Connect with us

Technology

AIxCrypto Holdings Reports Second Quarter 2026 Results

Published

on

RoboShare Introduced Successfully and Designated Top Operating Priority for the Second Half of 2026; Operating Expenses Decline 32% Sequentially

Introduced RoboShare, an on-demand robot sharing and matchmaking marketplace — an “Uber plus Turo for robots” — at Automate 2026 on June 22, 2026, available at RoboShare.com
Los Angeles pilot preparations underway; initial marketplace-facilitated activity targeted to begin in August 2026, with initial revenue anticipated beginning in the third quarter, subject to operational readiness, execution, and applicable revenue-recognition requirements
Total operating expenses of $2,959,325 decreased by 32% from $4,333,721 in the first quarter of 2026; sales and marketing expenses of $85,715 decreased by 87% from $638,222 in the first quarter of 2026 as front-loaded brand-launch spend rolled off
Total current liabilities declined by 48% to $1,721,003 from $3,329,237 at year-end 2025; no outstanding indebtedness at August 7, 2026
No new shares issued during the second quarter — common shares outstanding of 20,234,993 at June 30, 2026, unchanged from March 31, 2026; shares outstanding increased from 5,160,383 at December 31, 2025, principally through the first-quarter conversion of Series B preferred shares
Completed the $12.0 million Faraday Future securities investment in April 2026, held indirectly through a third-party fiduciary under an entrusted investment agreement

LOS ANGELES, Aug. 7, 2026 /PRNewswire/ — AIxCrypto Holdings, Inc. (NASDAQ: AIXC) (“AIxC” or the “Company”), a Nasdaq-listed technology company building a three-layer architecture spanning the infrastructure, protocol, and application layers, today announced financial results for the second quarter ended June 30, 2026. The quarter marked the Company’s transition from strategic planning toward focused execution, anchored by the June 22 launch of RoboShare at Automate 2026 and, in July, its designation as the Company’s top operating priority for the second half of 2026.

“This quarter, we made a deliberate choice about focus. We launched RoboShare at Automate in June, and in July designated it as the Company’s top operating priority for the second half of 2026, concentrating resources behind what we believe is our nearest path to revenue,” said Jerry Wang, Chief Executive Officer. “The operational and platform insights generated through RoboShare are also expected to inform the continued development of our broader infrastructure capabilities..”

“The financial results for the second quarter mirror the operating narrative: progress toward commercialization, a declining cost base, and an unchanged share count,” said Jay Sheng, President and Chief Financial Officer. “Our capital priorities are unchanged — commercialization of RoboShare and expense discipline — while maintaining disciplined liquidity and capital allocation.”

Second Quarter 2026 and Recent Business Highlights

RoboShare — Marketplace Launch and Los Angeles Pilot. At Automate 2026, the Company introduced RoboShare, an on-demand robot sharing and matchmaking marketplace connecting robot owners with enterprises, educational institutions, and other users seeking flexible access to robotic equipment and services. The platform is available at RoboShare.com and supports both whole-machine and service-based usage; the Company also introduced the City Partner program for local network operators. Preparations for the Los Angeles pilot are underway across local sales, customer service, dispatch, warehouse and delivery logistics, operator training, and standardized operating procedures. During approximately the first ninety days, the Company intends to monitor cumulative usage days, repeat-customer activity, per-order economics, and overall operational readiness; decisions regarding expansion into additional markets, including Silicon Valley and New York, will depend on pilot performance, partner readiness, and local market conditions.

Robot Second Life Cycle. Alongside RoboShare, the Company introduced the Robot Second Life Cycle — the concept that a robot can continue creating value after its initial sale through utilization value, extended-use value, and network value. The model is intended to be asset-light: previously sold robots and robots supplied by third-party owners are being onboarded as available supply, allowing the marketplace to expand without requiring the Company to purchase all of the robots listed through the platform.

AI Agent and Ecosystem Development. The Company began initial internal enterprise testing of certain AI Agent capabilities in April, evaluating workflow integration and refining vertical use cases, and anticipates initial revenue generation beginning in the third quarter through Agentir products. The Company continues to advance selected proof-of-concept initiatives through strategic partnerships, including its collaboration with Faraday Future, its majority stockholder, as a lead ecosystem partner. The Company’s EAI Platform and RWA tokenization work continue, but both are sequenced behind RoboShare and are moving on longer timelines. The Company is not attaching new dates at this time, and the timelines previously indicated in May should no longer be relied upon.

Legacy Portfolio Resolution. In May 2026, the Company completed the sale of all outstanding loan and creditor interests in all Marizyme promissory notes, eliminating its remaining Marizyme note exposure, and the Board approved the structured wind-down of the Company’s legacy biotechnology business. In April 2026, the Company completed its $12.0 million investment in securities of Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI), held through an entrusted investment arrangement and presented as parent company equity held at cost within stockholders’ equity.

Second Quarter 2026 Financial Summary

Total operating expenses were $2,959,325 for the second quarter of 2026, compared to $1,683,747 in the prior-year quarter, and declined 32% sequentially from $4,333,721 in the first quarter of 2026 as cost-normalization measures took effect. Sales and marketing expenses were $85,715, down from $638,222 in the first quarter, which carried front-loaded brand-launch investment. General and administrative expenses were $2,868,537, compared to $1,394,932 in the prior-year quarter. The current quarter amount included non-recurring director resignation fees of approximately $395,000, together with increases in wages, consulting fees, and legal fees as described in the Form 10-Q. Credit loss expense was zero, compared to $271,000 in the prior-year quarter.

Net loss was $4,187,605 for the second quarter of 2026, a sequential decrease from $6,079,016 in the first quarter of 2026, and compared to a net loss attributable to the Company of $1,687,003 in the prior-year quarter. The second-quarter loss included a $984,364 non-cash net loss on digital assets attributable entirely to fair-value remeasurement — the Company neither purchased nor sold digital assets during the quarter — and a one-time $375,844 loss on settlement of the Marizyme notes (presented in the Form 10-Q as loss on settlement of short-term note receivable). Net loss per share, basic and diluted, was $(0.21) for the quarter and $(0.73) for the six months, on weighted-average shares outstanding of 20,286,192 and 14,030,150, respectively.

Balance sheet. As of June 30, 2026, the Company had cash and cash equivalents of $577,328, compared to $19,332,707 at December 31, 2025, and digital assets with a fair value of $5,212,903, compared to $10,250,497 at December 31, 2025, for a combined carrying value of approximately $5.8 million. As stated in the Form 10-Q, the Company’s digital assets are not classified as cash equivalents and are subject to significant market price volatility. Total assets were $7,402,799, compared to $31,279,846 at December 31, 2025.

In April 2026, the Company completed its $12.0 million investment in securities of Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI), held through an entrusted investment arrangement and presented as parent company equity held at cost within stockholders’ equity.

Total stockholders’ equity was $5,681,796, compared to $27,950,609 at December 31, 2025. Net cash used in operating activities was $7,939,909 for the six months ended June 30, 2026. Total current liabilities declined to $1,721,003 from $3,329,237 at December 31, 2025, driven principally by the reduction of related-party payables to $237,292 from $1,648,945. The Company had no outstanding indebtedness for borrowed money at June 30, 2026. Additional information regarding the Company’s liquidity, capital resources, and going-concern considerations is set forth in the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026.

Conference Call Information

AIxCrypto Holdings will host a conference call on Friday, August 7, 2026, at 7:30 PM Eastern Time to discuss its second quarter 2026 results. The call will be hosted by Jerry Wang, Chief Executive Officer, and Jay Sheng, President and Chief Financial Officer. Dial-in: 1-877-407-9716 or 1-201-493-6779. Webcast: https://callme.viavid.com/viavid/?$Y2FsbG1lPXRydWUmcGFzc2NvZGU9MTM3NTk1MzMmaD10cnVlJmluZm89Y29tcGFueSZyPXRydWUmQj02. A replay will be available on the Company’s investor relations website.

About AIxCrypto Holdings, Inc.

AIxCrypto Holdings, Inc. (Nasdaq: AIXC) is a Nasdaq-listed technology company building a three-layer architecture spanning the infrastructure, protocol, and application layers. Through the convergence of AI Agents and Embodied AI (EAI) devices, AIXC is developing technology intended to enable heterogeneous intelligent entities—robots, smart vehicles, and other edge devices—to autonomously discover, collaborate, and execute tasks with one another without centralized intermediaries, driving the advancement of the Silicon Economy.

FORWARD-LOOKING STATEMENTS

This communication — including any presentation, press release, investor materials or other document of which it forms a part (this “Communication”) — contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws, regarding AIxCrypto Holdings, Inc. (“AIxCrypto,” the “Company,” “us,” “our,” or “we”) and our industry. All statements, whether written or oral, other than statements of historical fact — including any financial projections and any statements regarding future events, our strategy, plans, objectives, expectations, or anticipated actions or results — are forward-looking statements. You can often identify forward-looking statements by words such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely,” or “continue,” or the negative of these terms or other similar expressions; the absence of these words does not mean a statement is not forward-looking. These statements reflect our current expectations and projections about future events as of the date of this Communication and are necessarily based on estimates and assumptions that, while considered reasonable by management, are inherently uncertain. AIxCrypto can give no assurance that such forward-looking statements or financial projections will prove to be correct.

Actual results may differ materially from those expressed or implied by these forward-looking statements as a result of numerous risks and uncertainties, both general and specific, including, but not limited to: business, economic, market and capital-market conditions; the heavily regulated industry in which we operate; current or future laws or regulations and new interpretations of existing laws or regulations; the inherent volatility and regulatory uncertainty associated with digital assets and cryptocurrencies; evolving money-transmission, payments and digital-asset regulatory requirements applicable to our payment and settlement arrangements; risks associated with the early-stage and beta nature of our operations, including our dependence on third-party merchants and service providers and our ability to scale our platform; risks related to our expansion into new markets, jurisdictions, services and operating modalities, including aerial and unmanned aircraft operations, and the regulatory approvals and clearances required for such operations; changes in market demand for, and the pricing of, our products and services; our relationships with our customers and business partners; our ability to successfully define, design and release new products in a timely manner that meet our customers’ needs; competition in our industry; the failure of counterparties to perform their contractual obligations; systems, network, telecommunications or service disruptions, failures or cyber-attacks; our ability to obtain additional financing on reasonable terms or at all; litigation costs and outcomes; our ability to maintain and enforce our intellectual property rights and to defend against third-party claims of infringement; our ability to attract, retain and motivate qualified personnel; and our ability to manage our growth. This list of factors is not exhaustive. Additional risks and uncertainties are described more fully in our filings with the U.S. Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2025 and our subsequent filings, which are available on the SEC’s website at www.sec.gov.

The forward-looking statements in this Communication speak only as of the date hereof. Except as required by law, neither AIxCrypto nor any other person undertakes any obligation to update or revise any forward-looking statement or financial projection set out herein, whether as a result of new information, future events or otherwise. This Communication is provided for informational purposes only, does not constitute investment, tax or legal advice or any investment recommendation, and does not take into account the investment objectives or financial situation of any person. AIxCrypto reserves the right to amend or replace the information contained herein, in whole or in part, at any time, and undertakes no obligation to notify any recipient thereof. Readers are cautioned not to place undue reliance on these forward-looking statements. This caution is made under, and these forward-looking statements are intended to be covered by, the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

 

AIXCRYPTO HOLDINGS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

 
 

Three Months
Ended

Three Months
Ended

Six Months
Ended

Six Months
Ended

 

June 30,

June 30,

June 30,

June 30,

 

2026

2025

2026

2025

Revenue

—

—

—

—

Expenses

 
 
 
 

General and administrative

$2,868,537

$1,394,932

$6,416,390

$3,889,464

Sales and marketing

85,715

—

723,937

—

Research and development

5,073

17,815

10,145

50,982

Credit loss expense – short-term note receivable

—

271,000

142,574

468,000

Total expenses

2,959,325

1,683,747

7,293,046

4,408,446

Loss from operations

(2,959,325)

(1,683,747)

(7,293,046)

(4,408,446)

Total other expense (income), net

1,228,280

1,670

2,973,575

(76,893)

Loss before provision for income taxes

(4,187,605)

(1,685,417)

(10,266,621)

(4,331,553)

Provision for income taxes

—

—

—

35

Net loss

(4,187,605)

(1,685,417)

(10,266,621)

(4,331,588)

Deemed dividend arising from warrant down-
round provision

—

(1,586)

—

(1,586)

Net loss attributable to AIxCrypto Holdings, Inc.

$(4,187,605)

$(1,687,003)

$(10,266,621)

$(4,333,174)

Net loss per common share, basic and diluted

$(0.21)

$(1.00)

$(0.73)

$(2.76)

Weighted-average shares outstanding, basic and
diluted

20,286,192

1,683,881

14,030,150

1,570,925

 

Components of total other expense (income), net are set forth in the Company’s Form 10-Q for the quarter ended June 30, 2026.

 

CONDENSED CONSOLIDATED BALANCE SHEET DATA (UNAUDITED)

 
 

June 30, 2026

December 31, 2025

Cash and cash equivalents

$577,328

$19,332,707

Digital assets

5,212,903

10,250,497

Total current assets

6,337,008

30,954,770

Total assets

7,402,799

31,279,846

Total current liabilities

1,721,003

3,329,237

Parent company equity held at cost

(12,002,192)

—

Accumulated deficit

(150,294,071)

(140,027,450)

 

View original content:https://www.prnewswire.com/news-releases/aixcrypto-holdings-reports-second-quarter-2026-results-302846387.html

SOURCE AIxCrypto Holdings, Inc.

Continue Reading

Technology

Dingdong to Report Third Quarter 2026 Financial Results on November 12, 2026

Published

on

By

SHANGHAI, Nov. 10, 2026 /PRNewswire/ — Dingdong (Cayman) Limited (“Dingdong” or the “Company”) (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2026, before U.S. markets open on November 12, 2026.

About Dingdong (Cayman) Limited

Dingdong is the leading fresh grocery e-commerce company in mainland China, with sustainable long-term growth. The Company directly provides users and households with fresh groceries, prepared food, and other food products through delivering a convenient and excellent shopping experience supported by an extensive self-operated frontline fulfillment grid. Leveraging its deep insights into consumers’ evolving needs and its strong food innovation capabilities, Dingdong has successfully launched a series of private label products spanning a variety of food categories. Many of Dingdong’s private label products are produced at its own production plants, allowing it to more efficiently produce and offer safe and high-quality food products. Dingdong aims to be the first choice for fresh and food shopping.

For more information, please visit: https://ir.100.me.

 

View original content:https://www.prnewswire.com/news-releases/dingdong-to-report-third-quarter-2026-financial-results-on-november-12-2026-302935824.html

SOURCE Dingdong (Cayman) Limited

Continue Reading

Technology

Sanya hosts side event of the 7th Symposium on Global Maritime Cooperation and Ocean Governance

Published

on

By

Report on Southeast Asian Youth Perceptions of Maritime Issues released

BEIJING, Nov. 10, 2026 /PRNewswire/ — A side event of the 7th Symposium on Global Maritime Cooperation and Ocean Governance was held at China Media Group (CMG) Sanya Studio on November 8. More than 10 Chinese and international participants discussed how to put into practice the Agreement under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction (BBNJ Agreement), and how to communicate ideas about ocean conservation to audiences worldwide.

Experts at the event described the BBNJ Agreement, which entered into force in January this year, as a landmark victory for multilateralism in global ocean governance. They said it charts a course for all parties to work together to protect marine biodiversity.

Jiao Nianzhi, an academician of the Chinese Academy of Sciences, described marine biodiversity as a toolbox for humanity, saying that protecting it means safeguarding humanity’s future. Aileen Tan, chairperson of the Sub-Commission for the Western Pacific of UNESCO’s Intergovernmental Oceanographic Commission, said the BBNJ Agreement gives the ocean “breathing space” and stressed the need for scientists from different countries to work together on ocean conservation. She cited Malaysia-China cooperation in marine scientific research as a good example and expressed hope that China would play a greater leadership role. Ronán Long, director of the WMU-Sasakawa Global Ocean Institute at the World Maritime University in Sweden, said China’s strong data capabilities could help accelerate the implementation of the Agreement’s provisions on sharing non-monetary benefits arising from marine genetic resources.

Participants also highlighted China’s efforts and achievements in promoting maritime cooperation and advancing marine ecological restoration, among other areas. The side event was jointly hosted by CMG’s Chinese Language Programming Center, the Huayang Center for Maritime Cooperation and Ocean Governance, the National Institute for South China Sea Studies and other organizations.

During the symposium, CMG’s Chinese Language Programming Center and CMG Institute jointly released the Report on Southeast Asian Youth Perceptions of Maritime Issues. The report presents the concerns and expectations of young people in Southeast Asian countries, including Indonesia, Malaysia, Singapore and Thailand, regarding ocean-related issues.

The report finds that Southeast Asian youth have a positive outlook on maritime cooperation with China. Nearly 80 percent of respondents are willing to take part in China-ASEAN youth exchanges on ocean-related issues. The report also notes that Southeast Asian youth are concerned about broader issues of ocean governance and look to China to shoulder greater responsibilities and play a larger role in global ocean governance.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sanya-hosts-side-event-of-the-7th-symposium-on-global-maritime-cooperation-and-ocean-governance-302935814.html

SOURCE China Media Group (CMG)

Continue Reading

Technology

Why Brisbane Airport selected LG for its landmark digital infrastructure upgrade

Published

on

By

Australia’s third-largest airport now runs passenger information across 950 LG displays monitored centrally via LG SuperSign CMS

News summary

Brisbane Airport manages approximately 950 LG commercial displays from a single platform LG SuperSign CMS deployed on-premise to meet strict security and operational controls for critical infrastructureLG SuperSign CMS offers leadership, operations and ICT team remote visibility and control of entire display fleetLG’s embedded System-on-Chip allows real-time flight information (FIDS), gate information, wayfinding and operational messaging to be directly pushed to display screens without external media playersBrisbane Airport’s transition to LG’s SuperSign CMS has driven down operational costs significantlyDeployed in partnership with Australian integrator Programmed, this digital overhaul forms a key part of Brisbane Airport’s ongoing $5 billion Future BNE transformation

SYDNEY, Nov. 11, 2026 /PRNewswire/ — LG Electronics (LG) has partnered with Brisbane Airport Corporation (BAC), replacing a previously fragmented digital signage system with a modern network of approximately 950 LG commercial displays centrally managed by LG SuperSign CMS. Covering the domestic and international terminals, baggage handling areas, and car parks, these LG screens deliver real-time flight information displays (FIDS), gate information, passenger wayfinding, and operational communications reliably across a 24/7 environment.

As Australia’s third largest airport preparing for a forecast surge in passenger numbers ahead of the major event in 2032, Brisbane Airport needed to replace an increasingly unreliable, ageing network with a simplified, scalable solution that its lean ICT team could operate day-to-day.

“The reliability of the displays is essential. Without them working, people are lost — quite literally,” says Michael Kerr, Integrated Operations Manager at BAC.

To address these critical demands, LG worked alongside local integrator Programmed to deploy a centralised digital signage network driven by LG SuperSign CMS. The platform provides ICT and operations teams with comprehensive visibility across the entire display fleet remotely, replacing an otherwise manual process of physical, daily check-ups.

“LG SuperSign has been a game changer for my team. We just don’t have the arms and legs to go around and check those 950 screens on a daily basis. The monitoring capabilities really give us that eyes-on view of what’s across our infrastructure,” says Anthony Tully-Smith, ICT Applications Manager at BAC.

One system, diverse displays

BAC’s new estate involves a range of LG display solutions tailored to specific passenger zones. This includes:

43- and 49-inch LG commercial panelsLG Ultra Stretch displays in totemsLG 49XE-series high-brightness outdoor displays110-inch LG UM5K indoor screensA 136-inch LG LAPA-series All-in-One LED in international arrivals

With LG’s embedded System-on-Chip (SoC) platform and internal web page player, real-time flight information and content now play directly on the screens. This removes the need for external media players, simplifying the network architecture.

“We’ve taken what was a fragmented digital signage system, not very visible to management, now to an integrated modern solution with centralised management and health visibility,” says Graham Wands, Business Development Manager at Programmed. “LG SuperSign enables us to take a proactive stance and make sure that the FIDS and other signage are highly available and always visible to passengers.”

Built for critical infrastructure

As a privately owned critical infrastructure operator, BAC needed full control of its content. LG SuperSign CMS is deployed on-premise to meet the airport’s security and operational-control requirements. LG’s device hardening helps reduce the risk of unauthorised content, such as USB sideloading.

The project also supports the airport’s ESG goals; LG UH series screens carry Carbon Trust footprint-reduction certification, LG offers a free e-waste program, and power consumption can be monitored and optimised from LG SuperSign CMS.

“At an airport, a screen is only as useful as the information on it, and how quickly someone knows when it stops working. Brisbane Airport shows what happens when displays and management software are planned together as operational infrastructure, with a local integrator who knows the site. We’re grateful to Brisbane Airport and Programmed for the partnership, and we look forward to supporting the airport as it grows,” says Chris Wilson, Sales General Manager – Information Display at LG Electronics Australia.

Looking ahead

BAC sees LG as a long-term partner as it progresses its $5 billion Future BNE transformation, paving the way for the expansion of Terminal 3 and more LED and messaging capabilities ahead of the 2032 games. By transitioning from a fragmented legacy setup, BAC has unlocked a foundation built for long-term operational efficiency.

“For me, managing an ageing infrastructure before we moved to the new LG digital displays was costing us quite a lot from a maintenance and an ongoing perspective,” says Tully-Smith, “The move to the new LG SuperSign, but also the new LG screens, has driven down my operational cost significantly across the airport.”

This newfound efficiency has helped BAC focus on what’s most critical – passenger experience.

“It’s important for us to have a partner like LG. The innovation and the fresh thought that team brings has really helped me accelerate the digital experience across all of our terminals,” says Tully-Smith.

Read the full case study: LG Displays and SuperSign CMS power Brisbane Airport’s digital transformation

LG SuperSign CMS is purchased separately.

About LG Electronics
LG Electronics is focused on developing new innovations across information displays. We are committed to providing commercial electronic products that help businesses perform better. We offer a wide range of products, including information displays, digital signage for advertising, commercial system air conditioners, VRF systems and tailored solutions for different vertical markets.

About Brisbane Airport Corporation
Brisbane Airport Corporation (BAC), the operator of Brisbane Airport (BNE), is a private, unlisted Queensland company that proudly takes on the challenge of connecting Australia to the world. BAC’s passion and perseverance have cemented BNE as Queensland’s most important gateway, a leading hub for Australia, and an award-winning source of pride for its communities.

About Programmed
Programmed is a leading provider of Facility Management, Maintenance, and Staffing solutions across Australia and New Zealand. Programmed employs over 32,000 people every year across a broad range of industries and partners with more than 10,000 customers, small and large.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/why-brisbane-airport-selected-lg-for-its-landmark-digital-infrastructure-upgrade-302935816.html

SOURCE LG Electronics

Continue Reading

Trending