AI Era Corp. reported results for the third quarter ended May 31, 2026, posting revenue of $1.5M and a net loss of $4.33M, or diluted loss per share of $(0.79), compared with revenue of $1.85M and a net loss of $125K, or $(0.04) per share, in the year-ago quarter.
Financial Highlights
- Revenue: $1.502M for Q3 ended May 31, 2026, down from $1.845M in the year-ago quarter (May 31, 2025); YoY change (18.7%).
- Net income: Net loss $4.329M for Q3 ended May 31, 2026, versus net loss $125K in the year-ago quarter.
- Diluted EPS: $(0.79) for Q3 ended May 31, 2026, versus $(0.04) in the year-ago quarter.
Business Highlights
- Revenue growth for the nine months rose 103% year over year, driven primarily by IP segment licensing and new AI revenue streams.
- Company is shifting channels from legacy download/embedded marketing to its uFilm SaaS offering and short-form drama licensing for AI training.
- uFilm IP launched in February 2026 on Uflix.ai, providing initial platform licensing revenue and marking an AI-focused repositioning.
- Corporate actions during the period included acquisition of the uFilm IP, issuance of convertible notes, and entry into a $30M equity purchase agreement to fund library expansion.
- The Mt. Kisco Theatre continued to generate steady cash flow, although revenue declined modestly year over year due to programming mix.
Original SEC Filing:
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