A filing-led diligence review of Datavault AI, focused on revenue quality, cash conversion, dilution, tokenization claims, GPU deployment proof, and validation gates.
References
Sources used in this report
FilingFY2025 Form 10-K2026-03-19 · Revenue mix, related-party receivables, cash flow, share count, and risk factors.Press releaseFY25 results release2026-03-19 · Q4 profit headline and FY2026 revenue target.Press releaseTokenization contract release2026-04-08 · Company claim of $750M contracts and associated fees.Press releaseGPU network release2026-04-16 · First edge GPU sites and future fleet target.Press releaseScilex term-sheet release2026-04-27 · $120M contemplated contribution and revenue participation.Press release$60M offering release2026-05-03 · New shares, proceeds, and intended use of proceeds.