AIxCrypto Holdings, a pre-revenue AI crypto company, saw its cash fall from $19.33 million to $577,328 in six months, a 97% decline. The company invested $12 million in Faraday Future securities, including $500,000 in Class A common stock and $11.5 million in Series C preferred stock, while Faraday Future is its controlling majority stockholder. The first-half net loss reached $10.27 million and the fair value of its digital assets dropped from $10.25 million to $5.21 million. The RoboShare project, aimed at launching a robot-rental marketplace in Los Angeles with revenue expected in the third quarter, remains conditional on operational readiness, execution, and applicable revenue-recognition requirements.
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