Microcap Ledger

Tickers · $BNAI

Brand Engagement Network Inc. $BNAI

By Microcap Ledger desk · CIK 0001838163

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Services-Computer Integrated Systems Design
Headquarters
Wilmington, DE
Fiscal year end
December 31
Shares outstanding
7,488,046 [10-Q 2026-08-14]
as of 2026-08-14

Sources: [10-K 2026-04-16]

What the company doesAI summary of filing

Brand Engagement Network Inc. develops conversational AI solutions powered by its proprietary Engagement Language Model (ELM), designed to operate within secure, enterprise-grade environments using organization-approved data. The company sells configurable AI Agents to healthcare, hospitality, insurance, automotive, advertising, and other enterprise customers to automate customer engagement, improve operational efficiency, and execute tasks within existing business systems and workflows. As a pre-revenue company, the company has conducted pilot programs and early deployments with healthcare organizations and strategic partners since 2023, with initial commercialization activities ramping in 2024 and 2025 across multiple verticals and international markets. The company generates revenue from enterprise software licensing and deployment services across cloud, on-premises, and hybrid environments. [10-K 2026-04-16]

Segments: Conversational AI Agents, Healthcare Solutions, Hospitality Solutions, Automotive Solutions

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$160.9K−$6.42M −$5.61M$708.2K[10-Q 2026-08-14]
FY ended Dec 2025$275.1K−$8.63M −$5.09M$172.1K[10-K 2026-04-16]
FY ended Dec 2024$99.8K−$33.72M −$14.04M$149.3K[10-K 2026-04-16]
Quarterly cash burn
−$2.80M
Cash runway Estimate
~0.8 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-1337,931,764[10-Q 2024-11-14]
2025-03-2742,274,461[10-K 2025-03-31]
2025-04-3042,989,398[10-Q 2025-06-05]
2025-09-3044,880,795[10-Q/A 2025-10-14]
2025-11-2544,880,795[10-Q 2025-11-25]
2026-04-135,857,955[10-K 2026-04-16]
2026-05-156,507,687[10-Q 2026-05-15]
2026-08-147,488,046[10-Q 2026-08-14]
Shelf registration
S-1 filed 2025-02-14; no effectiveness notice found in EDGAR [S-1 2025-02-14]

Listing status

Current status: 4 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2025-08-27. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2025-08-278-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-08-27]
2025-07-028-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-07-02]
2025-05-238-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-05-23]
2025-01-068-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-01-06]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2025-12-15Pinnam Venkata Ramanasell267$2.58[4 2025-12-16]
2025-12-12Pinnam Venkata Ramanasell3,728$2.65[4 2025-12-16]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.