Here are the 10-Q quarterly reports from AI ERA Corp (AERA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AERA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AERA filings page.
AI Era Corp reported revenue of $7,168,497 for the nine months ended May 31, 2026, compared with $3,530,082 a year earlier, with significant contributions from licensing for broadcast and download, NFT and uFilm platforms, embedded marketing, consulting and AI‑training content.
Despite income from operations of $1,475,967, a $3,093,820 loss on change in fair value of warrant liabilities, a $98,998 gain on derivative liabilities and $209,964 of interest expense led to a net loss of $1,728,819, versus net income of $39,651 in the prior‑year period. Total assets increased to $10,128,469, driven mainly by intangible assets of $9,367,833 following extensive acquisitions of short‑form drama rights and AI technology, partly financed by $946,750 of convertible notes associated with a $538,415 derivative liability.
Current liabilities rose to $7,483,645, including a $4,432,209 warrant liability and $541,276 of deferred revenue, leaving stockholders’ equity of $2,644,824. Management discloses substantial doubt about the ability to continue as a going concern, citing limited cash of $115,836, an accumulated deficit of approximately $12.1 million and a working capital deficit of approximately $6.9 million, and plans to rely on a $30 million equity purchase agreement, additional financings and growth in AI‑related licensing revenues.
AI ERA CORP. reported sharply improved results for the three and six months ended February 28, 2026. Total revenue rose to $5.67 million for six months, up from $1.68 million a year earlier, driven mainly by licensing and AI‑related services. Net income reached $2.60 million versus $0.16 million in the prior‑year period, with basic EPS of $0.69 and diluted EPS of $0.65. The company expanded its library of short‑form drama and related IP, increasing intangible assets to $7.11 million. Despite these profits, management discloses an accumulated deficit of about $7.8 million, a working capital deficit of about $1.6 million, and substantial doubt about its ability to continue as a going concern, relying on equity lines, convertible notes and insider support for liquidity.