Datavault AI Inc. SEC 10-Q Report
Datavault AI Inc., a leading provider of advanced data analytics and AI-driven solutions, has released its Form 10-Q report for the second quarter of 2025. The report highlights substantial growth in revenue and improvements in profitability, alongside strategic business developments and future outlooks.
Financial Highlights
Revenue, net: Datavault AI Inc. reported a net revenue of $1.735 million for the three months ended June 30, 2025, a significant increase from $0.345 million for the same period in 2024. This growth was primarily driven by the acquisition of CSI and increased sales in Live Events.
Gross profit (deficit): The company achieved a gross profit of $0.035 million for the three months ended June 30, 2025, compared to $0.011 million for the same period in 2024, indicating a slight improvement in profitability.
Loss from operations: Datavault AI Inc. reported a loss from operations of $(12.459) million for the three months ended June 30, 2025, compared to $(5.405) million for the same period in 2024. The increased loss was primarily due to higher operating expenses related to research and development and general and administrative costs.
Net loss: The net loss for the three months ended June 30, 2025, was $(37.116) million, compared to $(42.665) million for the same period in 2024. Despite higher interest expenses, the company managed to reduce its net loss.
Net loss per common share - basic and diluted: The net loss per common share was $(0.54) for the three months ended June 30, 2025, compared to $(11.89) for the same period in 2024. This reflects the impact of increased shares outstanding and a reduced net loss.
Business Highlights
Revenue Segments: Datavault AI Inc. generates revenue from three primary product categories: Consumer Audio Products, Components, and Live Events. For the three months ended June 30, 2025, revenue from Components was $258,000, Consumer Audio Products contributed $45,000, and Live Events generated $1,432,000. For the six months ended June 30, 2025, Components revenue was $750,000, Consumer Audio Products brought in $182,000, and Live Events accounted for $1,432,000.
Geographical Performance: The company operates globally, serving a worldwide customer base. While specific regional performance details are not explicitly provided, the revenue disaggregation by geography aligns with the nature and economic characteristics of its business.
New Product Launches: On May 20, 2025, Datavault AI Inc. acquired technology assets from CompuSystems, Inc. (CSI), expanding its offerings to include registration, data analytics, and lead management services for live events. This acquisition enhances the company's product portfolio.
Future Outlook: The company anticipates continued operating losses in the foreseeable future due to additional costs related to research and development, product portfolio expansion, and efforts to increase market share. Management intends to raise additional funds through equity or debt issuance to support operations.
SEC Filing: Datavault AI Inc. [ WISA ] - 10-Q - Aug. 19, 2025