reAlpha Tech

The June 30, 2026 Form 10‑Q cites substantial doubt about the ability to continue as a going concern. Cash and equivalents were about 2.23 million dollars at June 30, 2026; net cash used in operating activities was about 5.48 million dollars for the first half.

Deferred consideration for Prevu was about 1.83 million dollars outstanding at June 30, and the InstaMortgage acquisition adds 0.5 million dollars cash at close plus 6.5 million dollars of bi‑annual obligations over three years (at least 1.5 million dollars in cash), all against a modest cash balance and negative free cash flow.

Debt is low at the parent level, but financing dependence and dilution risk are high.