AiRWA posted revenue of $25.81 million, more than doubled from a year earlier.
Operating results turned to a loss of $6.12 million, versus operating income of $6.58 million a year earlier.
Gross profit fell 66% to $3.34 million, while cost of revenue climbed to $22.47 million.
General and administrative expense rose 167% to $8.71 million, and selling and marketing expense totaled $746,230.
Management cited $6.6 million of AI services revenue and about $12 million of advertising revenue, while license revenue fell about $5.7 million after terminations.
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