Datavault AI Inc.
For the period ended Jun 30, 2026. Filed Aug 19, 2026.
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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.
Jun 30, 2026 · Filed Aug 19, 2026
DVLT$0.06+3.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows
For the six months ended June 30, 2026 and 2025
(in thousands)
| Six Months Ended June 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net loss | $(141,156) | $(46,679) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation | 10,891 | 1,799 |
| Depreciation and amortization | 6,449 | 4,825 |
| Amortization of debt discounts and paid-in-kind interest | 1,308 | 520 |
| Change in fair value of convertible debt | — | 7,595 |
| Fair value of equity warrants in interest expense | — | 16,657 |
| Loss on digital assets | 25,050 | — |
| Debt extinguishment | 1,725 | — |
| Impairment of investments in non-marketable securities | 58,906 | — |
| Shares payable to NYIAX | — | 1,088 |
| Change in fair value of warrant liability | (3,866) | (19) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (2,312) | (119) |
| Related party receivable | 5,960 | — |
| Unbilled accounts receivable | 1,084 | 21 |
| Inventories | (306) | 416 |
| Prepaid expenses and other current assets | (43,269) | 182 |
| Prepaid software | 1,473 | — |
| Other assets | 446 | 54 |
| Accounts payable | (2,404) | 962 |
| Related party payable | 146 | — |
| Accrued liabilities | 393 | (68) |
| Other liabilities | (481) | (65) |
| Net cash used in operating activities | (79,963) | (12,831) |
| Cash flows from investing activities: | ||
| Issuances of notes receivable | (2,000) | — |
| Repayment of note receivable | 100 | — |
| Cash paid for acquisition of API Media, net of cash | (12,949) | — |
| Cash paid for acquisition of CSI, net of cash | — | (6,500) |
| Purchases of property and equipment | (582) | (52) |
| Construction in progress | (555) | — |
| Purchases of intangible assets | (824) | — |
| Investment in non-marketable securities | (300) | — |
| Net cash used in investing activities | (17,110) | (6,552) |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
For the six months ended June 30, 2026 and 2025
(in thousands)
| Six Months Ended June 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from financing activities: | ||
| Proceeds from issuance of short-term debt | $2,000 | $— |
| Proceeds from issuing shares through an At-The-Market (ATM) program | 32,363 | — |
| Proceeds from issuance of common stock in connection with May Offering | 55,740 | — |
| Proceeds from issuance of convertible notes, net of issuance costs | — | 13,698 |
| Proceeds from issuance of common stock, net of issuance costs | — | 4,722 |
| Advances from related party | 18,700 | — |
| Debt issuance costs | (80) | — |
| Equity issuance costs | (1,626) | — |
| Repayments of notes payable | (6,688) | — |
| Repayments of convertible note payable, related party | (3,940) | (1,083) |
| Repurchase of common stock warrants | — | (622) |
| Net cash provided by financing activities | 96,469 | 16,715 |
| Net decrease in cash and cash equivalents | (604) | (2,668) |
| Cash and cash equivalents as of beginning of period | 2,004 | 3,330 |
| Cash and cash equivalents as of end of period | $1,400 | $662 |
| Non-cash Investing and Financing Activities: | ||
| ATM non-cash offering costs | 5,557 | — |
| Repayment of advances from related party with Bitcoin | 18,156 | — |
| Intangible assets acquired with issuance of common stock | 5,401 | — |
| Investment in Vivasor, Inc. through common stock issuance | 56,198 | — |
| Warrant dividend classified as liability | 3,972 | — |
| Capitalized acquisition costs | — | 117 |
| CompuSystems, Inc. Convertible Notes issued for CompuSystems, Inc. acquisition | — | 9,718 |
| Non cash common shares issued in CompuSystems, Inc. acquisition | — | 10,282 |
| Deposit paid in December 2024 used in CompuSystems, Inc. acquisition closing | — | 1,000 |
| Shares payable to NYIAX in share exchange agreement | — | 1,088 |
| Reclass liability warrant to equity | — | 15 |
| May 2025 10% note conversions | — | 1,545 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.