Here are the 10-Q quarterly reports from AI Financial Corporation (AIFC) 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 AIFC 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 AIFC filings page.
AI Financial Corporation (AIFC) reports a very weak first half of 2026, driven by heavy exposure to WLFI crypto assets. For the 26 weeks ended June 27, 2026, revenue was $7.1 million, down from $11.9 million a year earlier, while the company recorded an unrealized loss on crypto assets of $633.4 million, cutting the fair value of WLFI holdings to $421.3 million from $1.05 billion at December 27, 2025.
The net loss from continuing operations was $499.7 million for the 26‑week period (versus $7.8 million), leading to a total net loss of $501.0 million and expanding the accumulated deficit to $903.7 million. Total equity attributable to shareholders fell to $668.4 million from $1.15 billion. Operating cash flow was negative $18.5 million, and the company ended with a working capital deficit of about $9.9 million and cash of $3.1 million.
To support liquidity, AIFC holds 7.28 billion WLFI tokens (cost basis $1.46 billion) that became fully transferable on August 12, 2026 and are eligible for use as collateral, staking, or lending. In January 2026, an indirect subsidiary entered into a $15 million non‑recourse loan secured by WLFI tokens, with proceeds intended for a stock buyback program. The company also completed the Block Street asset acquisition and continues integrating the 2025 Mswipe acquisition to expand its fintech platform, while the biotechnology segment is reported as discontinued operations.
A1 Financial Corporation reported a very weak quarter for the 13 weeks ended March 28, 2026, driven by its WLFI cryptocurrency holdings. Revenue was relatively flat at $4.7 million, but an unrealized loss of $348.3 million on WLFI tokens pushed net loss to $271.5 million, or $(2.14) per share.
Total assets fell to $959.7 million from $1.22 billion, mainly as WLFI fair value dropped to $706.4 million. The company ended the quarter with a working capital deficit of about $5.5 million and negative operating cash flow of $12.3 million. Management states that these conditions raise substantial doubt about its ability to continue as a going concern, despite a new $15 million loan from related party WLFI and the large WLFI token position.