Alpha Modus Holdings (AMOD) Q2 2026 earnings summary

Executive summary

• No revenue was generated for the three and six months ended June 30, 2026, as the company remains pre-revenue and focused on technology and IP development for retail environments.

• Net loss for Q2 2026 was $2.15M, an improvement from $2.79M in Q2 2025, mainly due to favorable changes in warrant liability and lower settlement losses.

• Operating expenses increased significantly year-over-year, driven by higher professional fees, payroll, and development costs for kiosk systems.

• The company completed major equity conversions, eliminating all Series C preferred stock by June 30, 2026, and increasing Class A common shares outstanding to 4,933,091.

Financial highlights

• Operating expenses for Q2 2026 were $2.56M, up from $1.15M in Q2 2025; for the six months, $6.37M vs. $2.51M year-over-year.

• Total other income for Q2 2026 was $411K, compared to a $1.64M expense in Q2 2025, mainly due to a $924K gain from warrant liability revaluation.

• Net loss for the six months ended June 30, 2026, was $6.17M, compared to $3.10M in the prior year period.

• Cash at June 30, 2026, was $2.0M, up from $68K at year-end 2025, primarily due to financing activities.

• Net cash used in operations for the six months was $2.40M, with $4.46M provided by financing activities.

Outlook and guidance

• Management expects continued losses and significant expenses over the next twelve months, with a minimum of $2.5M in additional capital needed to support growth plans.

• There is substantial doubt about the company's ability to continue as a going concern without additional funding.