Here are the 10-Q quarterly reports from Fabric.AI, Inc. (FABC) 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 FABC 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 FABC filings page.
Fabric.AI, Inc., formerly StableX Technologies, is undergoing a strategic transformation from electric vehicles and digital assets to a fabless semiconductor model focused on AI data‑center infrastructure. In April 2026 it entered a Joint Development and License Agreement with Kopin to co-develop the Neural I/o MicroLED-based optical interconnect, recognizing a $17.24 million indefinite‑lived license intangible.
For the quarter ended June 30, 2026, Fabric.AI reported no revenue, operating expenses of $3.33 million, and a net loss of $12.48 million, with results heavily influenced by fair value changes including an $8.04 million loss on an anti-dilution liability. Six‑month operating cash outflow was $7.22 million. Liquidity improved through $21.5 million of Series K preferred financing and $5.03 million of warrant exercises, lifting total assets to $49.71 million and working capital by $23.05 million. Management states that, despite ongoing losses, these financings and the current plan alleviate prior substantial doubt about going concern. Legacy digital-asset holdings were fully sold and electric‑vehicle assets were divested.
Fabric.AI, Inc. reported no revenue and a net loss of $2,414,475 for the quarter ended March 31, 2026, compared with net income of $845,011 a year earlier, driven largely by lower fair value gains and higher financing-related charges. Operating expenses were $1,701,055, including increased stock-based compensation.
Cash, cash equivalents and restricted cash were $3,374,102 at quarter-end, but subsequent financings lifted liquidity to about $30 million, leading management to conclude prior going concern doubts have been alleviated. As of May 14, 2026, there were 4,856,079 common shares outstanding.
The company has launched a strategic transformation into fabless AI semiconductor technologies, centered on the Neural I/o™ MicroLED-based optical interconnect developed under a Joint Development and License Agreement with Kopin Corporation, under which Fabric.AI may fund up to $15,000,000 for development. It exited its digital asset strategy with a $613,663 unrealized loss and has paused active electric vehicle commercialization while evaluating alternatives.