Datavault AI Inc. reported second-quarter 2026 revenue of $6.72 million, up 287% from $1.74 million a year earlier but below Wall Street’s $30.25 million estimate. The company reported a loss of 12 cents per share, versus an expected loss of 3 cents, while GAAP net loss widened to $88.03 million from $37.12 million. Gross profit rose to $2.88 million, but operating loss expanded to $26.46 million. Results included an $8.09 million loss on crypto assets and a $56.37 million impairment of investments in non-marketable securities. Datavault ended June with $1.4 million in cash and cash equivalents. Shares fell 12.15% to 34 cents in Wednesday premarket trading, according to Benzinga Pro. On Aug. 19, the NASDAQ-listed company said it had signed a definitive agreement to acquire BankWyse, a Wyoming-chartered Special Purpose Depository Institution designed to provide full-reserve digital-asset custody and related banking services, subject to regulatory approval and customary closing conditions. Datavault also agreed in March 2026 to acquire NYIAX, a provider of blockchain-enabled exchange platforms. The transactions would complement Datavault’s data monetization platform by adding trading infrastructure through NYIAX and regulated custody and commercial banking services through BankWyse. The company secured a $25 million convertible note financing from Streeterville Capital, with an option for up to another $25 million over 12 months, and affirmed 2026 revenue guidance of at least $200 million, above the $196.46 million estimate.