KIDZ AI Q2 service revenue fell 34% to $0.48 million; net loss narrowed 35%
KIDZ AI Inc. reported second quarter 2026 results for the period ended June 30, 2026. Service revenue fell about 34% year over year to about $0.48 million, while the net loss narrowed 35% to about $2.50 million, and the company said the revenue decline reflects a shift of focus toward its AI infrastructure build-out, where AI compute revenue has not yet started.
Key points
- Service revenue was about $0.48 million, versus about $0.73 million in the prior year period, a decrease of about 34%.
- Net loss was about $2.50 million, versus about $3.87 million a year earlier; gross margin was 44%, consistent with the prior year quarter.
- Cash and restricted cash were about $8.88 million at June 30, 2026, up from about $2.75 million at December 31, 2025.
- Convertible notes payable fell from about $8.20 million to about $0.67 million since year-end, primarily through conversions to equity.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.