DVLT · XBRL financial data
Datavault AI financial statements, every fiscal year
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (DVLT's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | †Dec 31, 2022 | †Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 2,404 | 6,541 | 3,365 | 2,083 | 2,674 | 39,089 |
| Revenue from contracts with customers | — | — | — | — | 2,674 | 39,089 |
| Cost of revenue | 1,977 | 4,677 | 2,970 | 5,540 | 2,298 | 8,689 |
| Gross profit | 427 | 1,864 | 395 | (3,457) | 376 | 30,400 |
| Research and development | 4,572 | 5,236 | 7,144 | 7,456 | 7,818 | 16,498 |
| General and administrative | 4,168 | 4,016 | 5,155 | 5,367 | 9,722 | 35,098 |
| Total operating expenses | 11,714 | 13,375 | 18,439 | 18,000 | 21,514 | 62,875 |
| Operating income (loss) | (11,287) | (11,511) | (18,044) | (21,457) | (21,138) | (32,475) |
| Interest income | — | — | — | — | 7 | 5 |
| Interest expense | 1,397 | 9 | 898 | 932 | 1,272 | 19,982 |
| Other income (expense) | (34) | (11) | (12) | (1) | 121 | (239) |
| Income tax expense (benefit) | 3 | 2 | 2 | 4 | 0 | 5 |
| Net income (loss) | (12,705) | (11,820) | (16,151) | (18,721) | (51,409) | (78,994) |
| Earnings per share, basic‡ USD per share | (36,865.67) | (15,671.64) | (12,371.64) | (474.63) | (16.14) | (0.52) |
| Earnings per share, diluted‡ USD per share | (36,865.67) | (15,671.64) | (12,371.64) | (474.63) | (16.14) | (0.52) |
| Weighted average shares, basic‡ thousands of shares | 0 | 1 | 1 | 53 | 4,197 | 152,580 |
| Weighted average shares, diluted‡ thousands of shares | 0 | 1 | 1 | 53 | 4,197 | 152,580 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-2 stock split (December 2021); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-100 stock split (January 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-149.2537313432836 stock split (April 2024); filings made before it reported them unadjusted.
- † Share count changed about 12x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 128x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 38x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (DVLT's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | †Dec 31, 2022 | †Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7,415 | 13,108 | 2,897 | 411 | 3,330 | 2,004 |
| Accounts receivable | 85 | 214 | 273 | 294 | 349 | 888 |
| Inventory | 2,708 | 4,780 | 7,070 | 2,737 | 1,618 | 636 |
| Prepaid and other current assets | 908 | 1,086 | 890 | 641 | 1,142 | 2,159 |
| Total current assets | 11,116 | 19,188 | 11,130 | 4,083 | 6,439 | 142,873 |
| Property and equipment, net | 142 | 162 | 174 | 93 | 58 | 606 |
| Right-of-use asset | — | 0 | 120 | 616 | 536 | 4,657 |
| Goodwill | — | — | — | — | — | 19,135 |
| Total assets | 11,299 | 19,391 | 11,452 | 4,823 | 100,625 | 274,704 |
| Accounts payable | 672 | 1,549 | 2,042 | 2,320 | 2,779 | 10,832 |
| Accrued liabilities | 1,433 | 1,416 | 1,632 | 1,317 | 1,334 | 11,002 |
| Current portion of long-term debt | 179 | — | — | — | — | — |
| Total current liabilities | 2,284 | 2,965 | 3,674 | 3,637 | 4,113 | 26,881 |
| Lease liability, non-current | — | — | 39 | 636 | 553 | 3,808 |
| Total liabilities | 3,386 | 3,014 | 13,448 | 9,733 | 14,899 | 36,730 |
| Accumulated deficit | (200,383) | (212,203) | (228,321) | (247,042) | (298,451) | (377,445) |
| Total stockholders' equity | 7,316 | 16,377 | (1,996) | (5,157) | 85,726 | 237,974 |
| Total liabilities and equity | 11,299 | 19,391 | 11,452 | 4,823 | 100,625 | 274,704 |
| Common shares outstanding (cover page)‡ thousands of shares | 1 | 1 | 13 | 1,681 | 64,203 | 614,308 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-2 stock split (December 2021); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-100 stock split (January 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-149.2537313432836 stock split (April 2024); filings made before it reported them unadjusted.
- † Share count changed about 12x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 128x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 38x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (DVLT's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | †Dec 31, 2022 | †Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (12,705) | (11,820) | (16,151) | (18,721) | (51,409) | (78,994) |
| Stock-based compensation | 958 | 1,346 | 2,027 | 2,058 | 2,976 | 6,259 |
| Depreciation and amortization | 66 | 79 | 122 | 98 | 70 | 10,338 |
| Net cash from operating activities | (9,859) | (11,508) | (17,514) | (14,826) | (17,526) | (23,610) |
| Purchases of property and equipment | 52 | 99 | 43 | 50 | 35 | 380 |
| Net cash from investing activities | (52) | (99) | (43) | (50) | (1,557) | (7,880) |
| Proceeds from issuing common stock | 0 | 8,303 | — | — | — | 4,763 |
| Net cash from financing activities | 17,028 | 17,300 | 7,346 | 12,390 | 22,002 | 30,164 |
| Net change in cash | 7,117 | 5,693 | (10,211) | (2,486) | 2,919 | (1,326) |
- † Share count changed about 12x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 128x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 38x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Datavault AI | 1,400 | 6,717 | (71,236)* | 949.7M | 0.0 quarters | 10-QJun 30, 2026 |
| Emerald Holding | 121,100 | 155,400 | 28,700 | 197.9M | — | 10-QMar 31, 2026 |
| FiscalNote Holdings | 17,953 | 19,581 | (2,125)* | not reported | 9.4 quarters | 10-QJun 30, 2026 |
| Heritage Global | 13,179 | 12,265 | 1,617* | 34.6M | — | 10-QJun 30, 2026 |
| Altisource Portfolio Solutions | 25,055 | 51,920 | 3,482* | 11.4M | — | 10-QSep 30, 2026 |
| Bridger Aerospace Group Holdings | 7,241 | 30,494 | (15,705)* | 58.8M | 0.5 quarters | 10-QJun 30, 2026 |
| Smart Powerr | 158,794 | 108 | (126) | 23.0M | 1261.0 quarters | 10-QMar 31, 2026 |
| Getty Images Holdings | 51,621 | 229,098 | (108,726)* | 421.0M | 0.5 quarters | 10-QJun 30, 2026 |
| Research Solutions | 12,630 | 12,081* | 1,775* | 33.8M | — | 10-KJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.