DNA X, Inc. Reports First Quarter 2026 Financial Results
DNA X, Inc. reported Q1 2026 net income of $6.3 million, driven entirely by the sale of its legacy mobile device business to NEXA Mobility. Continuing operations generated zero revenue and a net loss of $3.9 million, reflecting the company's transition phase. The company completed its rebranding from Sonim Technologies and confirmed a strategic pivot to an AI-driven cryptocurrency trading platform.
Key figures
- Eps
- 5.01
- Eps Beat
- 0
- Revenue
- 0
- Revenue Yoy
- 0
- Deal Value Usd
- 15000000
- Offering Price
- 0
- Shares Offered
- 0
- Net income
- 6340000
- Cash position
- 1195000
- New debt raised
- 1800000
- G and a expenses
- 3618000
- Working capital adjustment
- 1500000
- Asset sale proceeds deferred
- 1500000
- Asset sale proceeds immediate
- 12000000
AI analysis
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