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DataMeds AI Reports Second Quarter 2026 Financials and Provides Business Update

$MEDSPress releaseAug 17, 2026, 9:01 AM ETRead the release

DataMeds AI reported Q2 2026 revenue of $1.779 million, a 14% sequential increase, but a substantial decline from the $7.79 million reported in the same period last year. The company recorded a net operating loss of $18.36 million, significantly widening the $6.67 million loss from the prior year, driven largely by debt extinguishment expenses.

Key figures

Revenue
1779860
Guidance
Launch of Health Lives Here consumer app targeting GLP-1 users expected in second half of 2026
Net loss
18363225
Funding raised usd
6500000
Net loss prior year
6672464
Reverse split ratio
1:50
Debt restructured usd
14500000
Token ratio per share
50
Revenue seq growth pct
14

AI analysis

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