Every 10-Q that Fusemachines Inc. (FUSE) 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 FUSE 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 FUSE filings page.
Fusemachines Inc., an enterprise AI solutions provider that went public via a SPAC merger in October 2025, reported Q2 2026 revenue of $1,794 thousand, down from $2,034 thousand a year earlier, and a Q2 net loss of $2,849 thousand, versus $3,786 thousand in Q2 2025.
For the first six months of 2026, revenue was $3,673 thousand with a net loss of $3,721 thousand. Cash and cash equivalents fell to $368 thousand at June 30, 2026, after $3,511 thousand of cash was used in operating activities. Total assets were $3,172 thousand against total liabilities of $20,526 thousand, resulting in a stockholders’ deficit of $17,354 thousand, driven in part by an $8,084 thousand forward purchase derivative liability. Management disclosed that recurring losses, limited cash, and negative operating cash flows raise substantial doubt about the company’s ability to continue as a going concern without additional equity or debt financing.
Fusemachines Inc. reports first-quarter 2026 results showing continuing losses and liquidity pressure. Revenue was $1.88 million for the three months ended March 31, 2026, compared with $1.95 million a year earlier, while the net loss widened to $0.87 million.
Cash and cash equivalents fell to $1.77 million from $4.22 million at December 31, 2025, driven by $2.22 million of cash used in operating activities. Total liabilities were $19.98 million against a stockholders’ deficit of $15.03 million, including a $8.10 million forward purchase derivative liability.
Management states that recurring losses, negative operating cash flows and an accumulated deficit of $36.10 million raise substantial doubt about the company’s ability to continue as a going concern. A new $20 million committed equity facility with Roth Principal Investments offers potential funding, but no proceeds have been drawn and the related S-1 is not yet effective.
Fusemachines Inc. (formerly CSLM Acquisition Corp.) reported a sharp increase in losses ahead of its business combination. For the quarter ended September 30, 2025, the SPAC posted a net loss of $19.8 million, compared with a loss of $0.1 million a year earlier, driven mainly by a $17.6 million financing expense and a $1.3 million loss from changes in the fair value of a forward purchase agreement liability. For the first nine months of 2025, net loss was $22.1 million, versus net income of $0.4 million in the prior-year period.
At September 30, 2025, the company held $12.3 million of assets, including $12.3 million of marketable securities in its trust account, against $43.9 million of current liabilities, resulting in a shareholders’ deficit of $42.6 million and a working capital deficit of $37.2 million. Only 901,955 Class A shares remained subject to redemption after multiple extension votes and redemptions. Management disclosed substantial doubt about the company’s ability to continue as a going concern, though on October 22, 2025 it completed the Business Combination with Fusemachines, issuing $200 million in new common stock consideration and additional shares to public holders, PIPE investors and noteholders.