Datavault AI Inc.

Good morning, everyone. Welcome to the Data Vault AI fourth quarter and full year 2025 corporate update call. I will now turn the call over to Ed Barger, Vice President of Investor Relations. Please go ahead.

Thank you, Operator. Good morning and thank you for joining us. My name is Ed Barger. I recently joined Data Vault AI as Vice President of Investor Relations. I am pleased to be here today and look forward to speaking with all of you in the investment community over the coming weeks and months. With me today is our Chief Executive Officer, Nathaniel Bradley, and our Chief Financial Officer, Brett Moore. Before I turn the call over to our CEO, I'd like to remind you that this conference call will include forward-looking statements within the meaning of U.S. SEC laws with respect to future operations, financial results, events, trends, and performance, which are based on management's beliefs and assumptions as of today's date. Forward-looking statements may involve known and unknown risk, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements please see data vault's fourth quarter press release and sec filings for information regarding specific risks uncertainties that could cause actual results to differ materially except as required by law data vault ai undertakes no obligation to update such forward-looking statements i will now pass the call over to our ceo nathaniel bradley nate

Thank you, Ed, and thank you all for joining us today. This was a strong year for our company, and I'm excited to review our results with you today. We'll begin with key highlights and accomplishments followed by our business outlook and conclude with expectations for 2026 before opening the call for Q&A. As you can see from the chart, we delivered significant sequential revenue growth. which resulted from our first ever profitable quarter on a GAAP basis. With adjusted EBITDA exceeding $8 million, in addition, we took decisive steps in 2025 to fund our future growth. Through strategic financing initiatives, we substantially eliminated our debt and strengthened our balance sheet, ending the year with over $115 million in working capital. 2025 was a transformative period for the company as we executed on our strategic vision. We completed the acquisitions of CompuSystems Incorporated, or CSI, as well as API Media in early 2026. We are now operating an internal initiative of the joint companies under a project known as Event Citadel. These highly complementary businesses enable us to unify data from events, capture audience engagement, and monetize across both physical and digital environments. This creates a scalable ecosystem for tokenized data asset creation and recurring revenue generation through our exchanges. As we integrate these platforms, we increasingly are positioned to deliver end-to-end solutions that combine AI, data analytics and blockchain-based monetization, strengthening our competitive position across multiple high growth vertical markets. We believe that the blockchain and Web3 ecosystems represent a large and rapidly expanding market opportunity. Driven by the shift towards data ownership, tokenization, and the decentralized monetization, DataVault AI is positioned to provide end-to-end platform that enables enterprises to securely transform their data into monetizable assets through our exchanges. Data is our commodity, and data has always been the most significant and critical asset that organizations have in facing growing challenges around security, cybersecurity, ownership, and monetization. And we are ready to address these needs through a secure, transparent, and scalable platform operating in a large, rapidly growing market. Adoption already widespread and projected to expand at a 25.8 year-over-year growth rate. Real-world asset tokenization represents one of the most significant emerging opportunities in the financial markets today. The market is staged for blockbuster growth. $126 trillion of equity markets content is being tokenized currently. The system has grown over the past several years driven by the increase of institutional adoption and the change in the regulatory environment around digital assets. The demand for more efficient, transparent, and yield-focused AI-driven infrastructure has taken the RWA market to an over $30 trillion growth projection. We address this market through a patented infrastructure that provides an exchange for the fair valuation the scoring, and the monetization through transaction in a system that can clear anywhere in the world. We believe DataVault AI is uniquely situated with patented technologies covering tokenomics and exchange, that real-world assets will be tokenized in a market that is exploding in size where we represent the sole source of exchange within a company that has the freedom to operate and the entire control of market systems that enable transaction to occur on a worldwide basis. The monetization and capture and tokenization of digital assets creates real-world recurring revenue generative sources. Our IP-driven license model, combined with our acquisitions of CSI and API Media, provides both the infrastructure and real-world asset sources needed to scale. We are well-positioned at the intersection of AI, data, and blockchain, that enable us to capture value and tokenization and adoption that accelerates growth through the use of AI and automated systems that we present in platform. Our patented indexes or exchanges are essentially structured data sets that are organized, scored, valued, and observable from a system that organizes and indexes data in a system that allows participation from any entity that needs to claim its assets of data, never relinquishing them, never giving them to a third party, but instead claiming them and understanding the value and score of them, the cybersecurity risk around them, and the other measurements of these assets that provide quality information for ultimately insights and decision-making. We represent these products in the form of data that is tokenized and traded on the data information exchange. We've developed a number of genre-specific exchanges under this patented technology framework. We've also licensed the NIACS, which gives us access to the NASDAQ financial framework. This entity, the Data Information Exchange, has spawned the ability to capture one's name, image, and likeness, the ability to monetize within sports and entertainment. We've now labeled sports illustrated exchange the addition of real world assets to the public stage and the ability to utilize real world assets such as real estate precious metals gases uh uranium titanium aluminum aluminum chromium other assets that can be tokenized and developed into monetizable systems that provide needed capital to miners and to individuals that extract or own or control precious metals, other real-world assets. And we've brought that forward in an exchange that will be known as the International Elements Exchange. We have, thirdly, an American political exchange that we've positioned at the end of this year to solve for the relationship between candidates and causes and their constituents, providing a direct exchange for those individual operations under a Federal Elections Commission approved system that keeps compliance and oversight and insights at the forefront of political operation systems. And so we have an exchange genre that stems from data that is being carved up into individual exchanges that allow us to monetize and turn raw data into measurable, comparable assets to support pricing and valuation for tokenization. We enable licensing and royalties tied to data usage, and we've developed genre-specific exchanges to allow us to monetize rapidly these assets. We have patented technology stack second to none. Our patented technology stack includes Clear, which is a KYC system that allows us to know our customer, allows our systems to re-centralize the decentralized wallets and other aspects of the Web3 ecosystem. Our clear advantage is that we bring a KYC system that is recognizable, well-registered, and has a large user base that is automatically catapulted into a Data Vault account. We have international corollaries for clear function, where we have KYC provided by international providers that bolster that capability within our platform. We've developed with IBM software that orchestrates our systems. We have a developer and a platinum partnership with IBM. We also have a system with IBM that we've created within our platform that allows for the use of our proprietary software scoring, and valuation engines to both score and value data the moment it is born at the edge of the Internet. The moment that data appears on the scene, our systems stand ready to score and value on behalf of the owner and point towards yield management systems that are ultimately injected into our exchanges to be monetized at maximum yield. We are licensors of NIAX, a financial framework and a system that allows for tokenization and patented infrastructure towards exchange of those tokenized assets. NIAX gives us access to the NASDAQ financial framework, allowing our tokens to be traded on one of the most trusted financial frameworks in the world. We have Fiserv as a partner that can reduce to fiat, reduce to debit card proceeds from digital assets, a toggle switch from fiat to token and token to fiat. And the idea that we're able to have a partner recognizable worldwide that allows us to clear within seconds transactions is a very powerful tool within this platform. We have, of course, audit and responsibility, a new element around the comprehensive compliance infrastructure required to operate in exchange, in digital asset, in all aspects of management regarding tokenomics and the transactions that occur on a worldwide basis with compliant, high integrity, very transparent, and very high quality tokenomic platforms that are cyber secure. Houlihan Loki, a smart contract auditor, will be reviewing all smart contracts created from our platform, the architecture of those contracts, the legality and the underlying compliance infrastructure related to smart contract execution on a worldwide basis. We are taking high-quality digital assets to the highest quality exchange within a patented infrastructure that is second to none. Our acoustic division is essentially a combination of WISA, API, and Event Citadel. We generate ongoing revenue by enabling real-time data transmission engagement, and authentication through sound-based technology, notably ADDIO and WISA. Importantly, this division also serves as a key data organization layer. It's creating highest quality value assets. It is a manufacturer of semiconductor, and if you Remember that NVIDIA came from video. Data Vault AI comes from audio. We have created a system that has been world renowned for eliminating latency in audio transmission that is of high definition quality. Our platform enables both direct and downstream revenue opportunities that include licensing and large-scale operations within the licensing in robotics and in the future of AI technology. It is a key component of our platform that serves as a secure foundation of our ecosystem, that cybersecurity is job number one. The most important aspect to digital assets is cybersecurity. Cybersecurity is a problem that we've addressed head on. We've looked at the necessary requirement of the cybersecurity related to digital twins. And securing tokens within a sanctum that provides for a leap to quantum computing, that provides high performance computing capability to track, manage, index, score and value data in a secure environment that has no cyber security threats. The ability to view a digital twin is an extremely valuable experience. The ability to make digital twins a reality requires infrastructure. The investment into Sanctum provides a railway. This security layer is critical as it allows for the transformation of data into verifiable, monetizable assets, whether through licensing or tokenization. or whether through financial products that are traded on exchanges that are genre-specific and towards the use case that is most advantageous to the owner of data and product in the digital realm. By combining Sanctum with our broader tokenization, monetization, and acoustic systems, that allow us to use our Sumerian crypto anchors and our other patented technology to revolutionize the end-to-end secure, cyber secure ability to transact in an open system of blockchain that is both breakthrough and enlightening. We capture real world assets through our acoustic and enterprise technologies. We can capture data in ways that other companies cannot. We have the ability to validate and secure it through our cyber secure sanctum. We organize and assign value through the index platform known as Data Vault. And ultimately, We monetize data through AI systems focused on yield management and the maximization of financial yield related to digital assets. We license and tokenize assets in a recurring revenue model that creates a renewable stream of revenue and a growing opportunity for the clients that jump on board the tokenization revolution. This is the end-to-end approach that allows us to participate across a full lifecycle of data from the moment it is born, it is valued, and it's scored. It's understood in context. It's understood in value of all its subordinates. all of its antecedents, all its prerequisites. It is fully understood. It is scored, valued, and tokenized. It is available for monetization on the exchange when it qualifies for all regulatory-compliant requirements, and it is traded in a way that provides a lifeblood of revenue for our clients and for the users of these systems. As noted in our press release, We are reiterating the guidance that we provided in the fall of 2025. We expect top line revenue of $200 million for the full year 2026. We expect sequential growth each quarter with momentum building throughout the year and the majority of our $200 million outlook weighted to the second half. One more thing we'd like to add this morning is that our team will be infused with the talent of NIACS and the technology that they have patented many years ago. We will join forces at Data Vault AI to create the ultimate exchange experience and exploit the opportunity of tokenomics for American companies and companies worldwide. I'd also like to thank our management team, for their exceptional leadership throughout the end of last year. Their relentless focus and disciplined execution and strategic alignment gives me strong confidence in our ability to deliver sustained, long-term value for our shareholders. And as we scale this vision with them, I'd like to thank all of them and now open the call for questions.