Brand Engagement Network Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $275,120 | $99,790 | $35,210 | — | — |
| Cost of revenue | — | $0 | $0 | — | — |
| Gross profit | — | $99,790 | $35,210 | — | — |
| Research and development | $162,973 | $1.1M | $236,710 | — | — |
| Operating expenses | $12.9M | $36.6M | $11.7M | — | — |
| Operating income | -$12.6M | -$36.5M | -$11.7M | -$5.4M | -$2.3M |
| Interest expense | $410,460 | $202,945 | $56,515 | — | — |
| Pretax income | -$8.6M | -$33.7M | -$11.7M | — | — |
| Income tax expense | — | $0 | $0 | $0 | $0 |
| Net income | -$8.6M | -$33.7M | -$11.7M | $7.2M | $5.1M |
| Balance Sheet | |||||
| Cash and equivalents | $172,124 | $149,273 | $1.7M | — | $861,474 |
| Current assets | $1.6M | $1.2M | $1.9M | $275,638 | $1.3M |
| Total assets | $15.3M | $18.1M | $22.0M | $314.2M | $310.7M |
| Current liabilities | $10.8M | $14.3M | $3.1M | $5.4M | $1.0M |
| Total liabilities | $11.8M | $15.5M | $4.3M | $16.4M | $20.2M |
| Stockholders' equity | $3.5M | $2.6M | $17.7M | -$40,107 | -$18.9M |
| Cash Flow Statement | |||||
| Cash from operations | -$5.1M | -$14.0M | -$5.1M | -$648,866 | -$1.7M |
| Depreciation and amortization | $3.9M | $2.7M | $637,990 | — | — |
| Stock-based compensation | $822,430 | $1.8M | $4.9M | — | — |
| Capital expenditure | $23,512 | $53,023 | $48,349 | — | — |
| Free cash flow | -$5.1M | -$14.1M | -$5.1M | — | — |
| Share repurchases | — | — | $296.2M | $0 | — |
| Impairments | $0 | $13.5M | $0 | — | — |
Shares outstanding 6.5M · Free float 23.2%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.