Banzai International, Inc. (BNZI) Form 10-Q — Aug 14, 2026
Banzai International (rebranded Parabolic, ticker moved from BNZI to PARA on August 7, 2026) reported Q2 2026 revenue of $2.27 million, down 27% year over year, with a net loss of $4.97 million; first-half revenue fell to $4.97 million from $6.51 million a year earlier. The 10-Q carries substantial-doubt going-concern language: cash was roughly $0.6 million at June 30, 2026 against about $9.4 million of first-half operating cash burn and a $114.2 million accumulated deficit, leaving the company dependent on Yorkville SEPA advances, its ATM, and new debt to keep operating.
Key figures
- Revenue
- 2273000
- Revenue Yoy
- -27.3% (Q2 2026: $2,273K vs $3,127K)
- Cash Position
- ~$0.6 million as of June 30, 2026
- Shares Outstanding
- 3,517,105 Class A + 33,856 Class B as of August 13, 2026 (2,690,579 total at June 30, 2026)
- Goodwill
- 21992000
- Six month revenue
- 4969000
- Total liabilities
- 19071000
- Accumulated deficit
- 114200000
- Reverse split ratio
- 1-for-20 (effective May 8, 2026)
- Stockholders equity
- 12230000
- Operating cash burn six months
- 9400000
- Anti dilutive securities overhang
- 830532
- Yorkville sepa shares issued h1 2026
- 1228150
- Cpbf convertible notes carrying value
- 4752000
- Warrant exercise price per whole warrant
- 115000
Price after filing
Close on the filing date to close N calendar days later (from $1.70). Historical, not a forecast.
AI analysis
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