2026, 04:16 PM
MDB Capital Q1 Net Loss $(6.74)M; Operating Income Down to $44K
AI Summary
MDB Capital Holdings reported a net loss attributable to the company of $(6.74) million for the three months ended March 31, 2026, a slight increase from $(6.59) million in the prior year. Total operating income significantly decreased to $44 thousand from $828 thousand, primarily due to higher unrealized losses on investment securities. The company also experienced a substantial increase in net cash used in operating activities and a decrease in total assets and cash balances.
Key Highlights
- Net loss attributable to MDB Capital Holdings was $(6.74) million for Q1 2026, up from $(6.59) million YoY.
- Total operating income, net, decreased significantly to $44 thousand in Q1 2026 from $828 thousand in Q1 2025.
- Unrealized loss on investment securities from the licensed broker dealer increased to $(3.05) million in Q1 2026 from $(1.46) million YoY.
- Fee income from the licensed broker dealer increased to $2.86 million in Q1 2026 from $2.14 million YoY.
- Total assets decreased to $57.46 million at March 31, 2026, from $63.74 million at December 31, 2025.
- Net cash used in operating activities increased to $(2.95) million in Q1 2026 from $(1.26) million YoY.
- Cash, cash equivalents, and restricted cash ended at $12.53 million, down from $15.55 million at December 31, 2025.
- Loss per Class A common share remained at $(0.66) for both Q1 2026 and Q1 2025.