NASDAQ : DVLT
Datavault AI Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 0.0719 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 68.29M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Datavault AI Inc. (DVLT) reported revenue of 46.86M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 46.86M | 39.09M | 2.67M | 2.08M | 3.37M | 6.54M |
| Cost of Revenue | 13.57M | 8.69M | 2.30M | 5.54M | 2.97M | 4.68M |
| Gross Profit | 33.28M | 30.40M | 376.00K | -3.46M | 395.00K | 1.86M |
| Selling, General & Admin | 77.90M | 45.88M | 13.70M | 10.54M | 11.29M | 8.14M |
| Research & Development | 22.88M | 16.50M | 7.82M | 7.46M | 7.14M | 5.24M |
| Operating Expenses | 100.78M | 62.38M | 21.51M | 18.00M | 18.44M | 13.38M |
| Operating Income | -67.49M | -31.98M | -21.14M | -21.46M | -18.04M | -11.51M |
| Interest Expense | -4.78M | -19.98M | -1.27M | -932.00K | -898.00K | -9.00K |
| Other Non Operating Income (Expenses) | -21.20M | -220.00K | -29.00M | 4.51M | 2.79M | -1.16M |
| EBT Excluding Unusual Items | -93.48M | -52.18M | -51.41M | -17.88M | -16.15M | -12.68M |
| Merger & Restructuring Charges | -500.00K | -500.00K | ||||
| Other Unusual Items | -20.59M | -26.31M | -837.00K | 859.00K | ||
| Pretax Income | -173.47M | -78.99M | -51.41M | -18.72M | -16.15M | -11.82M |
| Income Tax Expense | 5.00K | 4.00K | 2.00K | 2.00K | ||
| Net Income | -173.47M | -78.99M | -51.41M | -18.72M | -16.15M | -11.82M |
| Preferred Dividends & Other Adjustments | 16.32M | 6.36M | 1.23M | |||
| Net Income to Common | -173.47M | -78.99M | -67.73M | -25.08M | -16.15M | -13.05M |
| Shares Outstanding (Basic) | 447.77M | 152.58M | 4.20M | 52.66K | ||
| Shares Outstanding (Diluted) | 447.77M | 152.58M | 4.20M | 52.66K | ||
| EPS (Basic) | -0.39 | -0.52 | -16.14 | -476.32 | ||
| EPS (Diluted) | -0.39 | -0.52 | -16.14 | -476.32 | ||
| Free Cash Flow | -92.21M | -23.99M | -17.56M | -14.88M | -17.56M | -11.61M |
| Free Cash Flow Per Share | -0.21 | -0.16 | -4.18 | -282.51 | ||
| Gross Margin | 71.03% | 77.77% | 14.06% | -165.96% | 11.74% | 28.50% |
| Operating Margin | -144.03% | -81.80% | -790.50% | -1,030.10% | -536.23% | -175.98% |
| Profit Margin | -370.21% | -202.09% | -2,532.76% | -1,204.08% | -479.97% | -199.45% |
| Free Cash Flow Margin | -196.78% | -61.37% | -656.73% | -714.16% | -521.75% | -177.45% |
| EBITDA | -45.30M | -11.41M | -21.07M | -21.36M | -17.92M | -11.43M |
| EBITDA Margin | -96.67% | -29.18% | -174.77% | |||
| D&A For EBITDA | 22.19M | 20.57M | 70.00K | 98.00K | 122.00K | 79.00K |
| EBIT | -67.49M | -31.98M | -21.14M | -21.46M | -18.04M | -11.51M |
| EBIT Margin | -144.03% | -81.80% | -175.98% | |||
| Revenue as Reported | 46.86M | 39.09M | 2.67M | |||
| Advertising Expenses | 500.00K | 700.00K | 878.00K | 1.44M | 688.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.40M | 2.00M | 3.33M | 411.00K | 2.90M | 13.11M |
| Cash & Short-Term Investments | 1.40M | 2.00M | 3.33M | 411.00K | 2.90M | 13.11M |
| Accounts Receivable | 4.22M | 2.59M | 349.00K | 294.00K | 273.00K | 214.00K |
| Other Receivables | 24.04M | 30.00M | ||||
| Receivables | 30.16M | 32.59M | 349.00K | 294.00K | 273.00K | 214.00K |
| Inventory | 942.00K | 636.00K | 1.62M | 2.74M | 7.07M | 4.78M |
| Prepaid Expenses | 40.12M | 2.16M | 1.14M | 641.00K | 684.00K | 1.00M |
| Other Current Assets | 62.34M | 105.48M | 206.00K | 83.00K | ||
| Total Current Assets | 134.96M | 142.87M | 6.44M | 4.08M | 11.13M | 19.19M |
| Property, Plant & Equipment | 2.45M | 5.26M | 594.00K | 709.00K | 294.00K | 162.00K |
| Long-Term Investments | 1.89M | 4.30M | ||||
| Goodwill | 27.29M | 19.14M | ||||
| Other Intangible Assets | 100.23M | 94.82M | 92.58M | |||
| Other Long-Term Assets | 9.82M | 8.32M | 1.02M | 31.00K | 28.00K | 41.00K |
| Total Assets | 276.64M | 274.70M | 100.62M | 4.82M | 11.45M | 19.39M |
| Accounts Payable | 9.71M | 10.83M | 2.78M | 2.32M | 2.04M | 1.55M |
| Accrued Expenses | 6.75M | 5.93M | 1.06M | 1.30M | 1.42M | 1.42M |
| Short-Term Debt | 1.54M | 1.01M | ||||
| Current Portion of Long-Term Debt | 3.68M | 3.94M | ||||
| Current Portion of Leases | 967.00K | 640.00K | 106.00K | 169.00K | ||
| Current Unearned Revenue | 1.28M | 1.88M | 171.00K | 19.00K | 44.00K | |
| Other Current Liabilities | 3.34M | 2.65M | ||||
| Total Current Liabilities | 27.27M | 26.88M | 4.11M | 3.64M | 3.67M | 2.96M |
| Long-Term Debt | 5.92M | 9.57M | 457.00K | |||
| Long-Term Leases | 3.48M | 3.81M | 553.00K | 636.00K | 39.00K | |
| Other Long-Term Liabilities | 124.00K | 664.00K | 5.46M | 9.28M | 49.00K | |
| Total Liabilities | 30.75M | 36.73M | 14.90M | 9.73M | 13.45M | 3.01M |
| Common Stock | 87.00K | 59.00K | 5.00K | 1.00K | 7.00K | 2.00K |
| Additional Paid-In Capital | 764.41M | 615.36M | 384.17M | 241.88M | 226.32M | 228.58M |
| Retained Earnings | -518.60M | -377.44M | -298.45M | -247.04M | -228.32M | -212.20M |
| Total Common Equity | 245.89M | 237.97M | 85.73M | -5.16M | -2.00M | 16.38M |
| Shareholders' Equity | 245.89M | 237.97M | 85.73M | -4.91M | -2.00M | 16.38M |
| Total Liabilities & Equity | 276.64M | 274.70M | 100.62M | 4.82M | 11.45M | 19.39M |
| Total Debt | 9.67M | 15.31M | 10.23M | 636.00K | 665.00K | |
| Net Cash (Debt) | -8.27M | -13.31M | -6.90M | -225.00K | 2.23M | 13.11M |
| Net Cash Per Share | -0.02 | -0.09 | -1.64 | -4.27 | ||
| Filing Date Shares Outstanding | 949.73M | 614.31M | 64.20M | 1.67M | 13.12K | |
| Total Common Shares Outstanding | 854.46M | 573.44M | 52.03M | 222.38K | ||
| Working Capital | 107.69M | 115.99M | 2.33M | 446.00K | 7.46M | 16.22M |
| Book Value Per Share | 0.29 | 0.41 | 1.65 | -23.19 | ||
| Tangible Book Value | 118.37M | 124.02M | -6.85M | -5.16M | -2.00M | 16.38M |
| Tangible Book Value Per Share | 0.14 | 0.22 | -0.13 | -23.19 | ||
| Machinery | 2.60M | 1.94M | 787.00K | 752.00K | 630.00K | 919.00K |
| Leasehold Improvements | 309.00K | 280.00K | 127.00K | 40.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -173.47M | -78.99M | -51.41M | -18.72M | -16.15M | -11.82M |
| Depreciation & Amortization | 22.19M | 20.57M | 70.00K | 98.00K | 122.00K | 79.00K |
| Other Amortization | 2.52M | 1.73M | 1.26M | 850.00K | 879.00K | |
| Stock-Based Compensation | 15.35M | 6.26M | 2.98M | 2.06M | 2.03M | 1.42M |
| Other Operating Activities | 32.32M | 34.73M | 29.12M | -3.67M | -2.81M | 287.00K |
| Change in Accounts Receivable | -3.08M | -1.95M | -55.00K | -21.00K | -59.00K | -129.00K |
| Change in Inventory | 423.00K | 1.15M | 1.12M | 4.33M | -2.29M | -2.07M |
| Change in Accounts Payable | 4.07M | 7.44M | -228.00K | 278.00K | 493.00K | 877.00K |
| Change in Other Net Operating Assets | -49.97M | -14.54M | -379.00K | -28.00K | 270.00K | -152.00K |
| Operating Cash Flow | -90.74M | -23.61M | -17.53M | -14.83M | -17.51M | -11.51M |
| Capital Expenditures | -1.47M | -380.00K | -35.00K | -50.00K | -43.00K | -99.00K |
| Cash Acquisitions | -13.95M | -7.50M | -1.00M | |||
| Sale (Purchase) of Intangibles | -824.00K | -99.00K | ||||
| Other Investing Activities | -1.90M | -423.00K | ||||
| Investing Cash Flow | -18.44M | -7.88M | -1.56M | -50.00K | -43.00K | -99.00K |
| Short-Term Debt Issued | 600.00K | 597.00K | ||||
| Long-Term Debt Issued | 27.53M | 2.46M | ||||
| Total Debt Issued | 34.53M | 27.53M | 600.00K | 597.00K | 2.46M | |
| Short-Term Debt Repaid | -1.32M | -667.00K | -700.00K | |||
| Long-Term Debt Repaid | -2.94M | -1.67M | -1.54M | -29.00K | ||
| Total Debt Repaid | -13.80M | -4.26M | -667.00K | -2.37M | -1.54M | -29.00K |
| Net Debt Issued (Repaid) | 20.73M | 23.27M | -67.00K | -1.77M | 928.00K | -29.00K |
| Issuance of Common Stock | 90.89M | 7.51M | 28.34M | 12.53M | 6.42M | 17.33M |
| Repurchase of Common Stock | -2.32M | |||||
| Other Financing Activities | -1.71M | -623.00K | ||||
| Financing Cash Flow | 109.92M | 30.16M | 22.00M | 12.39M | 7.35M | 17.30M |
| Net Cash Flow | 738.00K | -1.33M | 2.92M | -2.49M | -10.21M | 5.69M |
| Free Cash Flow | -92.21M | -23.99M | -17.56M | -14.88M | -17.56M | -11.61M |
| Free Cash Flow Margin | -196.78% | -61.37% | -656.73% | -714.16% | -521.75% | -177.45% |
| Free Cash Flow Per Share | -0.21 | -0.16 | -4.18 | -282.51 | ||
| Levered Free Cash Flow | -124.23M | -124.77M | -8.90M | -6.34M | -10.47M | -7.32M |
| Unlevered Free Cash Flow | -123.76M | -114.01M | -9.37M | -6.61M | -10.78M | -7.31M |
| Cash Interest Paid | 874.00K | 874.00K | 274.00K | 256.00K | 229.00K | 3.00K |
| Cash Income Tax Paid | 4.00K | 4.00K | 4.00K | 4.00K | 2.00K | 2.00K |
| Change in Working Capital | -48.56M | -7.90M | 457.00K | 4.56M | -1.59M | -1.48M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 68.29M | 185.99M | 17.04M | 2.71M | 7.28M | 21.95M |
| Enterprise Value | 76.56M | 213.23M | 13.80M | 3.76M | 6.15M | 5.93M |
| Last Close Price | 0.07 | 0.65 | 2.05 | 17.53 | 1,616.99 | 20,849.90 |
| PS Ratio | 1.46 | 4.76 | 6.37 | 1.30 | 2.16 | 3.36 |
| PB Ratio | 0.25 | 0.78 | 0.20 | -0.55 | -3.65 | 1.34 |
| P/TBV Ratio | 0.58 | 1.50 | 1.34 | |||
| EV/Sales Ratio | 1.63 | 5.46 | 5.16 | 1.80 | 1.83 | 0.91 |
| Debt / Equity Ratio | 0.04 | 0.06 | 0.12 | -0.13 | -0.33 | |
| Net Debt / Equity Ratio | 0.03 | 0.06 | 0.08 | -0.05 | 1.12 | -0.80 |
| Net Debt / EBITDA Ratio | -0.18 | -1.17 | -0.33 | -0.01 | 0.12 | 1.15 |
| Net Debt / FCF Ratio | -0.09 | -0.56 | -0.39 | -0.01 | 0.13 | 1.13 |
| Asset Turnover | 0.24 | 0.21 | 0.05 | 0.26 | 0.22 | 0.43 |
| Inventory Turnover | 11.77 | 7.71 | 1.05 | 1.13 | 0.50 | 1.25 |
| Quick Ratio | 1.09 | 1.29 | 0.89 | 0.19 | 0.86 | 4.49 |
| Current Ratio | 4.95 | 5.32 | 1.57 | 1.12 | 3.03 | 6.47 |
| Return on Equity (ROE) | -108.43% | -48.81% | -127.23% | -224.62% | -97.32% | |
| Return on Assets (ROA) | -21.23% | -10.65% | -25.06% | -164.80% | -73.13% | -46.88% |
| Return on Capital Employed (ROCE) | -27.10% | -12.90% | -21.90% | -1,809.20% | -232.00% | -70.10% |
| Earnings Yield | -538.82% | -42.47% | -301.68% | -691.72% | -221.91% | -53.84% |
| FCF Yield | -135.03% | -12.90% | -103.05% | -549.65% | -241.23% | -52.87% |
| Buyback Yield / Dilution | -1,231.13% | -3,535.20% | -7,871.14% |