10-Q · April 28, 2026
reAlpha reported revenue of $841,062 for the three months ended March 31, 2026, down 9% from $925,635 a year earlier, while gross profit margin improved to approximately 66% (up ~10 percentage points). Homebuying…
Earnings analysis · 10-Q
AIRE earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The supplied 10-Q text does not include the income statement, balance sheet or cash-flow statements, so current-period revenue, margins, EPS and free cash flow cannot be reported from the filing excerpt. The key…
Read full summary
The supplied 10-Q text does not include the income statement, balance sheet or cash-flow statements, so current-period revenue, margins, EPS and free cash flow cannot be reported from the filing excerpt. The key disclosure is a substantial doubt about going-concern status, alongside a quarterly net loss of $3,049,265 and an accumulated deficit of $63,444,055 as of June 30, 2026. Financing flexibility is also constrained because Form S-3 eligibility is unavailable until April 2027, while future Nasdaq compliance remains uncertain.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Controls Remained Effective
Management concluded that disclosure controls and procedures were effective at the reasonable assurance level as of June 30, 2026.
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Partial GEM Litigation Dismissal
The company’s motion to dismiss the GEM-related lawsuit was partially granted on August 21, 2025, dismissing GYBL’s declaratory-relief claim concerning warrant validity and enforceability.
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Nasdaq Compliance Maintained
The company remains listed on Nasdaq and stated it was in compliance with Nasdaq’s continued listing requirements as of the August 14, 2026 report date.
What to watch
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Substantial Going-Concern Doubt
Management concluded there is substantial doubt about the company’s ability to continue as a going concern, citing recurring losses, negative cash flow and the need for additional capital. The independent auditor previously expressed substantial doubt in its March 12, 2026 report.
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Persistent Operating Losses
The company reported a net loss of $3,049,265 for the quarter ended June 30, 2026, a net loss of $17,590,392 for the year ended December 31, 2025, and an accumulated deficit of $63,444,055 as of June 30, 2026.
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Restricted Capital-Raising Flexibility
The company is ineligible to use Form S-3 to register securities offerings until April 2027, potentially increasing financing timelines and costs and limiting its ability to raise capital on acceptable terms.
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Future Nasdaq Delisting Risk
Although currently compliant, the company warned it may fail future Nasdaq requirements, including the minimum closing bid price, minimum equity and market-value-of-listed-securities requirements, which could lead to delisting and reduced liquidity.
Management's outlook
No quantitative revenue or EPS guidance was provided in the supplied 10-Q text; outlook appears deferred to the earnings release or call.
Earlier filings 4
10-K · March 12, 2026
reAlpha Tech describes a strategy of building a vertically integrated, AI-driven end-to-end homebuying platform (reAlpha) combining realty, mortgage brokering and title/escrow with complementary technology services…
10-Q · November 12, 2025
reAlpha Tech reported a strong revenue quarter with revenue of $1,445,137 for Q3 2025 (up from $339,227 in Q3 2024) and nine‑month revenue of $3,623,153 (vs. $422,006 prior year). Gross profit was $749,580 (51.9% gross…
10-Q · May 16, 2025
reAlpha Tech reported revenue of $925,635 for the quarter ended March 31, 2025, up from $526,414 in the prior quarter, but reported a net loss of $(2,850,351) and diluted EPS of $(0.06). Cash declined to $1,204,400 and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.