Ainos posts $4.6M Q2 loss as revenue falls to near zero

Ainos, Inc. (NASDAQ: AIMD, NASDAQ: AIMDW) reported a net loss of $4.6 million for the second quarter ended June 30, 2026, compared with a net loss of $4.1 million in the same period a year earlier, according to a company press release.

Revenue for the quarter fell to $152, down from $4,663 in the second quarter of 2025. For the first six months of 2026, revenue totaled $313, compared with $110,870 in the year-earlier period. Total operating expenses for the second quarter were $4.4 million, up from $3.7 million a year earlier, driven by an increase in selling, general and administrative costs to $2.5 million from $1.8 million.

The company's accumulated deficit reached $74.6 million as of June 30, 2026, up from $67.5 million at December 31, 2025. Total current liabilities rose to $16.3 million from $1.1 million at year-end 2025, reflecting the addition of $11 million in convertible notes payable and $2.8 million in loans payable that moved to current status. Cash and cash equivalents stood at $1.4 million, up from $417,353 at December 31, 2025.

Ainos said it continued deploying its AI Nose platform across semiconductor manufacturing, industrial infrastructure, healthcare, and robotics environments during the quarter. The company stated that since December 2025, AI Nose has accumulated approximately 613 million industrial smell data records, primarily from semiconductor manufacturing environments.

The company also said it advanced activities associated with a previously announced $2.1 million commercial arrangement in backend semiconductor manufacturing and continued pilot programs in front-end semiconductor environments.

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