Mynd.Ai revenue fell to USD 73.37 million, net loss narrowed to USD 20.15 million.
Operating loss improved to USD 13.95 million, interest expense rose to USD 5.14 million.
Cash and cash equivalents slid to USD 7.04 million, net cash used in operating activities improved to USD 26.44 million.
Supplier financing and management commentary
NetDragon funded USD 18.64 million of supplier invoices under a USD 50 million revolving inventory agreement; related-party payables climbed to USD 23.98 million.
Management cited lower revenue versus the prior-year period, partly offset by cost-reduction and operational-efficiency initiatives implemented during 2026 and 2025.
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