Here are the 10-Q quarterly reports from Banzai International, Inc. Warrant (BNZIW) 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 BNZIW 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 BNZIW filings page.
Banzai International, Inc., which has rebranded its trade name to Parabolic and reorganized into three business units (ConnectAndSell, Banzai, and CreateStudio), reported materially weaker results for the six months ended June 30, 2026. Revenue was $4,969, down from $6,506 a year earlier, while the net loss widened to $13,382 from $11,572. Operating cash outflow was $9,366. After a 1-for-20 reverse stock split effective May 8, 2026, weighted average shares rose sharply due to significant share issuances and debt conversions.
As of June 30, 2026, the company held cash of $646 and total assets of $31,301, with total liabilities of $19,071 and stockholders’ equity of $12,230. The accumulated deficit increased to $114,154. Management states that recurring losses, negative operating cash flows, and limited cash raise substantial doubt about the ability to continue as a going concern absent additional equity or debt financing under arrangements such as the Yorkville SEPA and the ATM.
Banzai International reported a weak quarter and raised substantial doubt about its ability to continue as a going concern. Revenue for the three months ended March 31, 2026 was $2,696 thousand, down from $3,379 thousand a year earlier.
The company posted a net loss of $8,417 thousand versus $3,644 thousand, and used $5,501 thousand of cash in operating activities. Cash was only $137 thousand as of March 31, 2026, with an accumulated deficit of about $109,189 thousand.
Management plans to rely on additional debt and equity financings, including the Yorkville SEPA and an at-the-market program, but states these plans are not probable enough to remove going concern uncertainty.