WLFI treasury company AI Financial reports net loss of $271.5 million in Q1 2026, faces going concern risk

Odaily Planet Daily News WLFI treasury company AI Financial stated that the company recorded a net loss of $271.5 million in the first quarter of 2026, compared to a loss of $2.4 million in the same period last year. As of March 28, the company had a working capital deficit of approximately $5.5 million, with total liabilities of $391,000 and total assets of $322,000, raising substantial doubt about its ability to continue as a going concern within one year.

As a WLFI treasury company, AI Financial held 7.3 billion WLFI tokens as of March 28, worth $703.4 million. Its value has fallen by one-third from over $1 billion at the end of last December, resulting in an unrealized loss of $348.3 million. The company's cost to purchase these tokens was nearly $1.46 billion. Additionally, the company borrowed nearly $15 million from WLFI in January. Its stock closed down nearly 6.3% at 85 cents on Tuesday. (cointelegraph)