Management cited initial revenue from uFilm licensing of $1.32 million and short-form drama AI training pilots of $955,270, while noting a $6.91 million working capital deficit and going-concern uncertainty.
Third-quarter results and nine-month performance
AI Era posted a net loss of $1.73 million for the nine months ended May 31, 2026, reversing net income of $39,651 a year earlier.
Revenue more than doubled to $7.17 million, led by the IP segment at $6.99 million, while the Cinema segment contributed $176,824.
Operating costs and expenses climbed to $5.69 million, including amortization of $3.47 million, lifting total operating expenses despite no costs of copyrights sold.
Other expense widened to $3.2 million on interest expense and changes in warrant and derivative liabilities, driving the period’s loss.
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