NASDAQ: DVLT
Datavault AI Inc.CIK 0001682149 · SIC 7389 · Miscellaneous Business Services NEC
Datavault AI Inc. (“Datavault,” the “Company,” “us,” “our,” or “we”) is a pioneering technology licensing company that owns a portfolio of patented, secure platforms designed to redefine how data is managed, valued, and monetized in the modern era. Leveraging our proprietary high-performance… About this business →
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Latest financial statements
From 10-Q filed Aug 19, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Condensed Consolidated Statements of Operations (Unaudited)
(in thousands, except share and per share data)
| Description | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Live event production revenue | 2,839 | 1,432 | 5,338 | 1,432 |
| Consumer audio products, components, and other revenue, net | 1,053 | 277 | 1,829 | 895 |
| Consumer audio products and components, related party, net | 316 | 26 | 457 | 37 |
| Patent license revenue | 2,509 | — | 2,509 | — |
| Total net revenue | 6,717 | 1,735 | 10,133 | 2,364 |
| Cost of revenue, live events | 3,278 | 1,396 | 6,073 | 1,396 |
| Cost of revenue, consumer audio products, components, and other | 557 | 304 | 1,067 | 864 |
| Cost of revenue, patent license | 4 | — | 4 | — |
| Total cost of net revenue | 3,839 | 1,700 | 7,144 | 2,260 |
| Gross profit | 2,878 | 35 | 2,989 | 104 |
| Operating Expenses: | ||||
| Research and development | 7,235 | 4,224 | 12,964 | 6,585 |
| Sales and marketing | 7,184 | 1,742 | 13,820 | 3,237 |
| General and administrative | 14,915 | 6,528 | 33,611 | 12,172 |
| Total operating expenses | 29,334 | 12,494 | 60,395 | 21,994 |
| Loss from operations | (26,456) | (12,459) | (57,406) | (21,890) |
| Interest expense, net | (1,000) | (17,202) | (2,121) | (17,322) |
| Change in fair value of 2025 Notes measured at fair value | — | (8,804) | — | (8,804) |
| Change in fair value of convertible note to related party measured at fair value | — | 1,355 | — | 1,355 |
| Loss on Crypto assets | (8,094) | — | (25,050) | — |
| Extinguishment of debt | — | — | (1,725) | — |
| Impairment of investments in non-marketable securities | (56,372) | — | (58,906) | — |
| Change in fair value of warrant liabilities | 3,866 | 2 | 3,866 | 19 |
| Other income/(expense), net | 31 | (3) | 186 | (32) |
| Loss before provision for income taxes | (88,025) | (37,111) | (141,156) | (46,674) |
| Provision for income taxes | — | 5 | — | 5 |
| Net loss attributable to common stockholders | (88,025) | (37,116) | (141,156) | (46,679) |
| Net loss per common share - basic and diluted | (0.12) | (0.54) | (0.22) | (0.77) |
| Weighted average number of common shares used in computing net loss per common share | 727,623,511 | 68,174,418 | 651,345,981 | 60,968,158 |
Condensed Consolidated Balance Sheets (Unaudited)
(in thousands, except share and per share data)
| Description | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | 1,400 | 2,004 |
| Accounts receivable | 3,598 | 888 |
| Related party receivable | 24,040 | 30,000 |
| Unbilled accounts receivable | 621 | 1,705 |
| Inventories | 942 | 636 |
| Note receivable | 1,900 | — |
| Crypto assets | 49,016 | 92,222 |
| Deferred offering costs | 5,245 | 5,500 |
| Prepaid software license, current | 8,084 | 7,759 |
| Prepaid expenses and other current assets | 40,115 | 2,159 |
| Total current assets | 134,961 | 142,873 |
| Property and equipment, net | 2,452 | 606 |
| Intangible assets, net | 100,235 | 94,816 |
| Goodwill | 27,285 | 19,135 |
| Prepaid software license, noncurrent | 5,158 | 6,956 |
| Investments in non-marketable securities | 1,892 | 4,300 |
| Deposit for business combination | — | 1,000 |
| Other assets | 4,659 | 5,018 |
| Total assets | 276,642 | 274,704 |
| Liabilities and Stockholders' Equity | ||
| Current Liabilities: | ||
| Accounts payable | 9,705 | 10,832 |
| Accrued liabilities | 11,549 | 11,002 |
| Due to related party | 788 | 98 |
| Short-term convertible note payable, related party | 3,680 | 3,936 |
| Short-term promissory notes | 1,544 | 1,013 |
| Total current liabilities | 27,266 | 26,881 |
| Convertible notes payable | — | 5,917 |
| Other liabilities | 3,482 | 3,932 |
| Total liabilities | 30,748 | 36,730 |
| Commitments and contingencies (Note 9) | ||
| Common stock, par value $0.0001; 2,000,000,000 shares authorized; 854,456,625 and 573,438,153 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | 87 | 59 |
| Additional paid-in capital | 764,408 | 615,360 |
| Accumulated deficit | (518,601) | (377,445) |
| Total stockholders’ equity | 245,894 | 237,974 |
| Total liabilities and stockholders’ equity | 276,642 | 274,704 |
Condensed Consolidated Statements of Cash Flows (Unaudited)
(in thousands)
| Description | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net loss | (141,156) | (46,679) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation | 10,891 | 1,799 |
| Depreciation and amortization | 6,449 | 4,825 |
| Amortization of debt discounts and paid-in-kind interest | 1,308 | 520 |
| Change in fair value of convertible debt | — | 7,595 |
| Fair value of equity warrants in interest expense | — | 16,657 |
| Loss on digital assets | 25,050 | — |
| Debt extinguishment | 1,725 | — |
| Impairment of investments in non-marketable securities | 58,906 | — |
| Shares payable to NYIAX | — | 1,088 |
| Change in fair value of warrant liability | (3,866) | (19) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (2,312) | (119) |
| Related party receivable | 5,960 | — |
| Unbilled accounts receivable | 1,084 | 21 |
| Inventories | (306) | 416 |
| Prepaid expenses and other current assets | (43,269) | 182 |
| Prepaid software | 1,473 | — |
| Other assets | 446 | 54 |
| Accounts payable | (2,404) | 962 |
| Related party payable | 146 | — |
| Accrued liabilities | 393 | (68) |
| Other liabilities | (481) | (65) |
| Net cash used in operating activities | (79,963) | (12,831) |
| Cash flows from investing activities: | ||
| Issuances of notes receivable | (2,000) | — |
| Repayment of note receivable | 100 | — |
| Cash paid for acquisition of API Media, net of cash | (12,949) | — |
| Cash paid for acquisition of CSI, net of cash | — | (6,500) |
| Purchases of property and equipment | (582) | (52) |
| Construction in progress | (555) | — |
| Purchases of intangible assets | (824) | — |
| Investment in non-marketable securities | (300) | — |
| Net cash used in investing activities | (17,110) | (6,552) |
Amounts as printed on the EDGAR/iXBRL face — (in thousands, except share and per share data); (in thousands). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗
About Datavault AI Inc.
Source: Item 1 (Business) from the 10-K filed March 18, 2026. Description as filed by the company with the SEC.
Item 1.
Business
Overview
Datavault AI Inc. (“Datavault,” the “Company,” “us,” “our,” or “we”) is a pioneering technology licensing company that owns a portfolio of patented, secure platforms designed to redefine how data is managed, valued, and monetized in the modern era. Leveraging our proprietary high-performance computing (“HPC”) capabilities and advanced software, our technology offerings are designed to ensure data ownership immutability, experiential data observability, precise data asset valuation, and secure monetization—which we believe will unlock significant opportunities for businesses in an increasingly data-driven world. Datavault has two synergistic platforms—Data Sciences and Acoustic Sciences—that our executive leadership is focusing on as key drivers of future revenue growth.
Our Data Sciences division is focused on the delivery of cyber-secure, privacy protected data management and monetization technologies, the heart of which are our offerings of artificial intelligence (“AI”)-driven agents—branded as Data Vault®, DataValue®, DataScore®, and Data Vault Bank®. We believe our Data Sciences division will redefine data management by providing a software as a service (“SaaS”) platform designed to enable organizations to acquire, value, refine, and monetize their data assets with unparalleled security and control. Our Acoustic Sciences division is focused on technological innovations that have already produced advanced technologies in data-over-sound, low latency spatial audio and high-definition (“HD”) audio transmission, and our patented semiconductor and digital module technologies are currently being deployed by several key customers, including Bang & Olufsen, Harmon Kardon, Klipsch and other leading electronics manufacturers.
Read full description ↓
Recent Developments
Master Purchase Order Agreement - SanQtum
On January 4, 2026, we entered into a Master Purchase Order Agreement with AP Global Holdings LLC (d/b/a Available Infrastructure) in which we agreed to purchase SanQtum™ infrastructure and cybersecurity services under a services-based delivery model. The agreement provides for an upfront payment of $250,000 and has an initial term of twelve months, subject to earlier termination in accordance with its terms. Concurrent with execution of the agreement, the Company placed purchase orders to deploy the services across 100 cities within the contiguous United States.
API Media Acquisition
On January 22, 2026, we completed the acquisition of 100% of the outstanding equity interests of API Media Innovations Inc. (“API Media”), a New Jersey-based provider of audio and visual technologies serving the media, sports, and entertainment industries, for aggregate cash consideration of $14.0 million pursuant to a Stock Purchase Agreement dated October 28, 2025.
API Media provides multi-channel engagement solutions, digital media integration, and audience intelligence services to sports venues and enterprise clients. The acquisition is intended to expand the Company’s digital media capabilities and enhance its data monetization platform.
NYIAX Agreement and Plan of Merger
On March 18, 2026, we entered into an Agreement and Plan of Merger by and among us, DVLT Merger Sub Inc. and NYIAX, Inc. (“NYIAX”), pursuant to which we will acquire 100% of the equity of NYIAX in consideration for the issuance by us to NYIAX stockholders of 78,947,368 shares of our common stock with an aggregate fair value estimated to be $59.2 million based on the closing stock price on March 13, 2026 of $0.67 per share.
Data Sciences Division
The Data Sciences division develops and operates tools for the capture, processing, and compliant monetization of data to generate revenue and value for businesses. The design of our proprietary data management platform, known as Data Vault, emphasizes compliance, privacy, and cybersecurity through patented technologies. Our anticipated Information Data Exchange® (“IDE”), which is being built on IBM’s watsonx.ai™ platform, is expected to launch in 2026.
Data Vault Platform
We are in the final stages of the build-out of our Data Vault platform—our multi-patented Web 3.0 data perception, visualization, valuation and monetization software platform for HPC. Central to this platform are our industry-first Sumerian® crypto-anchors, which we believe will enable future customers to seamlessly track and monetize historical, current, and future data tied to any asset. Critically, Data Vault is designed to process data without ever moving, ingesting, storing, or altering our clients’ original datasets in any way. All valuation, scoring, tokenization, and monetization will occur at the point of data creation through our sovereign private edge infrastructure. We plan to monetize Data Vault through licensing and SaaS contracts. DataScore, DataValue, and Digital Twin Institute are Data Vault outputs that we anticipate may be monetized through revenue splits with future customers.
Information Data Exchange
Our flagship IDE is a patented Web 3.0 platform that, upon rollout, will serve as a centralized marketplace and transactional engine for secure, real-time valuation, scoring, tokenization, and compliant monetization of data assets and real-world assets (“RWAs”). IDE is designed to enable organizations to unlock the full economic potential of their data while retaining complete ownership and control. The platform is intended to operate without ever moving, ingesting, storing, or altering clients’ original datasets, performing “tokenization at birth” at the edge of the network to create authenticated digital twins, tradable tokens, and immutable metadata objects—all in a privacy-first, cybersecurity-first, and fully regulatory-compliant environment.
We anticipate deploying IDE to power a family of specialized vertical marketplaces, including:
● International Elements Exchange™: Focused on tokenizing and trading rare earth minerals, unmined resources, commodities, and carbon credits (leveraging Sumerian traceability technology for immutable physical-to-digital anchoring).
● International NIL Exchange™: In January 2026, we entered into an agreement with Sports Illustrated to explore a potential collaboration for the development of a digital asset exchange focused on unlocking value in athlete name, image, and likeness (“NIL”) rights, memorabilia, and related assets, with targeted commercial launch in the second half of 2026.
● American Political Exchange™: Designed for transparent, Federal Election Commission-compliant tokenization and exchange of political contributions, advocacy assets, and related digital property.
Key technology and partnership integrations announced or executed in 2026 include:
● Enhanced credentialing and identity verification: Partnership with CLEAR for biometric KYC/AML compliance, integrated via the Company’s VerifyU™ framework to support secure onboarding and regulatory adherence across all IDE marketplaces.
● NYIAX Platform: Multi-year commercial and intellectual property licensing agreement (following the October 2025 letter of intent to acquire NYIAX), integrating IDE with NYIAX’s transparent blockchain-based trading technology built on the Nasdaq Financial Framework. This delivers institutional-grade matching, pricing, clearing, settlement, smart contracts, and liquidity for tokenized assets.
The updated technology stack powering IDE and its specialized exchanges combines sovereign edge infrastructure with enterprise-grade AI and quantum-ready security:
● Available Networks SanQtum™ Platform (including SanQtum AI): Serves as the national security-grade zero-trust cybersecurity vault and decentralized, GPU-rich HPC edge network. SanQtum provides post-quantum encryption (NIST-approved FIPS 203/ML-KEM, 204/ML-DSA, 205/SLH-DSA (all as defined below)) quantum key encryption to counter “harvest now, decrypt later” threats, AI-driven continuous threat monitoring/detection/response with automated isolation, and ultra-low-latency processing across synchronized micro-edge data centers. Initial activations in high-density markets such as New York and Philadelphia (Q1 2026) form the foundation for planned nationwide expansion to 100 U.S. cities in 2026.
● IBM watsonx.ai Developer Studio: Powers the Company’s proprietary DataScore and DataValue AI agents, which perform real-time economic scoring, valuation, risk assessment, pricing, and tokenization decisions. These agents operate subordinate to human oversight and governance at all times, with human executives, compliance teams, and domain experts retaining final authority. IBM watsonx.ai governance tools ensure transparency, auditability, bias monitoring, explainability, and alignment with responsible AI standards.
● Quantum-Secured Blockchain Technologies: Quantum-resilient and quantum-grade encryption layered with tamper-resistant blockchain ledgers provide immutable records and smart-contract execution for all tokenized assets and exchanges.
This integrated stack—edge-native AI from IBM watsonx.ai running on SanQtum’s sovereign, quantum-secure HPC infrastructure and trading via NYIAX’s trading platform, built on the Nasdaq Financial Framework—enables compliant, ultra-low-latency agentic data commerce at scale. It directly supports the Company’s 2026 growth objectives while addressing the rising demand for trusted, regulated data and RWA ecosystems across biotech, fintech, sports & entertainment, healthcare, government, and beyond.
Acoustic Sciences Division
Our Acoustic Sciences division delivers a proprietary fusion of proven wireless audio standards and pioneering data-over-sound technologies, creating transformative solutions for immersive audio experiences, secure data transmission, credentialing, and RWA tokenization.
ADIO® — Data Over Sound Platform
Our Acoustic Sciences division now features a fusion of our multi-patented, spatial, multichannel, HD wireless sound transmission WiSA HT and WiSA E® technologies and the novel ADIO inaudible tone, data-over-sound, and mobile quick response technology we have acquired from EOS Technology Holdings Inc. (f/k/a Data Vault Holdings Inc.) (“EOS Holdings”). ADIO is a set of pioneering, Web 3.0, data-over-sound, sonic anchor, and inaudible tone transmission and receiver technologies. We believe that blending ADIO capabilities with our extensive audio solutions intellectual property portfolio creates powerful synergies that may deliver transformative value across multiple markets, including sports and entertainment, education, retail, commercial, government, and scientific sectors.
Our extensive patent portfolio underpins ADIO’s market leadership, featuring key issued claims that secure long-term ownership of critical verticals. This intellectual property spans both sender and receiver functionalities, covering applications in music tones, broadcasting, tracking and logistics, user and data validation, verification, and streaming. With U.S. and international patent coverage, this intellectual property establishes a formidable barrier to entry for competitors, protecting both core and ancillary feature sets that drive ADIO’s versatility and scalability.
WiSA E — Wireless Audio Technology
In February 2025, the Company signed a strategic interoperability license agreement with Dolby Laboratories, allowing direct collaboration with system-on-chip providers to integrate patented WiSA E Express multichannel wireless audio software into Android and Linux-based streaming audio/visual (“A/V”) platforms. This partnership enables wireless delivery of Dolby Atmos® immersive audio, with commercial deployments including the Sagemcom Video Soundbox set-top box platform (global shipments commenced December 2024, with continued expansion in 2025–2026). Building on this foundation, Datavault launched the WiSA E Endeavour™ Receiver Module in September 2025 and advanced to WiSA Gen 2 software, delivering improved performance, lower latency, enhanced scalability for multi-speaker and commercial environments, and silicon-agnostic flexibility for original equipment manufacturers (“OEMs”). The Company added nine new WiSA patents in 2025 (bringing the total issued or filed to 63) and engaged leading intellectual-property counsel to execute a global standards-based licensing campaign.
These WiSA advancements integrate directly with ADIO technology (acquired via the Company’s purchase of intellectual property assets from EOS Holdings and related portfolios). ADIO provides fully implemented ultrasonic data-over-sound use cases across advertising, broadcasting, streaming, event venues, retail, logistics, livestock management, credential validation, and more. Key commercial milestones in 2025–2026 include:
● Live activations during Super Bowl LX weekend (February 2026) in partnership with NFL Alumni, including Radio Row engagements with SiriusXM, CBS Sports, and others, demonstrating real-time audience interaction, authenticated credentialing, and tokenized content via ADIO data-over-sound.
● Extension to live outdoor and large-scale events through the strategic acquisition of API Media (definitive agreement October 2025; closed January 23, 2026). API Media brings proven media infrastructure, event technology solutions, digital media operations, audience intelligence, and revenue analytics expertise, directly expanding ADIO and WiSA capabilities into the live outdoor event market.
● Integration of CompuSystems, Inc. (“CSI”) (acquisition closed May 2025), a premier provider of event registration, lead retrieval, and data analytics services for major trade shows and conferences. CSI now operates as an internal division and serves
as a stable base of high-value events where ADIO, WiSA, and related technologies (including DVHOLO™ holographic displays) drive attendee engagement, lead monetization, and tokenized experiences.
● Growth is targeted in robotics, building on our success with set-top boxes, high end speakers and smart televisions we are working on provisioning our technologies for enterprise use within robotics and we’ve be approaching the World leading companies to capture use cases and requirements for this expansion in 2026.
Together, these technologies create powerful synergies with our Sumerian patented traceability platform (leveraging inaudible tones, P-Chip micro transponders, and BASF polymer solutions), enabling “sonic anchoring” of physical objects to immutable blockchain metadata objects. This supports seamless data tokenization, objectification, tracking, and monetization on the IDE without compromising audio quality or user experience.
By combining Dolby-validated immersive wireless audio, proven WiSA interoperability standards, ADIO’s ultrasonic data capabilities, and strategic event-industry acquisitions (CSI and API Media), the Acoustic Sciences platform delivers measurable commercial traction and scalable revenue opportunities while reinforcing the Company’s leadership in Web 3.0 acoustic-data convergence. These solutions enhance customer experiences, unlock new monetization streams, and integrate natively with the products and technologies being developed by our Data Sciences division for end-to-end secure, compliant, and tokenized data commerce.
Comprehensive Datavault Market Opportunity and Strategic Focus
Our strategic focus is to accelerate growth and expand our market presence through a dual-pronged approach of M&A and organic sales growth. We intend to pursue targeted M&A opportunities to acquire complementary technologies, intellectual property, and customer bases that enhance our Data Vault and ADIO offerings, broaden our industry reach, and strengthen our competitive moat. Concurrently, we are committed to scaling our direct sales efforts to penetrate key verticals—such as biotechnology, fintech, hospitality, and advertising—capitalizing on our first-mover advantages and robust patent portfolios. By integrating acquired assets with our existing platforms and leveraging our sales channels, we aim to rapidly expand our footprint, drive revenue growth, and deliver long-term value to our shareholders through future revenue and customer streams. Our leadership remains focused on executing a disciplined growth strategy that maximizes enterprise value through organic innovation and strategic consolidation.
Industry Background
Datavault operates in the Web 3.0 ecosystem, which is defined by decentralization, blockchain technology, and user control over data, identity, and transactions. This differs from the centralized Web 2.0 model.
According to Market Research Future, the global Web 3.0 blockchain market was valued at $6.6 billion in 2024 and is projected to reach $353.31 billion by 2035, growing at a CAGR of 43.6% from 2025 to 2035. Growth is driven by demand for data privacy, digital assets (cryptocurrencies and non-fungible tokens (“NFTs”)), and infrastructure advances including 5G and 6G.
The market intersects trends in AI/machine learning integration for enterprises and wireless audio technologies. Grand View Research estimates the broader Web 3.0 market at $2.25 billion in 2023 with a projected CAGR of 49.3% through 2030. Straits Research forecasts the Web 3.0 blockchain market to grow from $4.84 billion in 2024 to $135.34 billion by 2033 at a CAGR of 44.8%.
Datavault’s patented Data Vault platform addresses data sovereignty, valuation, and monetization in decentralized environments. Its ADIO technology uses ultrasonic signals and blockchain for applications in advertising and supply chain tracking. The market is competitive and includes established technology companies and blockchain startups.
Competition
The worldwide data market is and has been highly competitive for decades and is rapidly evolving. We compete on the basis of a number of factors, including:
● ability to operate in dynamic and elastic environments;
● extensibility across the enterprise, including development, operations and business users;
● propensity to enable collaboration between development, operations and business users;
● ability to monitor any combination of public clouds, private clouds, on-premise and multi-cloud hybrids;
● ability to provide advanced analytics and machine learning;
● ease of deployment, implementation and use;
● breadth of offering and key technology integrations;
● performance, security, scalability and reliability;
● quality of service and customer satisfaction;
● total cost of ownership; and
● brand recognition and reputation.
Additionally, we compete with home-grown and open-source technologies across the categories described above. We believe that we compete favorably with respect to the factors listed above. However, many of our competitors have greater financial, technical and other resources, greater brand recognition, larger sales forces and marketing budgets, broader distribution networks, more diverse product and services offerings and larger and more mature intellectual property portfolios. They may be able to leverage these resources to gain business in a manner that discourages customers from purchasing our offerings. Furthermore, we expect that our industry will continue to attract new companies, including smaller emerging companies, which could introduce new offerings. We may also expand into new markets and encounter additional competitors in such markets.
Human Capital Resources
As of March 16, 2026, we had 194 domestic employees with 193 of those employees classified as full-time. In the United States, we had 194 employees, including 56 employees in our research and development department, 53 employees in our sales and marketing department, 85 employees in our general and administrative department. None of our employees are represented by a labor union with respect to his or her employment. In certain countries in which we operate, we are subject to, and comply with, local labor law requirements. We have not experienced any work stoppages, and we consider our relations with our employees to be good.
Suppliers
Available Networks and IBM provide hardware and software solutions that the company has come to rely on. IBM’s watsonx.ai and SanQtum are key suppliers to Datavault’s expansion into cyber secure digital assets and digital twins.
Dependence on One or a Few Major Customers
For the year ended December 31, 2025, Vivasor, Inc. (“Vivasor”) accounted for 51% and Scilex Holding Company (“Scilex”) 26% of our net revenue. For the year ending December 31, 2024, Richsound Research Ltd. accounted for 29%, Sagemcom Broadband SAS 19%, Amazon 18% and Edom Technologies Co, Ltd. 10% of our net revenue. It has been our experience that a large percentage of our sales have been attributable to a relatively small number of customers in any particular period.
Intellectual Property
Intellectual property rights are a critical component of our business strategy and competitive positioning. As of March 17, 2026, we own 46 issued U.S. patents spanning technology such as acoustic data perception, data ownership, data visualization, data valuation, data scoring, data anchoring, data monetization, inaudible tones, data tokenization, and monetization platforms. Additionally, we have 51 U.S. patent applications currently pending in the United States, including 3 applications which have received a Notice of Allowance and are awaiting issuance, 5 PCT applications and 1 patent application pending before the European Patent Office.
The pending U.S. patent applications, if issued, would be scheduled to expire between 2037 and 2045. Despite our pending patent applications, there can be no assurance that our patent applications will result in issued patents, and issued patents may be challenged, narrowed, invalidated, or circumvented by third parties. As of March 17, 2026, we own 30 registered trademarks in the United States and 15 registered trademarks and 2 pending in various non-U.S. jurisdictions, including the European Union, Canada, the United
Kingdom, Australia, China, the Republic of Korea, and Brazil, with an additional 8 trademark applications pending in the United States. However, we cannot guarantee that we will be able to secure trademark registrations or enforce exclusive rights in all jurisdictions in which we operate or seek to expand.
The Company’s patent portfolio is designed to support a platform-based architecture for the creation, authentication, valuation, and monetization of data assets across multiple industries. These technologies enable data generated from digital interactions, physical environments, and sensor networks to be securely captured, verified, tokenized, and exchanged within distributed data marketplaces. Through the integration of acoustic data signaling, blockchain-based anchoring mechanisms, and artificial intelligence–driven data analysis, the Company seeks to establish infrastructure that allows data to be treated as a tradable digital asset while maintaining verifiable ownership, provenance, and economic value.
Our intellectual property portfolio is organized across our core business divisions and technology stacks as follows:
Data Sciences Division
Our Data Sciences division manages the infrastructure for data valuation, ownership, and monetization through several proprietary technology stacks:
● Data Ownership (Data Vault – Data Experience AI Agent)
o This layer manages user identity and ownership rights, enabling consent-based data control and the establishment of data as a personal or corporate asset.
o Core Assets: Protected by issued patents 11,593,515 and 11,960,622, as well as pending applications such as 18/895,362.
● Data Visualization (Data Vault Bank – Smart Contract AI Agent)
o Utilizes smart contract agents to provide interfaces for tokenized utilization of information and financial asset management.
o Core Assets: Includes issued patent 12,340,394 (Tokenized Utilization of Event Information) and pending applications 17/842,220 (Funding a Virtual Location) and 17/441,847.
● Data Valuation (DataValue – Data Valuation AI Agent)
o This stack converts raw data into financial assets by determining economic value through automated valuation platforms.
o Core Assets: Covered by issued patents 12,198,201 and 12,475,255, and pending foreign application EP 19882248.8.
● Data Scoring (DataScore – Data Scoring AI Agent)
o Provides AI-driven scoring for trust, reputation, and ESG metrics, as well as the tokenization of carbon credits.
o Core Assets: Includes issued patent 12,443,977 (Carbon Credit Tokenization) and pending application 17/244,284.
● Data Anchoring (Sumerian – Crypto Anchors)
o Establishes multi-modal cryptographic anchors linking RWAs and data to blockchain records for authentication.
o Core Assets: Pending applications include 17/842,139 (Tokenized Minting and Authentication) and 17/941,469.
● Data Monetization (IDE)
o Provides a marketplace for the negotiation, clearing, and execution of data asset transactions.
o Core Assets: Includes issued patent 11,315,150 (Portfolio Driven Targeted Advertising Network) and pending applications like 17/842,265.
In addition to these core technology stacks, we are developing and protecting intellectual property in several emerging technology categories that extend the commercialization potential of our technology platforms:
● Tokenized Capital Markets Infrastructure (Financial Technology Stack)
o This category addresses transparency in capital markets and the prevention of illicit trading practices.
o Value/Trend: Investor demand for tokenized assets is surging, and transparency is increasingly seen as a defense against market manipulation, specifically “naked short selling”. The Nasdaq Stock Market LLC (“Nasdaq”) has recently proposed tokenizing listed stocks to enable instant settlement and transparent tracking.
o Applicable Patents: This is supported by pending applications 19/445,241 and 19/452,873, and provisional 63/952,070, which specifically cover the mitigation of naked and excessive short selling through tokenized dividend distribution.
● ESG & Sustainability Infrastructure
o This category monitors and tokenizes environmental, social, and governance (ESG) metrics, transforming sustainability data into tradable assets like carbon credits.
o Value/Trend: Sustainable investment is a primary theme for 2026, with the energy transition driving a multi-trillion dollar green economy. Climate tech patents are increasingly cited in ESG reporting to satisfy investor demands for transparency and measurable impact.
o Applicable Patents: This is anchored by issued patent 12,443,977 (Carbon Credit Tokenization).
● Biometric and Neuro-Authentication Technologies
o This stack creates secure authentication frameworks based on physiological signals, such as brainwaves and DNA profiles, which are inherently resilient to forgery.
o Value/Trend: Brain-Computer Interfaces (BCIs) are moving from clinical use into consumer and security markets, offering a robust foundation for authentication that is difficult to replicate.
o Applicable Patents: Includes issued patent 10,803,145 (Triggered Responses Based on Real-Time EEG) and pending application 17/941,623 for tokenizing DNA data.
● RWA and Data-Derived Asset Tokenization
o This layer links physical assets and sensors to blockchain records, enabling fractional ownership and instant liquidity for historically illiquid assets.
o Value/Trend: A leading trend for 2026 is the expansion of tokenized assets beyond traditional stocks and bonds to include funds, real estate, and physical commodities. Traditional financial institutions are actively converging with decentralized finance to embed blockchain in core operations.
o Applicable Patents: Supported by published application 17/941,469 for tokenizing precious physical assets.
● Event & Location Data Tokenization Platforms
o This category relates to technologies that enable the creation, management, and monetization of digital tokens representing events, locations, and related contextual data within physical or virtual environments.
o Value/Trend: The tokenization of events and location-based digital assets is emerging as a foundational infrastructure for next-generation commerce, digital identity, ticketing, and experiential marketing. These technologies also support new monetization models in which event participation, venue engagement, and geographic presence can generate tokenized digital assets capable of being traded, redeemed, or integrated into broader digital ecosystems.
o Applicable Patents: Technologies in this category are supported by issued patents and pending applications related to the creation, management, and monetization of tokenized event and location data, including applications 17/842,220, 17/842,139, and 17/842,265, which relate generally to the tokenization of virtual locations, authentication of digital assets associated with real-world events, and the exchange of tokenized data assets within distributed data marketplaces.
Acoustic Sciences Division
The Acoustic Sciences division focuses on the intersection of audio signal processing and data security. Through our Acoustic Sciences division, we develop and commercialize wireless, HD, multi-channel audio technologies designed to enable the transmission and reception of uncompressed audio without the use of traditional speaker wiring, through the following technology stacks:
● ADIO Tones (ADIO – Inaudible Tones Technology)
o This stack utilizes inaudible acoustic signals to transmit data, verify location, and trigger real-time responses across mobile and IoT environments.
o Core Assets: Protected by issued patents 10,460,709, 10,878,788, 11,030,983, and the ADIO and INAUDIBLE TONES trademarks. Pending applications include 19/267,199 (US Pub. 2025/0342809 A1).
● WiSA HT (Home Theater Technology)
o WiSA HT is our legacy wireless home theater technology, developed to support uncompressed, multi channel high definition audio transmission for residential surround sound systems. WiSA HT enables wireless audio delivery to up to eight channels with low latency and precise synchronization, allowing users to deploy home theater speaker systems without traditional speaker wiring. The technology has been integrated into various consumer products, including televisions, wireless speakers, soundbars, and external transmitter devices, and operates within WiSA’s certification and interoperability framework to allow compatible products from different manufacturers to function together.
o Core Assets: Protected by issued patents 9,183,838, 9,454,968, 9,723,580, 10,582,461, 10,602,468, 11,062,722, 11,152,011, 11,356,776, 12,375,862, 12,407,983, 12,431,156, 12,443,386, 12,439,352, 12,445,776, 12,488,783, 12,581,257. Pending applications include 19/315,482 (US Pub. 2025/0386140 A1), 19/346,545 (US Pub. 2026/0024542 A1), 19/352,344 (US Pub. 2026/0040248 A1), 19/358,207 (US Pub. 2026/0040005 A1), 19/284,215 (US Pub. 2025/0358578 A1 (allowed, not yet issued)).
● WiSA E Platform (Next Generation Wireless Audio)
o WiSA E is our current and principal wireless audio platform and serves as the technological foundation for our ongoing product development and licensing activities. WiSA E supports the wireless transmission of up to eight channels of uncompressed, high definition audio with low latency and tight channel synchronization, enabling immersive audio configurations such as 5.1.2 and 7.1 surround sound. The platform is designed as an interoperable, standards based system, allowing certified WiSA E products from different manufacturers to operate together within a single audio environment. WiSA E is intended for broad deployment across consumer and commercial devices and is positioned as a licensable and extensible technology asset rather than a single end user product.
o Core Assets: Protected by issued patents 9,183,838, 9,454,968, 9,723,580, 10,582,461, 10,602,468, 11,062,722, 11,152,011, 12,375,862, 12,407,983, 12,431,156, 12,443,386, 12,439,352, 12,445,776, 12,488,783, 12,581,257. Pending applications include 19/346,545, 19/352,344 (US Pub. 2026/0040248 A1), 19/358,207 (US Pub. 2026/0040005 A1), 19/284,215 (US Pub. 2025/0358578 (allowed, not yet issued)).
● WiSA E Hardware Module Solutions
o We offer a portfolio of WiSA E hardware modules intended for integration by OEMs into source devices, speakers, and audio systems. These modules include (i) transmitter modules (including the Falcon transmitter module) designed to wirelessly transmit multi channel audio from source devices, (ii) receiver modules (including the Endeavour receiver module) designed for integration into powered speakers and audio systems to receive and process wireless audio signals, and (iii) enterprise grade transceivers designed for larger scale or commercial and venue based audio deployments. These modules are engineered to comply with WiSA certification requirements and to support interoperability among certified devices, reducing development complexity and facilitating consistent performance across products and manufacturers.
o Core Assets: Protected by issued patents 8,660,219, 9,554,211.
● WiSA E Software Based Implementations
o In addition to hardware based solutions, WiSA E may be deployed through software based implementations, enabling compatible devices to transmit multi channel wireless audio without dedicated transmitter hardware. Such implementations may be embedded within operating systems or device firmware for products such as smart televisions, computers, or other connected devices. Software based implementations are designed to preserve the core functional characteristics of the WiSA E platform, including high definition audio delivery, low latency, and precise synchronization, while offering manufacturers increased flexibility in product architecture and potential cost efficiencies. These implementations may be subject to software licensing, update, and support arrangements.
o Core Assets: Protected by issued patents 9,380,399.
● WiSA SoundSend
o WiSA SoundSend is a consumer facing wireless audio transmitter product that provides a commercial implementation of our wireless audio technology for end users. SoundSend is designed to connect to compatible televisions and to wirelessly transmit multi channel high definition audio to WiSA certified speakers, enabling surround sound system deployment without the use of an A/V receiver or speaker wiring. The product incorporates functionality for simplified setup, automatic speaker discovery, and synchronized audio playback. SoundSend is positioned primarily as a standalone commercial product rather than as a licensable platform component and serves as a market ready demonstration of our underlying wireless audio capabilities.
● WiSA Certification and Interoperability Framework
o Our acoustic sciences products and technologies operate within a certification and interoperability framework intended to ensure compatibility among WiSA certified products across different manufacturers. Products incorporating WiSA HT or WiSA E technology may be certified to operate together within a single system, supporting mix and match configurations while maintaining defined performance standards related to audio quality, latency, and synchronization. This certification framework underpins our broader technology ecosystem and informs our commercial licensing, partnership, and product distribution strategies.
o Core Assets: Pending Applications include 19/358,207 (US Pub. 2026/0040005 A1).
Government Regulation
Our business activities are subject to various federal, state, local, and foreign laws, rules, and regulations. Compliance with these laws, rules, and regulations has not had a material effect on our capital expenditures, results of operations, and competitive position as compared to prior periods. Nevertheless, compliance with existing or future governmental regulations, including, but not limited to, those related to global trade, business acquisitions, consumer and data protection, AI Technology, environmental or related requirements or disclosures, and taxes, could have a material impact on our business in future periods. For more information on the potential impacts of government regulations affecting our business, see the section titled “Risk Factors.”
Our Corporate Information
We were formed as a limited liability company in Delaware on July 23, 2010. We converted to a Delaware corporation, effective December 31, 2017. Effective March 11, 2022, we changed our name to “WiSA Technologies, Inc.” On December 31, 2024, we completed the purchase of certain information technology assets, patents and trademarks from EOS Holdings. Effective as of February 13, 2025, we changed our name to “Datavault AI Inc.” We completed the acquisitions of CSI and API Media in May 2025 and January 2026, respectively. The address of our corporate headquarters is One Commerce Square, 2005 Market Street, Suite 2400, Philadelphia, Pennsylvania 19103.
Website Access to SEC Filings
We file annual, quarterly and special reports, proxy statements and other information with the Securities and Exchange Commission (the “SEC”). The SEC maintains an Internet website at http://www.sec.gov that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC, including Datavault. We maintain an Internet website at https://ir.datavaultsite.com. The information contained on our website or that can be accessed through our website does not constitute a part of this report and is intended for informational purposes only. We make available, free of charge through our Internet website, our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably practicable after we electronically file or furnish this information to the SEC.