Brand Engagement Network Q1 FY26 net loss narrows to $3.06 million; revenue rises to $104,311

• Brand Engagement Network posted a net loss of USD 3.06 million for quarter ended March 31, 2026, narrowing from USD 3.61 million a year earlier.
• Revenue rose to USD 104,311 from USD 10,000, while operating loss narrowed to USD 3.33 million from USD 4.15 million.
• Total operating expenses fell to USD 3.44 million from USD 4.16 million, led by a drop in general and administrative expense to USD 2.36 million from USD 3.21 million.
• Cash used in operating activities increased to USD 3.72 million from USD 2.63 million, while cash provided by financing activities climbed to USD 5.49 million from USD 2.83 million.
• Quarter included USD 4.47 million of cash proceeds from warrant exercises, a USD 1.52 million private placement at USD 63.25 per share, termination of USD 50 million SEPA facility, and AI Concierge moving to guest-facing deployment at Seven Visions Resort & Places, The Dvin.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brand Engagement Network Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023892), on May 15, 2026, and is solely responsible for the information contained therein.