Datavault AI Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 14, 2025
DVLT$0.06-16.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| | | | | | | |
|---|---|---|---|---|---|---|
| · September 30, 2025 · December 31, 2024 | ||||||
| | (unaudited) | (1) | ||||
| Assets | | | ||||
| Current Assets: | | | ||||
| Cash and cash equivalents | | $1,683 | | $3,330 | ||
| Accounts receivable | | 509 | | 349 | ||
| Unbilled accounts receivable | | | 719 | | | 109 |
| Inventories | | 994 | | 1,618 | ||
| Crypto assets | | | 8,148 | | | — |
| Prepaid expenses and other current assets | | 4,473 | | 1,033 | ||
| Total current assets | | 16,526 | | 6,439 | ||
| Property and equipment, net | | 303 | | 58 | ||
| Intangible assets | | | 97,548 | | | 92,575 |
| Goodwill | | | 19,135 | | | — |
| Investments in non-marketable securities | | | 4,300 | | | — |
| Deposit for business combination | | | — | | | 1,000 |
| Other assets | | 846 | | 553 | ||
| Total assets | | $138,658 | | $100,625 | ||
| | | | | | | |
| Liabilities, Convertible Redeemable Preferred Stock and Stockholders’ Equity | | | | | ||
| Current Liabilities: | | | | | ||
| Accounts payable | | $5,190 | | $2,779 | ||
| Accrued liabilities | | 5,184 | | 1,334 | ||
| Short-term convertible notes | | | 12,167 | | | — |
| Short-term convertible note payable, related party | | | 747 | | | — |
| Short-term promissory notes | | | 873 | | | — |
| Total current liabilities | | | 24,161 | | | 4,113 |
| Convertible note payable, net, related party, net of current | | | 3,755 | | | 9,569 |
| Convertible notes | | | 10,450 | | | — |
| Other long term note payable | | | 127 | | | — |
| Warrant liabilities | | | 9 | | | 664 |
| Other liabilities | | | 648 | | | 553 |
| Total liabilities | | 39,150 | | 14,899 | ||
| | | | | | | |
| Commitments and contingencies (Note 10) | | | ||||
| | | | | | | |
| Series B convertible redeemable preferred stock, par value $0.0001; 375,000 shares authorized; 0 and 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | | | — | | | — |
| | | | | | | |
| Stockholders’ Equity: | | | ||||
| Common stock, par value $0.0001; 300,000,000 shares authorized; 217,201,387 and 52,034,060 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | | 22 | | 5 | ||
| Additional paid-in capital | | 477,592 | | 384,172 | ||
| Accumulated deficit | | (378,106) | | (298,451) | ||
| Total stockholders’ equity | | 99,508 | | 85,726 | ||
| Total liabilities, redeemable convertible preferred stock and stockholders’ equity | | $138,658 | | $100,625 | ||
| (1) | The condensed consolidated balance sheet as of December 31, 2024 was derived from the audited consolidated balance sheet as of that date. |
The accompanying notes are an integral part of these condensed consolidated financial statements
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.