The Compa y will host a co fe e ce call a d webcast today at 8:30 AM Easte Time to eview esults, discuss ece t developme ts, a d a swe i vesto questio s.
Du i g the seco d qua te , A ive AI:
St e gthe ed its pa t e ship with Nexus AMR, whose site i t oduces hospitals to ew delive y tech ology, i cludi g A ive AI’s, th oughout the yea .
Co ti ued its pa t e ship with DXC, suppo ti g deployme t of the compa y’s tech ology i to pha maceutical ma ufactu i g e vi o me ts.
Expa ded e gageme t with Av ide, which became the co ti uity pa t e fo u ive sity campus delive y whe Sta ship exited that space a d expects to ope ate o mo e tha 20 campuses by yea e d.
Upg aded i f ast uctu e at Ha cock Regio al Hospital, the compa y’s a cho healthca e deployme t, i p epa atio fo a u it upg ade.
Adva ced its imp oved AP3 Plus platfo m a d is o t ack to have ove a doze u its to ship i Septembe , pulli g fo wa d A ive OS a d NIQ tech ology f om the compa y’s ext-ge e atio platfo m.
Co ti ued developme t of AP4, which is o t ack fo a fi st qua te 2027 lau ch, suppo ti g multi-te a t pickup a d delive y by auto omous mobile obots.
Co ti ued developme t of its ext-ge e atio APX platfo m, ta geti g a tech ology-showcase p ototype by the e d of 2027.
A ive AI appoi ted Piyush Phadke as its ew Chief Fi a cial Office , effective August 17, 2026, succeedi g Todd Pepmeie . M . Phadke b i gs a p ove t ack eco d as a public-compa y CFO, built o mo e tha two decades of capital ma kets expe ie ce, i cludi g se io oles at Ba k of Ame ica, BTIG, a d Jeffe ies befo e movi g i to executive fi a ce leade ship. His p og essio f om Wall St eet capital ma kets to executive leade ship oles gives A ive AI a se io fi a ce leade who u de sta ds both sides of the table as the compa y co ve ts its g owi g comme cial pipeli e i to du able fi a cial mome tum.
“A ive AI is at a impo ta t i flectio poi t,” said Da O’Toole, Fou de a d CEO of A ive AI. “We a e seei g comme cial i te est build ac oss healthca e, ma ufactu i g a d specialty pha macy delive y, a d we a e co ti ui g to st e gthe the tech ology platfo m behi d it all. Piyush u de sta ds both the oppo tu ity i f o t of us a d the wo k equi ed to captu e it. He is highly alig ed with ou visio , a d his capital ma kets expe ie ce will help the compa y build o this mome tum a d c eate lo g-te m sha eholde value.”
Reve ue was $14,700 fo the seco d qua te , compa ed to $90,725 i the seco d qua te of 2025; eve ue i the p io -yea pe iod i cluded a o – ecu i g co sulti g co t ibutio .
Net loss was $14.1 millio fo the seco d qua te , compa ed to a et loss of $3.7 millio i the seco d qua te of 2025. The i c ease was d ive p ima ily by a $9.7 millio o -cash loss o co ve sio of co ve tible otes payable.
Cash a d cash equivale ts we e $3.0 millio at qua te e d, with a additio al $2.2 millio i i vestme ts at fai value, fo a combi ed $5.2 millio . This compa es to $2.1 millio i cash at yea e d 2025.
Ope ati g cash outflow was app oximately $3.3 millio fo the seco d qua te , i li e with the same pe iod of 2025.
“Ou ope ati g cash use this qua te eflects delibe ate i vestme t i the team, tech ology, a d i f ast uctu e equi ed to co ve t ou comme cial pipeli e i to scaled ecu i g eve ue,” said Da O’Toole. “As we execute agai st this oppo tu ity, we have mea i gful fi a ci g optio ality a d will emai discipli ed i evaluati g paths that best suppo t the compa y’s lo g-te m st ategy a d sha eholde i te ests.”
Title: A ive AI I c. Q2 2026 Ea i gs CallDate: August 13, 2026Time: 8:30 AM EDT (Live Eve t)Du atio : 60 mi utesWebcast Li k: https://edge.media-se ve .com/mmc/p/ jf42jfk
If you a e a a alyst a d would like to joi the call to ask questio s, please co tact Allia ce IR at
A eplay of the call will be available afte the eve t o A ive AI’s website at a iveai.com/i vesto – elatio s.
Followi g ope i g ema ks f om Fou de a d CEO Da O’Toole, po tio s of the p epa ed comme ts will be delive ed usi g AI-assisted voice tech ology as pa t of the compa y’s co ti ued explo atio of p actical AI applicatio s i busi ess commu icatio s.
A ive AI (NASDAQ:ARAI) is buildi g the i f ast uctu e fo auto omous logistics th ough a etwo k of i tellige t delive y e dpoi ts that e able secu e, asy ch o ous excha ge of goods. The compa y’s platfo m suppo ts d o es, g ou d obotics, a d huma cou ie s, solvi g the “last i ch of the last-mile” challe ge ac oss logistics, healthca e, a d e te p ise delive y.
Tasha Jo es
Allia ce Adviso s IR
This ews elease a d stateme ts of A ive AI’s ma ageme t i co ectio with this elease o elated eve ts may co tai “fo wa d-looki g stateme ts” withi the mea i g of Sectio 21E of the Secu ities Excha ge Act of 1934, as ame ded, a d the P ivate Secu ities Litigatio Refo m Act of 1995.
Fo wa d-looki g stateme ts elate to futu e eve ts a d expected busi ess a d fi a cial pe fo ma ce a d ofte i clude wo ds such as “expects,” “a ticipates,” “i te ds,” “pla s,” “believes,” “pote tial,” “will,” “should,” “could,” “would,” “optimistic,” o “may,” a d simila exp essio s.
These stateme ts a e based o i fo matio available as of the date of this elease a d eflect ma ageme t’s cu e t views a d assumptio s. They a e ot gua a tees of futu e pe fo ma ce a d i volve k ow a d u k ow isks, u ce tai ties, a d othe facto s that may be beyo d the compa y’s co t ol.
Reade s a e cautio ed ot to place u due elia ce o fo wa d-looki g stateme ts, which speak o ly as of the date of this elease. Pote tial i vesto s should eview A ive AI’s SEC fili gs, i cludi g isk facto s, available at www.sec.gov.
A ive AI u de takes o obligatio to update fo wa d-looki g stateme ts to eflect eve ts o ci cumsta ces afte the date of this elease, except as equi ed by law.
Cash a d cash equivale ts | $ | 2,976,535 | $ | 2,104,004 | I vestme ts at fai value | 2,160,954 | – | Accou ts eceivable, et of allowa ce | 9,800 | 4,975 | I ve to y | 29,378 | – | P epaid expe ses | 462,859 | 189,878 | Othe cu e t assets | 12,325 | 12,325 | Total cu e t assets | 5,651,851 | 2,311,182 | P ope ty a d equipme t, et | 817,337 | 514,684 | Right of use assets – ope ati g leases | 1,926,885 | 2,117,284 | Pate ts, et of accumulated amo tizatio of $3,636 a d $2,603 | 271,064 | 272,097 | Defe ed offe i g costs | 3,475,514 | 5,650,185 | Othe assets | 301,257 | 65,633 | Total othe assets | 6,792,057 | 8,619,883 | $ | 12,443,908 | $ | 10,931,065 | Accou ts payable | $ | 249,611 | $ | 183,993 | Acc ued expe ses | 1,669,322 | 538,234 | Ope ati g lease liability | 424,215 | 392,950 | De ivative liabilities | 348,830 | 1,460,000 | Co ve tible ote payable, et of discou t a d debt issua ce costs of $1,842,184, a d $3,620,343, espectively | 3,460,834 | 4,144,657 | Note payable | 15,088 | 9,140 | Total cu e t liabilities | 6,167,900 | 6,728,974 | Ope ati g lease liability | 1,504,887 | 1,725,073 | Note payables, et of cu e t po tio | 31,563 | 1,418 | Total lo g te m liabilities | 1,536,450 | 1,726,491 | Total liabilities | 7,704,350 | 8,455,465 | – | – | Commo stock, $0.0002 pa value, 200,000,000 autho ized, 51,859,347 a d 34,213,387 issued a d outsta di g at Ju e 30, 2026 a d Decembe 31, 2025 | 10,371 | 6,841 | Additio al paid-i capital | 53,949,594 | 31,215,698 | Defe ed compe satio | (26,834 | ) | – | Accumulated deficit | (49,193,573 | ) | (28,746,939 | ) | Total stockholde s’ equity | 4,739,558 | 2,475,600 | $ | 12,443,908 | $ | 10,931,065 |
$ | 14,700 | $ | 90,725 | $ | 29,625 | $ | 90,725 | Ge e al a d admi ist ative | 4,048,851 | 3,474,059 | 8,258,917 | 5,369,038 | Resea ch a d developme t | 346,541 | 293,468 | 703,614 | 384,731 | Sales a d ma keti g | 72,064 | 49,602 | 183,414 | 57,263 | Total ope ati g expe ses | 4,467,456 | 3,817,129 | 9,145,945 | 5,811,032 | I te est expe se | (153,476 | ) | (168,080 | ) | (515,346 | ) | (169,257 | ) | Othe i come | 150,878 | 43,151 | 328,668 | 60,066 | Cha ge i fai value of de ivative liabilities | 93,053 | 190,000 | 1,222,822 | 190,000 | Acc etio of debt discou t | (128,946 | ) | (27,738 | ) | (379,915 | ) | (27,738 | ) | Loss o co ve sio of co ve tible otes payable | (9,696,797 | ) | – | (12,042,410 | ) | – | Realized gai (loss) o i vestme ts | (123,506 | ) | – | 322,818 | – | U ealized gai (loss) o i vestme ts | 241,136 | – | (260,976 | ) | – | Loss o disposal of fixed assets | (5,974 | ) | – | (5,974 | ) | – | Total othe i come (expe ses) | (9,623,632 | ) | 37,333 | (11,330,313 | ) | 53,071 | (14,076,388 | ) | (3,689,071 | ) | (20,446,633 | ) | (5,667,236 | ) | – | – | – | – | $ | (14,076,388 | ) | $ | (3,689,071 | ) | $ | (20,446,633 | ) | $ | (5,667,236 | ) | Basic a d diluted | $ | (0.28 | ) | $ | (0.12 | ) | $ | (0.47 | ) | $ | (0.18 | ) | Basic a d diluted | 50,057,185 | 31,543,921 | 43,150,562 | 30,637,620 |
Fo the Six Mo ths E ded Ju e 30, 2026 a d 2025 (U audited)
Net loss | $ | (20,446,633 | ) | $ | (5,667,236 | ) | Adjustme ts to eco cile et loss to et cash used i ope ati g activities | Stock-based compe satio | 1,846,078 | 2,032,723 | Dep eciatio a d amo tizatio | 121,553 | 17,118 | C edit loss expe se | 300 | – | Ope ati g lease liability – o -cash adjustme t | 1,478 | – | Cha ge i fai value of de ivative liabilities | (1,222,822 | ) | (190,000 | ) | Loss o co ve sio of co ve tible otes payable | 12,042,410 | – | Acc etio of discou t o co ve tible ote payable | 379,915 | 27,738 | Acc etio a d immediate expe si g of issua ce costs o co ve tible ote payable | 133,927 | 165,869 | Realized gai o i vestme ts | (322,818 | ) | – | U ealized loss o i vestme ts | 260,976 | – | Othe o -cash item | 16,515 | – | Cha ges i ope ati g assets a d liabilities | (I c ease) dec ease i | Accou ts eceivable | (5,125 | ) | (89,075 | ) | I ve to y | (29,378 | ) | – | P epaid expe ses | (272,981 | ) | (141,431 | ) | Othe cu e t assets | – | 971 | Othe assets | (235,624 | ) | – | I c ease (dec ease) i | Accou ts payable | 65,618 | 61,131 | Acc ued expe ses | 1,408,768 | (17,302 | ) | Net cash used i ope ati g activities | (6,257,843 | ) | (3,799,494 | ) | Capital expe ditu es | (439,688 | ) | (47,827 | ) | P oceeds f om sales of i vestme ts | 24,258,747 | – | Pu chase of i vestme ts | (26,299,029 | ) | – | Net cash used i i vesti g activities | (2,479,970 | ) | (47,827 | ) | P oceeds f om sale of commo stock, et | – | 444,360 | Taxes paid fo sha es withheld upo vesti g of est icted stock u its | (25,749 | ) | P oceeds f om the exe cise of wa a ts, et | – | 573,896 | P oceeds f om ote payables | 40,579 | – | Repayme ts of ote payables | (4,486 | ) | (4,187 | ) | P oceeds f om issua ce of co ve tible otes payable | 10,000,000 | 4,000,000 | Debt issua ce costs | (400,000 | ) | – | Defe ed offe i g costs | – | (688,570 | ) | Net cash p ovided by fi a ci g activities | 9,610,344 | 4,325,499 | NET INCREASE IN CASH AND CASH EQUIVALENTS | 872,531 | 478,178 | CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 2,104,004 | 129,318 | $ | 2,976,535 | $ | 607,496 | Cash paid fo : | I te est | $ | 4,310 | $ | 1,939 | I come taxes | $ | – | $ | – | Commo stock issued as payme t of offe i g costs | $ | – | $ | 6,927,869 | Commo stock issued i excha ge fo se vices | $ | 161,000 | $ | 1,204,737 | Commo stock issued fo co ve sio of co ve tible otes payable | $ | 20,807,755 | $ | – | De ivative liabilities eclassified as additio al paid-i capital upo co ve sio of co ve tible otes payable | $ | 2,257,179 | $ | – | Defe ed offe i g costs ecog ized as additio al paid-i capital upo fi a ci g d awdow | $ | 2,174,671 | $ | 871,882 | Cashless exe cise of stock optio s | $ | – | $ | 8,970 |
