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Datavault AI Inc.
DVLTCIK 0001682149NasdaqNon-AcceleratedSmaller ReportingServices-Business Services, NecDelawareFY ends Dec 31
Period
FY 2025
Revenue
$39.09M
Net Income
$-78.99M
Total Assets
$274.70M
Equity
$237.97M
Shares Out
855.56M
Op. Cash Flow
$-23.60M
Business
Datavault AI Inc. is a technology licensing company that owns patented platforms for secure data management, valuation, and monetization. The company operates two primary divisions: Data Sciences, which develops SaaS platforms and AI-driven agents (Data Vault, DataValue, DataScore, Data Vault Bank) for data acquisition and monetization; and Acoustic Sciences, which delivers wireless audio technologies (WiSA HT, WiSA E) and data-over-sound innovations (ADIO) for audio transmission and secure data communication. The company licenses its technologies to OEMs, enterprise clients, and media companies globally, with recent strategic acquisitions including API Media and NYIAX to expand digital media and trading capabilities.
Summary from 10-K filed 2026-03-18
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total net revenue | 39 | 3 | — | — | — | |
| Total cost of net revenue | 9 | 2 | 6 | 3 | 5 | |
| Gross profit | 30 | 376,000 | −3 | 395,000 | 2 | |
| Research and development | 16 | 8 | 7 | 7 | 5 | |
| Sales and marketing | 11 | 4 | 5 | 6 | 4 | |
| General and administrative | 35 | 10 | 5 | 5 | 4 | |
| Total operating expenses | 63 | 22 | 18 | 18 | 13 | |
| Loss from operations | −32 | −21 | −21 | −18 | −12 | |
| Interest expense, net | −20 | −1 | −932,000 | −898,000 | −9,000 | |
| Change in fair value of convertible notes | −21 | — | — | — | — | |
| Change in fair value of convertible note to related party | 97,000 | — | — | — | — | |
| Change in fair value of warrant liability | 19,000 | −29 | 5 | 3 | 0 | |
| Loss on debt extinguishment | −6 | — | −837,000 | — | — | |
| Other expense, net | −239,000 | 121,000 | −1,000 | −12,000 | −11,000 | |
| Loss before provision for income taxes | −79 | −51 | −19 | −16 | −12 | |
| Provision for income tax expense | 5,000 | 0 | 4,000 | 2,000 | 2,000 | |
| Net loss | −79 | −51 | −19 | −16 | −12 | |
| Deemed dividend on conversion of Series B preferred for common stock and repurchase of Series B preferred stock | — | −6 | −6 | — | — | |
| Deemed dividend on issuance of common stock and warrants issued in connection with amendments to warrants to purchase common stock | — | −11 | — | — | — | |
| Net loss attributable to common stockholders | −79 | −68 | −25 | −16 | −13 | |
| Net loss per common share- basic (in dollars per share) | −0.52 | −16.14 | −476.31 | −82.89 | −105.2 | |
| Net loss per common share- diluted (in dollars per share) | −0.52 | −16.14 | −476.31 | −82.89 | −105.2 | |
| Weighted average number of common shares used in computing net loss per common share - Basic (in shares) | 153 | 4 | 52,656 | 194,852 | 124,016 | |
| Weighted average number of common shares used in computing net loss per common share - Diluted (in shares) | 153 | 4 | 52,656 | 194,852 | 124,016 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2 | 3 | 411,000 | 3 | 13 | |
| Accounts receivable | 888,000 | 349,000 | 294,000 | 273,000 | 214,000 | |
| Related party receivable | 30 | — | — | — | — | |
| Unbilled accounts receivable | 2 | — | — | — | — | |
| Inventories | 636,000 | 2 | 3 | 7 | 5 | |
| Crypto assets | 92 | — | — | — | — | |
| Deferred offering costs | 6 | 0 | — | — | — | |
| Prepaid software license, current | 8 | — | — | — | — | |
| Prepaid expenses and other current assets | 2 | 1 | — | — | — | |
| Total current assets | 143 | 6 | 4 | 11 | 19 | |
| Property and equipment, net | 606,000 | 58,000 | 93,000 | 174,000 | 162,000 | |
| Intangible assets | 95 | 93 | — | — | — | |
| Goodwill | 19 | — | — | — | — | |
| Prepaid software license, noncurrent | 7 | — | — | — | — | |
| Investment in non-marketable securities | 4 | — | — | — | — | |
| Deposit for business combination | 1 | 1 | — | — | — | |
| Other assets | 5 | 553,000 | 647,000 | 148,000 | 41,000 | |
| Total assets | 275 | 101 | 5 | 11 | 19 | |
| Accounts payable | 11 | 3 | 2 | 2 | 2 | |
| Accrued liabilities | 11 | 1 | 1 | 2 | 1 | |
| Due to related party | 98,000 | — | — | — | — | |
| Short-term convertible note payable, related party | 4 | — | — | — | — | |
| Short-term promissory notes | 1 | — | — | — | — | |
| Total current liabilities | 27 | 4 | 4 | 4 | 3 | |
| Warrant liabilities | 9,000 | 664,000 | 5 | 9 | 8,000 | |
| Other liabilities | 4 | 553,000 | 636,000 | 39,000 | 41,000 | |
| Total liabilities | 37 | 15 | 10 | 13 | 3 | |
| Common stock, par value $0.0001; 2,020,000,000 shares authorized; 573,438,153 and 52,034,060 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 59,000 | 5,000 | 1,000 | 7,000 | 2,000 | |
| Additional paid-in capital | 615 | 384 | 242 | 226 | 229 | |
| Accumulated deficit | −377 | −298 | −247 | −228 | −212 | |
| Total stockholders' equity | 238 | 86 | −5 | −2 | 16 | |
| Total liabilities and stockholders' equity | 275 | 101 | 5 | 11 | 19 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 6 | 3 | 2 | 2 | 1 | |
| Depreciation and amortization | 10 | 70,000 | 98,000 | 122,000 | 79,000 | |
| Amortization of debt discounts and paid-in-kind interest | 2 | 1 | — | — | — | |
| Change in fair value of 10% convertible notes | 21 | — | — | — | — | |
| Fair value remeasurement of crypto assets | −171,000 | — | — | — | — | |
| Loss on sale of crypto assets | 567,000 | — | — | — | — | |
| Fair value of equity warrants in interest expense | 17 | — | — | — | — | |
| NYIAX | 595,000 | — | — | — | — | |
| Loss reserve | 925,000 | — | — | — | — | |
| Accounts receivable | −539,000 | −55,000 | −21,000 | −59,000 | −129,000 | |
| Related party receivable | −30 | — | — | — | — | |
| Unbilled accounts receivable | −1 | — | — | — | — | |
| Inventories | 1 | 1 | 4 | −2 | −2 | |
| Crypto assets | 10 | — | — | — | — | |
| Prepaid expenses and other current assets | −1 | −349,000 | — | — | — | |
| Prepaid software | −2 | — | — | — | — | |
| Other assets | −4 | 93,000 | 87,000 | 105,000 | — | |
| Accounts payable | 7 | −228,000 | — | — | — | |
| Due to related party | 2 | — | — | — | — | |
| Accrued liabilities | 7 | −41,000 | −207,000 | 104,000 | 26,000 | |
| Other liabilities | 3 | −82,000 | −60,000 | −135,000 | — | |
| Net cash used in operating activities | −24 | −18 | −15 | −18 | −12 | |
| Issuance of note receivable | — | −423,000 | — | — | — | |
| Deposit for business combination | −1 | −1 | — | — | — | |
| Payments for business acquisition | −7 | — | — | — | — | |
| Purchases of property and equipment | −380,000 | −35,000 | −50,000 | −43,000 | −99,000 | |
| Purchases of intangible assets | — | 99,000 | — | — | — | |
| Net cash used in investing activities | −8 | −2 | −50,000 | −43,000 | −99,000 | |
| Proceeds from issuance of notes payable | 28 | — | — | — | 0 | |
| Proceeds from issuance of common stock, net of offering costs | 5 | — | — | — | 8 | |
| Proceeds from issuance of common stock in connection with warrant exercise | — | 8 | 13 | — | — | |
| Proceeds from issuance of common stock, prefunded warrants and warrants, net of issuance costs | — | 20 | — | — | — | |
| Proceeds from issuance of short-term loan, net of issuance costs | — | 600,000 | 597,000 | — | — | |
| Proceeds from exercise of warrants | — | 714,000 | 13 | 6 | 0 | |
| Repurchase of Series B preferred stock | — | −6 | — | — | — | |
| Repurchase of short term loan | — | −667,000 | −700,000 | — | — | |
| Issuance of securities in Big Lake transaction | 3 | — | — | 2 | 0 | |
| Repayment of convertible note payable, related party | −3 | — | — | — | — | |
| Payments on short-term debt | −1 | — | — | — | — | |
| Other equity issuances | 250,000 | — | — | — | — | |
| Repurchase of common stock warrants | −623,000 | — | −2 | — | — | |
| Net cash provided by financing activities | 30 | 22 | 12 | 7 | 17 | |
| Net decrease in cash and cash equivalents | −1 | 3 | −2 | −10 | 6 | |
| Cash paid for interest | 874,000 | 274,000 | 256,000 | 229,000 | 3,000 | |
| Cash paid for income taxes | 4,000 | 4,000 | 4,000 | 2,000 | 2,000 | |
| Reclassification of liability warrants to equity warrants | — | 42 | — | — | — | |
| Issuance of warrant liability in connection with financing | — | 9 | — | — | — | |
| Deemed dividend on conversion of Series B preferred stock and repurchase of Series B preferred stock | — | 6 | — | — | — | |
| Derecognition of Series B preferred stock liability warrants | — | 824,000 | — | — | — | |
| Issuance of stock-based compensation to vendors | — | 600,000 | — | — | — | |
| Warrant exercise in connection with loan settlement | — | 333,000 | — | — | — | |
| Issuance of common stock in connection with Series B preferred stock | — | 325,000 | — | — | — | |
| Unpaid financings issuance costs | — | 269,000 | — | — | — | |
| Issuance of common stock and convertible note payable in connection with the acquisition of intangible assets | — | 92 | — | — | — | |
| Unpaid intangible assets acquisition costs | — | 476,000 | — | — | — | |
| Cashless exercise of warrants | — | 587,000 | 8 | — | — | |
| Reclassification of equity warrants to liability warrants | — | 645,000 | — | — | — | |
| Cumulative effect of adoption of ASU 2020-06 | — | 116,000 | — | — | — | |
| Common Stock issued in exchange for crypto assets | 118 | — | — | — | — | |
| Convertible notes issued for CSI acquisition | 10 | — | — | — | — | |
| Non cash common shares issued in CSI acquisition | 10 | — | — | — | — | |
| Issuance of common stock to NYIAX | 5 | — | — | — | — | |
| Issuance of warrants with the 2025 Notes | 17 | — | — | — | — | |
| Issuance of common stock for waiver shares | 5 | — | — | — | — | |
| Common stock issued for intangibles | 3 | — | — | — | — |
Filings
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Frequently asked questions
What is Datavault AI Inc.'s CIK number?
Datavault AI Inc.'s SEC CIK number is 0001682149 (1682149). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Datavault AI Inc.'s SEC filings?
All of Datavault AI Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Datavault AI Inc. last report earnings?
Datavault AI Inc. (DVLT) most recently filed an earnings 8-K with the SEC on May 15, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-061850). This is Datavault AI Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Datavault AI Inc.'s most recent earnings 8-K?
Datavault AI Inc.'s latest earnings 8-K (Item 2.02) was filed May 15, 2026 under accession 0001104659-26-061850. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Datavault AI Inc.'s latest earnings 8-K →
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