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AIxCrypto Holdings Reports Second Quarter 2026 Results

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AIxCrypto Holdings (Nasdaq: AIXC) reported second quarter 2026 results marked by the June 22 launch of RoboShare, an on-demand robot sharing and matchmaking marketplace, now the company’s top operating priority for the second half of 2026. Preparations are underway for a Los Angeles pilot targeting initial marketplace activity in August 2026. AIxCrypto also advanced internal testing of AI Agent capabilities, while sequencing its EAI Platform and RWA tokenization work behind RoboShare and winding down its legacy biotechnology business.

For Q2 2026, the company reported no revenue, operating expenses of $2.96 million (down 32% sequentially), and a net loss of $4.19 million versus $6.08 million in Q1. Cash and equivalents were $0.58 million and digital assets $5.21 million, with total assets of $7.40 million and stockholders’ equity of $5.68 million as of June 30, 2026. Total current liabilities fell 48% to $1.72 million, and there was no outstanding indebtedness or new share issuance in the quarter. In April, AIxCrypto completed a $12.0 million investment in Faraday Future Intelligent Electric (Nasdaq: FFAI) securities, held through an entrusted investment arrangement and recorded as parent company equity held at cost.

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Positive

  • Operating expenses down 32% QoQ to $2.96 million in Q2 2026
  • Sales and marketing expenses fell 87% QoQ to $85,715 after front-loaded launch spend
  • Net loss improved sequentially to $4.19 million from $6.08 million in Q1 2026
  • Current liabilities declined 48% to $1.72 million versus year-end 2025
  • No debt outstanding for borrowed money at June 30, 2026
  • Common shares flat QoQ at 20,234,993 with no new issuance in Q2

Negative

  • No revenue reported for the second quarter of 2026
  • Net loss of $4.19 million in Q2 and $10.27 million for six months 2026
  • Cash and equivalents dropped to $577,328 from $19.33 million at December 31, 2025
  • Total assets fell to $7.40 million from $31.28 million at year-end 2025
  • Stockholders’ equity decreased to $5.68 million from $27.95 million at December 31, 2025
  • Net cash used in operations was $7.94 million for the first half of 2026
  • Non-cash digital asset loss of $984,364 and $375,844 loss on Marizyme note settlement in Q2

News Explained

The release reports 577,328 dollars cash at June 30 alongside 7,939,909 dollars of six-month operating cash use, while RoboShare activity remains conditional.

AIxCrypto has launched RoboShare, but Los Angeles marketplace activity is still in preparation for a targeted August 2026 start; its asset-light model uses previously sold and third-party-owned robots as supply, without requiring the company to buy every robot listed.

The marketplace supports both whole-machine and service-based usage, and the company has introduced a City Partner program for local network operators.

AI Agent products are expected to begin generating revenue in the third quarter, while EAI Platform and RWA tokenization work remain on longer timelines and the previously indicated May dates should no longer be relied upon.

As of June 30, 2026, the release reports $577,328 cash and cash equivalents and $7,939,909 of net cash used in operating activities for the six months ended June 30.

The release directs readers to the August 7, 2026 Form 10-Q for additional liquidity, capital-resource, and going-concern considerations.

Sources and calculations

Market Context

The historical earnings set averaged -5.02% over 24-hour reactions, adding a cautionary benchmark to...
Analysis

The historical earnings set averaged -5.02% over 24-hour reactions, adding a cautionary benchmark to this 2Q26 report. Lower sequential costs were offset by ongoing losses, cash consumption, and moderate short positioning as risks to monitor.

Key Figures

Operating expenses: $2,959,325 Sales and marketing expenses: $85,715 Net loss: $4,187,605 +5 more
8 metrics
Operating expenses $2,959,325 2Q 2026; down 32% sequentially from $4,333,721
Sales and marketing expenses $85,715 2Q 2026; down 87% sequentially from $638,222
Net loss $4,187,605 2Q 2026; sequentially decreased from $6,079,016
Net loss per share $(0.21) 2Q 2026 basic and diluted
Cash and cash equivalents $577,328 June 30, 2026, compared with $19,332,707 at December 31, 2025
Digital assets $5,212,903 Fair value at June 30, 2026
Net cash used in operating activities $7,939,909 Six months ended June 30, 2026
Current liabilities $1,721,003 June 30, 2026; down from $3,329,237 at December 31, 2025

Previous Earnings Reports

5 past events · Latest: Apr 02 (Negative)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 02 4Q25 earnings Negative -5.5% Results included a $331 million full-year operating loss and Nasdaq compliance risks.
Mar 31 4Q25 earnings Negative -9.2% Quarterly results highlighted a $331 million full-year operating loss despite robotics progress.
Nov 13 3Q25 earnings Negative -4.7% Results reported a $206.8 million operating loss and $79.2 million cash outflow.
Aug 18 2Q25 earnings Negative -3.3% Quarterly results included a $48.1 million net loss and financing requirements.
May 08 1Q25 earnings Negative -2.5% Results reported a $43.8 million net loss and $20.3 million operating cash outflow.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The tag-specific record showed negative 24-hour reactions after all five earnings events, averaging -5.02%.

Key Terms

revenue-recognition requirements, fair-value remeasurement, entrusted investment agreement, weighted-average shares outstanding
4 terms
revenue-recognition requirements financial
"subject to operational readiness, execution, and applicable revenue-recognition requirements"
Rules that tell companies when and how to record sales and other income in their financial statements, often set by accounting standards such as GAAP or IFRS. These requirements determine whether a company recognizes revenue now or later — like rules for when to count money as earned versus just received — and matter to investors because they affect reported earnings, growth trends, and comparisons between companies.
fair-value remeasurement financial
"loss on digital assets attributable entirely to fair-value remeasurement"
Fair-value remeasurement is the accounting process of updating the reported value of an asset or liability to reflect its current market price or best estimate of what it could be sold for today. It matters to investors because these updates change a company’s reported profit, equity and financial ratios, similar to re-pricing items in a garage sale where new prices alter the total worth on the table and how attractive the seller appears financially.
entrusted investment agreement financial
"held indirectly through a third-party fiduciary under an entrusted investment agreement"
A legal contract where one party (the client or entrusting party) gives another party (the manager or trustee) authority to hold and invest money or assets on their behalf, specifying how the assets may be used, who makes decisions, fees, reporting and liability. It matters to investors because it clarifies who controls the assets, what investment actions are allowed, how performance and costs are measured, and what protections or risks exist—like signing a permission slip and rulebook for someone managing your money.
weighted-average shares outstanding financial
"on weighted-average shares outstanding of 20,286,192 and 14,030,150"
Weighted-average shares outstanding is the average number of shares of a company's stock that are available to investors over a specific period, adjusted for any changes like new share issues or buybacks. It matters to investors because it ensures that earnings and profits are accurately divided among all shareholders, providing a fair view of the company's profitability per share over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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RoboShare Introduced Successfully and Designated Top Operating Priority for the Second Half of 2026; Operating Expenses Decline 32% Sequentially

  • Introduced RoboShare, an on-demand robot sharing and matchmaking marketplace — an "Uber plus Turo for robots" — at Automate 2026 on June 22, 2026, available at RoboShare.com
  • Los Angeles pilot preparations underway; initial marketplace-facilitated activity targeted to begin in August 2026, with initial revenue anticipated beginning in the third quarter, subject to operational readiness, execution, and applicable revenue-recognition requirements
  • Total operating expenses of $2,959,325 decreased by 32% from $4,333,721 in the first quarter of 2026; sales and marketing expenses of $85,715 decreased by 87% from $638,222 in the first quarter of 2026 as front-loaded brand-launch spend rolled off
  • Total current liabilities declined by 48% to $1,721,003 from $3,329,237 at year-end 2025; no outstanding indebtedness at August 7, 2026
  • No new shares issued during the second quarter — common shares outstanding of 20,234,993 at June 30, 2026, unchanged from March 31, 2026; shares outstanding increased from 5,160,383 at December 31, 2025, principally through the first-quarter conversion of Series B preferred shares
  • Completed the $12.0 million Faraday Future securities investment in April 2026, held indirectly through a third-party fiduciary under an entrusted investment agreement

LOS ANGELES, Aug. 7, 2026 /PRNewswire/ -- AIxCrypto Holdings, Inc. (NASDAQ: AIXC) ("AIxC" or the "Company"), a Nasdaq-listed technology company building a three-layer architecture spanning the infrastructure, protocol, and application layers, today announced financial results for the second quarter ended June 30, 2026. The quarter marked the Company's transition from strategic planning toward focused execution, anchored by the June 22 launch of RoboShare at Automate 2026 and, in July, its designation as the Company's top operating priority for the second half of 2026.

"This quarter, we made a deliberate choice about focus. We launched RoboShare at Automate in June, and in July designated it as the Company's top operating priority for the second half of 2026, concentrating resources behind what we believe is our nearest path to revenue," said Jerry Wang, Chief Executive Officer. "The operational and platform insights generated through RoboShare are also expected to inform the continued development of our broader infrastructure capabilities.."

"The financial results for the second quarter mirror the operating narrative: progress toward commercialization, a declining cost base, and an unchanged share count," said Jay Sheng, President and Chief Financial Officer. "Our capital priorities are unchanged — commercialization of RoboShare and expense discipline — while maintaining disciplined liquidity and capital allocation."

Second Quarter 2026 and Recent Business Highlights

RoboShare — Marketplace Launch and Los Angeles Pilot. At Automate 2026, the Company introduced RoboShare, an on-demand robot sharing and matchmaking marketplace connecting robot owners with enterprises, educational institutions, and other users seeking flexible access to robotic equipment and services. The platform is available at RoboShare.com and supports both whole-machine and service-based usage; the Company also introduced the City Partner program for local network operators. Preparations for the Los Angeles pilot are underway across local sales, customer service, dispatch, warehouse and delivery logistics, operator training, and standardized operating procedures. During approximately the first ninety days, the Company intends to monitor cumulative usage days, repeat-customer activity, per-order economics, and overall operational readiness; decisions regarding expansion into additional markets, including Silicon Valley and New York, will depend on pilot performance, partner readiness, and local market conditions.

Robot Second Life Cycle. Alongside RoboShare, the Company introduced the Robot Second Life Cycle — the concept that a robot can continue creating value after its initial sale through utilization value, extended-use value, and network value. The model is intended to be asset-light: previously sold robots and robots supplied by third-party owners are being onboarded as available supply, allowing the marketplace to expand without requiring the Company to purchase all of the robots listed through the platform.

AI Agent and Ecosystem Development. The Company began initial internal enterprise testing of certain AI Agent capabilities in April, evaluating workflow integration and refining vertical use cases, and anticipates initial revenue generation beginning in the third quarter through Agentir products. The Company continues to advance selected proof-of-concept initiatives through strategic partnerships, including its collaboration with Faraday Future, its majority stockholder, as a lead ecosystem partner. The Company's EAI Platform and RWA tokenization work continue, but both are sequenced behind RoboShare and are moving on longer timelines. The Company is not attaching new dates at this time, and the timelines previously indicated in May should no longer be relied upon.

Legacy Portfolio Resolution. In May 2026, the Company completed the sale of all outstanding loan and creditor interests in all Marizyme promissory notes, eliminating its remaining Marizyme note exposure, and the Board approved the structured wind-down of the Company's legacy biotechnology business. In April 2026, the Company completed its $12.0 million investment in securities of Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI), held through an entrusted investment arrangement and presented as parent company equity held at cost within stockholders' equity.

Second Quarter 2026 Financial Summary

Total operating expenses were $2,959,325 for the second quarter of 2026, compared to $1,683,747 in the prior-year quarter, and declined 32% sequentially from $4,333,721 in the first quarter of 2026 as cost-normalization measures took effect. Sales and marketing expenses were $85,715, down from $638,222 in the first quarter, which carried front-loaded brand-launch investment. General and administrative expenses were $2,868,537, compared to $1,394,932 in the prior-year quarter. The current quarter amount included non-recurring director resignation fees of approximately $395,000, together with increases in wages, consulting fees, and legal fees as described in the Form 10-Q. Credit loss expense was zero, compared to $271,000 in the prior-year quarter.

Net loss was $4,187,605 for the second quarter of 2026, a sequential decrease from $6,079,016 in the first quarter of 2026, and compared to a net loss attributable to the Company of $1,687,003 in the prior-year quarter. The second-quarter loss included a $984,364 non-cash net loss on digital assets attributable entirely to fair-value remeasurement — the Company neither purchased nor sold digital assets during the quarter — and a one-time $375,844 loss on settlement of the Marizyme notes (presented in the Form 10-Q as loss on settlement of short-term note receivable). Net loss per share, basic and diluted, was $(0.21) for the quarter and $(0.73) for the six months, on weighted-average shares outstanding of 20,286,192 and 14,030,150, respectively.

Balance sheet. As of June 30, 2026, the Company had cash and cash equivalents of $577,328, compared to $19,332,707 at December 31, 2025, and digital assets with a fair value of $5,212,903, compared to $10,250,497 at December 31, 2025, for a combined carrying value of approximately $5.8 million. As stated in the Form 10-Q, the Company's digital assets are not classified as cash equivalents and are subject to significant market price volatility. Total assets were $7,402,799, compared to $31,279,846 at December 31, 2025.

In April 2026, the Company completed its $12.0 million investment in securities of Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI), held through an entrusted investment arrangement and presented as parent company equity held at cost within stockholders' equity.

Total stockholders' equity was $5,681,796, compared to $27,950,609 at December 31, 2025. Net cash used in operating activities was $7,939,909 for the six months ended June 30, 2026. Total current liabilities declined to $1,721,003 from $3,329,237 at December 31, 2025, driven principally by the reduction of related-party payables to $237,292 from $1,648,945. The Company had no outstanding indebtedness for borrowed money at June 30, 2026. Additional information regarding the Company's liquidity, capital resources, and going-concern considerations is set forth in the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.

Conference Call Information

AIxCrypto Holdings will host a conference call on Friday, August 7, 2026, at 7:30 PM Eastern Time to discuss its second quarter 2026 results. The call will be hosted by Jerry Wang, Chief Executive Officer, and Jay Sheng, President and Chief Financial Officer. Dial-in: 1-877-407-9716 or 1-201-493-6779. Webcast: https://callme.viavid.com/viavid/?$Y2FsbG1lPXRydWUmcGFzc2NvZGU9MTM3NTk1MzMmaD10cnVlJmluZm89Y29tcGFueSZyPXRydWUmQj02. A replay will be available on the Company's investor relations website.

About AIxCrypto Holdings, Inc.

AIxCrypto Holdings, Inc. (Nasdaq: AIXC) is a Nasdaq-listed technology company building a three-layer architecture spanning the infrastructure, protocol, and application layers. Through the convergence of AI Agents and Embodied AI (EAI) devices, AIXC is developing technology intended to enable heterogeneous intelligent entities—robots, smart vehicles, and other edge devices—to autonomously discover, collaborate, and execute tasks with one another without centralized intermediaries, driving the advancement of the Silicon Economy.

FORWARD-LOOKING STATEMENTS

This communication — including any presentation, press release, investor materials or other document of which it forms a part (this "Communication") — contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws, regarding AIxCrypto Holdings, Inc. ("AIxCrypto," the "Company," "us," "our," or "we") and our industry. All statements, whether written or oral, other than statements of historical fact — including any financial projections and any statements regarding future events, our strategy, plans, objectives, expectations, or anticipated actions or results — are forward-looking statements. You can often identify forward-looking statements by words such as "may," "might," "will," "shall," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "goal," "objective," "seeks," "likely," or "continue," or the negative of these terms or other similar expressions; the absence of these words does not mean a statement is not forward-looking. These statements reflect our current expectations and projections about future events as of the date of this Communication and are necessarily based on estimates and assumptions that, while considered reasonable by management, are inherently uncertain. AIxCrypto can give no assurance that such forward-looking statements or financial projections will prove to be correct.

Actual results may differ materially from those expressed or implied by these forward-looking statements as a result of numerous risks and uncertainties, both general and specific, including, but not limited to: business, economic, market and capital-market conditions; the heavily regulated industry in which we operate; current or future laws or regulations and new interpretations of existing laws or regulations; the inherent volatility and regulatory uncertainty associated with digital assets and cryptocurrencies; evolving money-transmission, payments and digital-asset regulatory requirements applicable to our payment and settlement arrangements; risks associated with the early-stage and beta nature of our operations, including our dependence on third-party merchants and service providers and our ability to scale our platform; risks related to our expansion into new markets, jurisdictions, services and operating modalities, including aerial and unmanned aircraft operations, and the regulatory approvals and clearances required for such operations; changes in market demand for, and the pricing of, our products and services; our relationships with our customers and business partners; our ability to successfully define, design and release new products in a timely manner that meet our customers' needs; competition in our industry; the failure of counterparties to perform their contractual obligations; systems, network, telecommunications or service disruptions, failures or cyber-attacks; our ability to obtain additional financing on reasonable terms or at all; litigation costs and outcomes; our ability to maintain and enforce our intellectual property rights and to defend against third-party claims of infringement; our ability to attract, retain and motivate qualified personnel; and our ability to manage our growth. This list of factors is not exhaustive. Additional risks and uncertainties are described more fully in our filings with the U.S. Securities and Exchange Commission (the "SEC"), including our Annual Report on Form 10-K for the year ended December 31, 2025 and our subsequent filings, which are available on the SEC's website at www.sec.gov.

The forward-looking statements in this Communication speak only as of the date hereof. Except as required by law, neither AIxCrypto nor any other person undertakes any obligation to update or revise any forward-looking statement or financial projection set out herein, whether as a result of new information, future events or otherwise. This Communication is provided for informational purposes only, does not constitute investment, tax or legal advice or any investment recommendation, and does not take into account the investment objectives or financial situation of any person. AIxCrypto reserves the right to amend or replace the information contained herein, in whole or in part, at any time, and undertakes no obligation to notify any recipient thereof. Readers are cautioned not to place undue reliance on these forward-looking statements. This caution is made under, and these forward-looking statements are intended to be covered by, the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

 

AIXCRYPTO HOLDINGS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)



Three Months
Ended

Three Months
Ended

Six Months
Ended

Six Months
Ended


June 30,

June 30,

June 30,

June 30,


2026

2025

2026

2025

Revenue

Expenses





General and administrative

$2,868,537

$1,394,932

$6,416,390

$3,889,464

Sales and marketing

85,715

723,937

Research and development

5,073

17,815

10,145

50,982

Credit loss expense – short-term note receivable

271,000

142,574

468,000

Total expenses

2,959,325

1,683,747

7,293,046

4,408,446

Loss from operations

(2,959,325)

(1,683,747)

(7,293,046)

(4,408,446)

Total other expense (income), net

1,228,280

1,670

2,973,575

(76,893)

Loss before provision for income taxes

(4,187,605)

(1,685,417)

(10,266,621)

(4,331,553)

Provision for income taxes

35

Net loss

(4,187,605)

(1,685,417)

(10,266,621)

(4,331,588)

Deemed dividend arising from warrant down-
round provision

(1,586)

(1,586)

Net loss attributable to AIxCrypto Holdings, Inc.

$(4,187,605)

$(1,687,003)

$(10,266,621)

$(4,333,174)

Net loss per common share, basic and diluted

$(0.21)

$(1.00)

$(0.73)

$(2.76)

Weighted-average shares outstanding, basic and
diluted

20,286,192

1,683,881

14,030,150

1,570,925


Components of total other expense (income), net are set forth in the Company's Form 10-Q for the quarter ended June 30, 2026.

 

CONDENSED CONSOLIDATED BALANCE SHEET DATA (UNAUDITED)



June 30, 2026

December 31, 2025

Cash and cash equivalents

$577,328

$19,332,707

Digital assets

5,212,903

10,250,497

Total current assets

6,337,008

30,954,770

Total assets

7,402,799

31,279,846

Total current liabilities

1,721,003

3,329,237

Parent company equity held at cost

(12,002,192)

Accumulated deficit

(150,294,071)

(140,027,450)

 

Cision View original content:https://www.prnewswire.com/news-releases/aixcrypto-holdings-reports-second-quarter-2026-results-302846387.html

SOURCE AIxCrypto

FAQ

What were AIxCrypto Holdings' (NASDAQ: AIXC) key financial results for Q2 2026?

AIxCrypto reported no revenue, a net loss of $4.19 million, and operating expenses of $2.96 million in Q2 2026. According to AIxCrypto, this reflected cost-normalization measures and included non-cash digital asset losses and a one-time loss on Marizyme note settlement.

Did AIxCrypto Holdings (AIXC) generate any revenue in the second quarter of 2026?

AIxCrypto reported no revenue for the second quarter of 2026. According to AIxCrypto, the period focused on launching RoboShare and advancing AI Agent testing while the company remained in pre-revenue commercialization and platform development stages.

What is RoboShare and why is it important for AIxCrypto Holdings (NASDAQ: AIXC)?

RoboShare is an on-demand robot sharing and matchmaking marketplace connecting robot owners with users needing robotic equipment and services. According to AIxCrypto, it launched June 22, 2026, and has been designated the company’s top operating priority for the second half of 2026.

How much did AIxCrypto Holdings (AIXC) invest in Faraday Future Intelligent Electric (NASDAQ: FFAI)?

AIxCrypto completed a $12.0 million investment in Faraday Future securities in April 2026. According to AIxCrypto, the stake is held through an entrusted investment arrangement and recorded as parent company equity held at cost within stockholders’ equity.

What was AIxCrypto Holdings' cash and digital asset position as of June 30, 2026 (AIXC)?

As of June 30, 2026, AIxCrypto held $577,328 in cash and equivalents and digital assets with a fair value of $5.21 million. According to AIxCrypto, total assets were $7.40 million and digital assets are subject to significant market price volatility.

Did AIxCrypto Holdings (NASDAQ: AIXC) issue new shares during Q2 2026, and what is the share count?

AIxCrypto issued no new shares in the second quarter of 2026. According to AIxCrypto, common shares outstanding were 20,234,993 at June 30, 2026, unchanged from March 31, 2026, after prior conversions of Series B preferred shares in Q1.

How did AIxCrypto Holdings' operating expenses and liabilities change in Q2 2026 (AIXC)?

Operating expenses fell 32% sequentially to $2.96 million, and total current liabilities declined 48% to $1.72 million versus year-end 2025. According to AIxCrypto, reductions reflected cost-normalization measures and lower related-party payables, with no outstanding indebtedness at quarter end.