Every 10-Q that Brand Engagement Network Inc. (BNAI) has filed with the SEC in the last 24 months is listed below, 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 BNAI 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 BNAI filings page.
Brand Engagement Network Inc. reported very early-stage operating results for the quarter ended June 30, 2026, with revenue of $160,083 (including related-party revenue) and a net loss of $3.36 million. For the first six months of 2026, revenue was $264,394 and the net loss was $6.42 million, reflecting heavy spending on general and administrative costs and amortization of intangible assets.
Total assets increased to $30.7 million from $15.3 million at year-end, driven by the June 30 acquisition of Cataneo GmbH, which added $10.76 million of goodwill and $3.89 million of new intangible assets. Cash and cash equivalents were only $708,202, despite significant financing inflows, as operating activities used $5.61 million of cash and investing activities, including the Cataneo purchase and a $1.0 million strategic investment in Accelevate, used $9.80 million.
The company strengthened equity through stock sales and warrant exercises, lifting stockholders’ equity to $19.44 million, and repaid or converted some debt. However, management discloses that recurring losses, negative operating cash flows and limited liquidity raise substantial doubt about its ability to continue as a going concern without additional capital. BEN also notes ongoing litigation with AFG-related parties and an internal review of certain historical related-party matters, and highlights growth initiatives including the Cataneo media software platform, healthcare joint ventures, and international licensing partnerships.
Brand Engagement Network Inc. reported another quarterly loss while facing serious liquidity pressure. For the three months ended March 31, 2026, revenue was $104,311, still very small, and the company recorded a net loss of $3,060,977, narrower than a year earlier. Cash and cash equivalents rose to $1,801,011, supported by $5.5 million of financing cash inflows, mainly from warrant exercises and a private placement, but operations used $3,724,697 of cash. Management states that recurring losses, negative operating cash flow and limited cash raise substantial doubt about BEN’s ability to continue as a going concern and that additional capital will be needed. The company also announced a roughly $19.5 million agreement to acquire Cataneo GmbH and several strategic partnerships, which will require further funding to complete.
Brand Engagement Network Inc. (BNAI) reported continued losses and tight liquidity in its Q3 2025 10-Q. For the quarter ended September 30, 2025, revenue was $60,120, slightly above $50,000 a year earlier, but the company posted a net loss of $2,481,975 versus a $5,823,083 loss in the prior-year quarter. For the nine months, revenue was $75,120 compared with $99,790 in 2024, with net loss narrowing to $5,187,125 from $15,757,196.
Cash and cash equivalents were $102,715 as of September 30, 2025, against net cash used in operating activities of $5,344,393 for the nine months, and an accumulated deficit of $52,204,274. Management states that these factors, along with expected ongoing operating losses, raise substantial doubt about the company’s ability to continue as a going concern. To support liquidity, BNAI has relied on sales of common stock, warrant exercises, promissory and convertible notes, a $50,000,000 Standby Equity Purchase Agreement with Yorkville, and multiple securities purchase agreements, while also recording $3,611,388 of gain on debt extinguishment year-to-date.
Brand Engagement Network Inc. (BNAI) filed Amendment No. 1 to its Q2 2025 10-Q to add Exhibit 101 (XBRL), correct a minor typographical error, and update the exhibit index; no other disclosures were changed.
Operationally, the company reported Q2 net income of $905,080, primarily from a $3.96 million gain on debt extinguishment. Six-month results showed a net loss of $2.71 million on modest revenue ($5,000 in Q2; $15,000 year-to-date). Cash and cash equivalents were $20,356 at June 30, 2025, with total liabilities of $11.30 million and stockholders’ equity of $5.73 million.
The company disclosed substantial doubt about its ability to continue as a going concern. It was in default under a Yorkville promissory note and a $1.9 million Cohen convertible note as of June 30, 2025, and is negotiating with the counterparties. As of September 30, 2025, there were 44,880,795 common shares and 10,315,024 public warrants outstanding.
Brand Engagement Network (BNAI) filed its Q2 2025 10‑Q, showing a small quarterly profit driven by non-operating items alongside tight liquidity. The company reported net income of $905,080 for the three months ended June 30, 2025, primarily due to a gain on debt extinguishment of $3,959,054, while revenue was $5,000. For the first half of 2025, it posted a net loss of $2,705,150 on revenue of $15,000.
Operating cash use remained heavy, with net cash used in operating activities of $5,237,134 for the six months. Cash and cash equivalents were $20,356 at June 30, 2025. Total liabilities were $11,296,786 and stockholders’ equity was $5,725,146. The company disclosed a going concern uncertainty and noted defaults under a Yorkville promissory note and a convertible note, while negotiations are ongoing. Warrant liabilities declined to $494,873 from $919,050 at year-end, reflecting fair value changes.
Shares outstanding were 43,801,488 as of June 30, 2025; the company also describes equity arrangements, including a $50,000,000 Standby Equity Purchase Agreement, which is subject to market-based constraints.