NASDAQ$FABC

StableX Technologies Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

StableX Technologies Inc reported zero revenue and a net loss of $2.4 million for Q1 2026 amid its strategic pivot to AI semiconductor development.

The company recorded no revenue or cost of goods sold during the quarter ended March 31, 2026, resulting in a net loss of $2.4 million compared to net income of $0.8 million in the prior-year quarter. Operating expenses declined to $1.7 million from $2.0 million year-over-year, driven by lower research and development spending as the company shifted focus from electric vehicles to fabless semiconductor technologies. Cash and cash equivalents stood at $3.3 million at quarter end, with subsequent financing providing additional liquidity for development initiatives.

  • Revenue remained at zero as the company paused EV commercialization and initiated AI semiconductor development.
  • Net loss widened to $2.4 million from a $0.8 million profit in Q1 2025 due to unrealized losses on digital assets and derivative fair value changes.
  • R&D expenses fell 59% to $124,864 as prior EV re-engineering activities concluded.
  • Post-quarter financing and name change to Fabric.AI position the company for MicroLED optical interconnect development with Kopin.

Headline financials

Total Revenue

$86K

Previous: $0.00
EPS (adj)

-$2.42

Previous: -$0.20-1110.0%
Marketable securities

$3.42M

Previous: $2.48M+37.8%
Total current assets

$7.97M

Previous: $15.7M-49.4%
Accounts payable

$819K

Previous: $1.66M-50.6%
Current lease obligation

$224K

Previous: $227K-1.0%
Total current liabilities

$1.58M

Previous: $7.15M-77.9%
Derivative liability

$25K

Previous: $1.13M-97.8%
Total liabilities

$1.6M

Previous: $9.78M-83.6%
Series H-7 preferred stock

$1.38M

Previous: $3.36M-59.1%
Total stockholders' equity

$1.18M

Previous: $3.01M-60.7%
R&D expense

$125K

Previous: $308K-59.4%
G&A expense

$1.58M

Previous: $1.67M-5.4%
Total operating expenses

$1.7M

Previous: $1.97M-13.8%
Interest income

$10K

Previous: $26.2K-61.9%
Change in derivative liability

-$6K

Previous: $1.53M-100.4%
Unrealized loss on securities

-$8.85K

Previous: -$71.7K+87.7%
Realized gain on securities

$38K

Previous: $211K-82.0%
Other income net

-$133K

Previous: $41.4K-421.2%
Total other income net

-$713K

Previous: $2.82M-125.3%
Net cash used in operations

-$1.1M

Previous: -$1.48M+25.8%
Net cash from investing

-$219K

Previous: $1.75M-112.5%
Net cash used in financing

-$404K

Previous: -$3.55M+88.6%
Restricted cash

$111K

Previous: $109K+1.2%
Accrued expenses

$536K

Previous: $780K-31.3%
Net Income

-$2.41M

Previous: -$1.68M-44.1%
Operating Income

-$1.7M

Previous: -$1.97M+13.8%
Gross Profit

$86K

Previous: $0.00
Cash & Equivalents

$3.26M

No prior period
Total Assets

$9.49M

No prior period

Revenue & EPS history

AYRO · Revenue · Quarterly

$86K

Q1 2026
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

Forward guidance

Company plans to advance Neural I/o MicroLED chip development under JDA with Kopin, targeting prototype demonstration with up to $15 million in development funding.

Tailwinds

  • Secured $21.5 million Series K financing post-quarter for development runway
  • Extended preferred stock maturities to October 2027, removing near-term amortization

Headwinds

  • No current revenue or commercial products
  • Significant ongoing cash burn and dependence on external financing

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.8%

Avg return

Earnings day

-4.3%

Avg return

5 days after

-6.1%

Avg return

30 days after

38%

21 / 55 earnings

Positive

+31.1%

Q1 2015

Best reaction

-16.7%

Q4 2009

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025+12.7%-22.2%+10.6%
Q2 2025-2.9%-10.2%-20.9%
Q1 2025+1.6%-4.9%+15.2%
Q4 2024+2.8%+2.0%-20.0%
Q3 2024-0.5%-5.1%+3.8%
Q2 2024+3.9%+15.3%+13.9%
Q1 2024-1.8%-1.8%-31.6%
Q1 2026+1.6%-6.6%-28.7%
Q4 2023-0.6%-7.2%-25.1%
Q3 2023+4.6%+18.3%+16.6%
Q2 2023-4.8%+4.8%-24.2%
Q1 2023-2.0%+7.8%+11.8%
Q4 2022+3.6%-5.4%+1.8%
Q3 2022-6.7%-8.3%-1.7%
Q2 2022+2.8%-1.8%-22.9%
Q1 2022+2.9%-6.7%+0.0%
Q4 2021-4.7%-11.4%-30.9%
Q3 2021-6.2%-17.6%-34.3%
Q2 2021+0.2%-5.5%-8.5%
Q1 2021+6.8%+15.9%+33.3%
Q4 2020+5.3%-0.8%-11.5%
Q3 2020-3.6%-5.9%+120.5%
Q2 2020-8.2%-15.6%-32.0%
Q1 2020+21.0%+23.5%-35.8%
Q4 2019-4.3%-19.1%+19.1%
Q3 2019-3.1%-1.6%-7.8%
Q2 2019+2.6%-3.8%+3.8%
Q1 2019-10.3%-23.8%-37.0%
Q4 2018-10.3%-23.8%-37.0%
Q3 2018+0.0%-7.5%-15.0%
Q2 2018-10.2%-10.2%-31.8%
Q1 2018-7.9%-3.0%-18.9%
Q3 2017-1.1%-1.7%-10.9%
Q2 2017-3.0%-4.5%-9.0%
Q1 2017-0.7%-6.7%+8.9%
Q4 2016-2.7%-3.4%-18.1%
Q3 2016-0.8%-1.6%+28.7%
Q4 2015+7.9%
Q2 2015-11.5%
Q1 2016-16.2%
Q1 2015+31.1%
Q4 2014+16.7%
Q3 2014-9.1%
Q2 2014+2.3%
Q4 2013+7.1%
Q3 2013-2.2%
Q2 2013-4.6%
Q4 2012+7.0%
Q3 2012-2.3%
Q4 2011-14.7%
Q2 2012-3.5%
Q2 2010-3.5%
Q1 2011+1.0%
Q4 2010-6.6%
Q4 2009-16.7%

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