MDB Capital Holdings (MDBH) Q1 2026 earnings summary

Executive summary

• Report covers the quarter ended March 31, 2026, with 5,438,632 Class A shares outstanding as of May 14, 2026.

• Operates two segments: broker dealer & intellectual property services, and technology development.

• eXoZymes transitioned to a minority-owned equity method investment after its IPO in November 2024.

Financial highlights

• Net loss attributable to members was $6.7 million for Q1 2026, compared to $6.6 million in Q1 2025.

• Total revenue (net operating income) was $44,000, down from $828,000 year-over-year.

• Fee income from the broker dealer increased to $2.86 million from $2.14 million year-over-year.

• Unrealized losses on investment securities (licensed broker dealer) were $3.05 million, up from $1.46 million.

• Cash and cash equivalents at March 31, 2026, were $12.2 million, down from $13.2 million at year-end.

Outlook and guidance

• Management notes ongoing monitoring of macroeconomic risks, including inflation, supply chain, and geopolitical conflicts.

• No specific forward-looking financial guidance provided.