AIOS Tech

As of June 30, 2026, cash was $0.28 million with total liabilities of $0.33 million, but other receivables swelled to $28.9 million, including a large subscription receivable from the March 2026 PIPE and loans to third parties. This transforms the risk from leverage to liquidity and collection.

Operating cash flow was $1.79 million in 1H26 and capex was de minimis, yet FY2025 operating cash flow was negative $26.9 million, underscoring instability through the transition. Overall leverage is low, but reliance on equity financing and the quality of current assets temper financial strength.