Biddance AI Systems, Inc. reported unaudited consolidated revenue of $1,226,046 for the six months ended June 30, 2026, up 65.3% from $741,541 a year earlier. Hardware and equipment sales were $1,132,887, while tax-services revenue was $93,159, down from $124,612.
Gross profit was $201,211 versus $173,866, while gross margin was 16.4% compared with 23.4%. Net loss increased to $1,370,065 from $916,109; basic and diluted loss per ordinary share was $(0.16) versus $(0.11). Operating activities used $1,080,216 in cash, compared with $1,153,600 provided in 2025. Cash and equivalents were $17,088,014 at June 30, 2026, and share issuance provided $10,417,994.
The company changed its name from Hitek Global Inc. to Biddance AI Systems, Inc. on August 24, 2026, and its Class A trading symbol changed from HKIT to BDAI effective October 9, 2026. It completed the first closing of its Ju Fu acquisition in August and paid the $5,000,000 second-closing cash payment on October 16, 2026. The agreement provides for 4,000,000 Class A ordinary shares upon completion of the second closing and transfer; up to $3,000,000 of additional deferred cash consideration may become payable following the second closing, subject to performance targets.