For the quarter ending 2025-09-30, DVLT made $2,904,000 in revenue. -$32,976,000 in net income. Net profit margin of -1135.54%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue, net | 2,904,000 | 1,735,000 | 629,000 | 668,500 |
| Cost of revenue | 2,809,000 | 1,700,000 | 560,000 | 574,500 |
| Gross profit | 95,000 | 35,000 | 69,000 | 94,000 |
| Research and development | 4,975,000 | 4,224,000 | 2,361,000 | 1,954,500 |
| Sales and marketing | 2,209,000 | 1,742,000 | 1,495,000 | 993,500 |
| General and administrative | 7,667,000 | 6,528,000 | 5,644,000 | 2,430,500 |
| Total operating expenses | 14,851,000 | 12,494,000 | 9,500,000 | 5,378,500 |
| Loss from operations | -14,756,000 | -12,459,000 | -9,431,000 | -5,284,500 |
| Interest expense, net | 864,000 | 17,202,000 | 120,000 | 318,000 |
| Change in fair value of warrant liabilities | - | -2,000 | -17,000 | 7,280,000 |
| Change in fair value of 2025 and q3 2025 notes measured at fair value | 10,772,000 | 8,804,000 | - | - |
| Change in fair value of convertible note to related party measured at fair value | 1,119,000 | -1,355,000 | - | - |
| Extinguishment of debt | -5,804,000 | - | - | - |
| Other income, net | 339,000 | -3,000 | -29,000 | 30,250 |
| Loss before provision for income taxes | -32,976,000 | -37,111,000 | -9,563,000 | -12,852,250 |
| Provision for income taxes | - | 5,000 | - | 0 |
| Net loss | -32,976,000 | -37,116,000 | -9,563,000 | -12,852,250 |
| Deemed dividend on issuance of common stock and warrants issued in connection with amendments to warrants to purchase common stock | - | - | - | 2,618,750 |
| Deemed dividend on conversion of series b preferred for common stock and repurchase of series b preferred stock | - | - | - | 1,460,500 |
| Net loss attributable to common stockholders | -32,976,000 | -37,116,000 | -9,563,000 | -16,931,500 |
| Earnings per share, basic | -0.33 | -0.54 | -0.18 | -4.035 |
| Earnings per share, diluted | -0.33 | -0.54 | -0.18 | -4.035 |
| Weighted average number of shares outstanding, basic | 101,110,635 | 68,174,418 | 53,681,828 | 1,049,321 |
| Weighted average number of shares outstanding, diluted | 101,110,635 | 68,174,418 | 53,681,828 | 1,049,321 |
Datavault AI Inc. (DVLT)
Datavault AI Inc. (DVLT)