$GOAI

Eva Live Inc

CIK:0001983736|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Sales	$ 4,204,390	$ 4,138,712	$ 8,107,621	$ 7,820,232
Total revenue	4,204,390	4,138,712	8,107,621	7,820,232
Operating expenses
General and administrative	2,017,316	331,451	11,297,250	708,836
Media traffic purchase	3,049,042	1,175,780	6,778,484	2,476,546
Amortization and depreciation	245	380	494	787
Total operating expenses	5,066,603	1,507,611	18,076,228	3,186,169
Operating income (loss)	(862,213)	2,631,101	(9,968,607)	4,634,063
Other income (expense):
Interest expense	(1,178,007)	(6,000)	(1,677,089)	(13,268)
Marketable securities gain (loss), unrealized	636,005		495,405
Change in fair value of derivative liability	(345,542)		1,393,458
Loss on settlement of payable			(310,000)
Loss on issuance of senior secured convertible promissory note			(247,000)
Total other income (expense)	(887,544)	(6,000)	(345,226)	(13,268)
Income (loss) before provision for income taxes	(1,749,757)	2,625,101	(10,313,833)	4,620,795
Provision (benefit) for income taxes
Net income (loss)	$ (1,749,757)	$ 2,625,101	$ (10,313,833)	$ 4,620,795
Net loss per common share, basic	$ (0.05)	$ 0.08	$ (0.28)	$ 0.15
Net loss per common share, diluted	$ (0.05)	$ 0.08	$ (0.28)	$ 0.15
Weighted average number of common shares outstanding basic	37,331,301	31,341,436	36,676,809	31,341,436
Weighted average number of common shares outstanding diluted	37,331,301	31,341,436	36,676,809	31,341,436

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025	Dec. 31, 2025	Dec. 31, 2024
Cash Flows from operating activities:
Net loss	$ (1,749,757)	$ 2,625,101	$ (10,313,833)	$ 4,620,795	$ (8,127,313)	$ 3,753,268
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	245	380	494	787
Shares issued for services			3,257,500
Deferred stock based compensation			(1,875,000)
Stock-based compensation			8,011,669
Loss on extinguishment of debt			310,000
Amortization of deferred financing costs and original issue discount			162,994	(14,000)
Loss on issuance of convertible note			247,000
Change in fair value of derivative liability	345,542		(1,393,458)
Unrealized gain on marketable securities	(636,005)		(495,405)
Amortization of debt discount, convertible note	10,600		1,225,774
Marketable securities received as non-cash consideration			(713,600)
Changes in operating assets and liabilities:
Accounts receivable			(4,458,391)	(4,756,297)
Accounts payable and accrued liabilities			1,289,130	184,498
Accrued expenses			(751,791)
Accrued interest			291,739	13,268
Non-cash debt reclassifications, net of issuance costs reclassified to financing			(24,038)	(46,710)
Net Cash used in operating activities			(5,229,216)	2,341
Cash flow from investing activities:
Purchase of capitalized software and equipment			(311,852)	(7,581)
Net Cash used in investing activities			(311,852)	(7,581)
Cash flow from financing activities:
Proceeds from convertible note (Streeterville)			6,970,000
Proceeds from notes (Diagonal/Boot)			1,043,000	189,963
Repayment of notes (Diagonal/Boot/Allison)			(327,406)
Debt issuance costs paid (placement agent and legal)			(565,000)
Proceeds from at-the-market equity offering			456,166
Net Cash Provided by financing activities			7,576,760	189,963
Net change in Cash and cash equivalents for the period			2,035,692	184,723
Cash and cash equivalents at the beginning of the period			202,524	76,356	76,356
Cash and cash equivalents at the end of the period	$ 2,238,216	$ 261,079	2,238,216	261,079	$ 202,524	$ 76,356
Non-cash investing and financing activities:
Initial recognition of derivative liability — convertible note bifurcation			6,415,000
Marketable securities received as non-cash consideration for IR services contracts			713,600
Traffic purchase reclassification			(34,038)
Shares issued to repay senior secured convertible note (Streeterville)			832,453
Shares issued to repay convertible notes (Diagonal/Boot)			625,753
Shares issued for settlement of accrued liabilities (related parties)			1,882,094
Equity interest in Psquared Inc. received in settlement of accounts receivable			3,000,000
Shares issued for settlement of accounts payable			4,532,974
Shares issued for consulting and advisory services			3,257,500
Supplemental cash flow information:
Cash paid for interest			$ 28,977