--- title: "Eva Live | 10-Q: FY2026 Q1 Revenue: USD 3.903 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286609213.md" datetime: "2026-05-15T20:20:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286609213.md) - [en](https://longbridge.com/en/news/286609213.md) - [zh-HK](https://longbridge.com/zh-HK/news/286609213.md) --- # Eva Live | 10-Q: FY2026 Q1 Revenue: USD 3.903 M Revenue: As of FY2026 Q1, the actual value is USD 3.903 M. EPS: As of FY2026 Q1, the actual value is USD -0.24. EBIT: As of FY2026 Q1, the actual value is USD -8.607 M. #### Segment Revenue - **Digital advertising and media monetization** revenue was $3,251,534 for the three months ended March 31, 2026, compared to $3,681,520 for the three months ended March 31, 2025 . - **Marketing services** revenue was $651,697 for the three months ended March 31, 2026, compared to $0 for the three months ended March 31, 2025 . #### Operational Metrics - **Net loss** for the three months ended March 31, 2026, was - $8,564,076, a significant decrease from a net income of $1,995,694 in the prior year, representing a -529.1% change . - **Operating loss** was - $9,106,394 for the three months ended March 31, 2026, compared to an operating income of $2,002,962 for the same period in 2025, a -554.6% change . - **Total operating expenses** increased by 675.0% to $13,009,625 for the three months ended March 31, 2026, from $1,678,558 in the prior year . - **General and administrative expenses** increased by 2359.0% to $9,279,934 for the three months ended March 31, 2026, from $377,385 in the prior year, primarily due to equity-based compensation arrangements . - **Media traffic purchase expense** increased by 186.7% to $3,729,442 for the three months ended March 31, 2026, from $1,300,766 in the prior year, reflecting expanded media buying and customer acquisition activities . Media traffic purchase costs were approximately 95% of revenue for the three months ended March 31, 2026, compared to approximately 41% of revenue for the year ended December 31, 2025 . - **Amortization and depreciation expense** decreased by -38.8% to $249 for the three months ended March 31, 2026, from $407 in the prior year . - **Interest expense** increased by 6766.8% to - $499,082 for the three months ended March 31, 2026, from - $7,268 in the prior year, mainly due to new convertible notes issued . - The company recognized an **unrealized loss on marketable securities** of - $140,600 for the three months ended March 31, 2026 . - A **gain on the change in fair value of derivative liability** of $1,739,000 was recognized for the three months ended March 31, 2026 . - A **loss on settlement of payable** of - $310,000 was recorded for the three months ended March 31, 2026 . - A **loss on issuance of convertible note** of - $247,000 was recognized for the three months ended March 31, 2026 . #### Cash Flow - **Net cash used in operating activities** was - $1,284,193 for the three months ended March 31, 2026, compared to net cash provided by operating activities of $109,542 for the prior year period . - **Net cash provided by financing activities** was $6,850,938 for the three months ended March 31, 2026, primarily from the issuance of the Streeterville Initial Note, compared to $133,910 for the prior year period . #### Unique Metrics - **Working capital** improved from $9,679,283 at December 31, 2025, to $17,657,580 at March 31, 2026 . - **Total stockholders’ equity** increased by $2,658,614 to $12,352,816 at March 31, 2026, from $9,694,202 at December 31, 2025 . - Approximately 79% of the gross accounts receivable balance of $19,815,549 at March 31, 2026, was outstanding for more than 90 days . #### Future Outlook and Strategy Eva Live, Inc. plans to continue executing its Eva Platform digital advertising business and grow its AI-driven marketing services, deploying cash for working capital and growth while reducing legacy convertible note obligations . Management anticipates media traffic purchase costs will normalize to 41% to 45% of revenue over the next two fiscal quarters, which is expected to reduce operating losses and improve operating cash flow . The company also aims to collect substantially all outstanding accounts receivable and reduce cash general and administrative expenses by approximately 30% to 40% in the second half of fiscal 2026 . ### Related Stocks - [GOAI.US](https://longbridge.com/en/quote/GOAI.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md) - [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md)