Brand Engagement Network Inc
BNAIBuild a strategy around BNAI
Brand Engagement Network Inc AI Insights
Informational only. Not investment advice.Snapshot
- TTM revenue of 75K with -27.4M operating loss - burning 365x revenue annually. Cash at 103K covers ~5 days of burn.[Total Revenue TTM]
- Goodwill/intangibles of 14.1M represent 408% of equity (3.5M) - tangible book value is -10.6M.[Goodwill and Other Intangible Assets]
- Working capital of -10.5M with 12.3M current liabilities vs 1.8M current assets signals imminent liquidity crisis.[Working Capital]
Watch Triggers
- Cash and Equivalents: Falls below 50K or no financing announced within 60 days — 103K cash with 8.4M annual burn = ~5 days runway. Financing is existential.
- Total Revenue TTM: Quarterly revenue exceeds 500K — Would signal commercial traction; current 75K annual revenue is pre-commercial.
- Shares Outstanding: Increases >20% from 42.2M — Dilutive financing likely imminent; magnitude determines equity value destruction.
Bull Case
100% gross margin on 75K revenue suggests pure software/AI model. If revenue scales, operating leverage could be extreme.
14.1M in intangibles may represent valuable IP/technology that could attract acquirer at premium to current 72.5M market cap.
Bear Case
Near-zero revenue (75K TTM) with -27.4M operating loss and 103K cash = weeks from insolvency without dilutive raise.
P/S ratio of 965x on 75K revenue - valuation assumes 1000x+ revenue growth that current trajectory cannot support.
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
Leverage BNAI's top insights and create a custom strategy based on them in seconds. Our AI editor does it all — in one click.
Forward Thesis
Company faces existential funding risk within 3-6 months without capital raise or strategic transaction
- 103K cash vs 8.4M annual FCF burn
- Working capital deficit of -10.5M
- Current debt of 3.7M coming due
Valuation Context
Caveats
Public Strategies Rankings
See how Brand Engagement Network Inc ranks across different investment strategies.
Leverage BNAI's top insights and create a custom strategy in seconds. Our AI editor does it all — in one click.
BNAI Fundamentals
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$183.3M | — | ||
$187.3M | — | ||
0.00 | — | ||
$75,120 | -44.4% | — | |
$-6.50 | — | ||
-36,433% | -20285.7% | — | |
-30,811% | -16618.9% | — | |
$-8.37M | — | ||
-218% | -110.4% | — | |
Beta 5Y (Monthly) | unknown | — |
BNAI Dividend History
BNAI Stock Splits
BNAI SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
11/25/25 | 09/30/25 | 10-Q | |
10/14/25 | 06/30/25 | 10-Q | |
06/05/25 | 03/31/25 | 10-Q | |
03/31/25 | 12/31/24 | Unknown | |
11/14/24 | 09/30/24 | 10-Q | |
10/14/25 | 06/30/24 | 10-Q/A | |
08/14/24 | 06/30/24 | 10-Q | |
05/14/24 | 03/31/24 | 10-Q | |
03/31/25 | 12/31/23 | 10-K | |
11/14/24 | 09/30/23 | 10-Q | |
10/17/23 | 06/30/23 | S-4 | |
05/14/24 | 03/31/23 | 10-Q | |
10/17/23 | 12/31/22 | S-4 |