Datavault AI Inc.
For the period ended Mar 31, 2025. Filed May 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.
Mar 31, 2025 · Filed May 14, 2025
DVLT$0.06+3.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Three Months Ended March 31, | ||||||
| | 2025 | 2024 | ||||
| | | | | | | |
| Revenue, net | | $629 | $255 | |||
| Cost of revenue | | 560 | 338 | |||
| Gross profit (deficit) | | 69 | (83) | |||
| Operating Expenses: | | | | |||
| Research and development | | 2,361 | 1,715 | |||
| Sales and marketing | | 1,495 | 929 | |||
| General and administrative | | 5,644 | 1,431 | |||
| Total operating expenses | | 9,500 | 4,075 | |||
| Loss from operations | | (9,431) | (4,158) | |||
| | | | | | | |
| Interest expense, net | | (120) | (1,265) | |||
| Change in fair value of warrant liabilities | | 17 | 8,129 | |||
| Other expense, net | | (29) | 1 | |||
| Income (loss) before provision for income taxes | | (9,563) | 2,707 | |||
| Provision for income taxes | | — | — | |||
| Net income (loss) | | | (9,563) | | 2,707 | |
| Deemed dividend on conversion of Series B preferred for common stock and repurchase of Series B preferred stock | | | — | | | (5,842) |
| Net loss attributable to common stockholders | | $(9,563) | | $(3,135) | ||
| Net loss per common share - basic and diluted | | $(0.18) | $(5.35) | |||
| Weighted average number of common shares used in computing net loss per common share | | 53,681,828 | 585,500 | |||
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