GOAI
GOAI
Eva Live, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $4.91M ▲ | $578.21K ▼ | $1.82M ▼ | 37.13% ▼ | $0.06 ▼ | $1.91M ▼ |
| Q2-2025 | $4.14M ▲ | $5.59M ▲ | $2.63M ▲ | 63.43% ▲ | $0.08 ▲ | $2.63M ▲ |
| Q1-2025 | $3.68M ▲ | $4.38M ▲ | $2M ▲ | 54.21% ▼ | $0.02 ▲ | $2M ▲ |
| Q4-2024 | $2.92M ▲ | $-23.66K ▼ | $1.95M ▲ | 66.59% ▲ | $0.02 ▲ | $1.95M ▲ |
| Q3-2024 | $1.98M | $6.54M | $-5.53M | -278.95% | $-0.04 | $-5.51M |
What's going well?
Sales are growing fast, and the company turned its core business from a loss to a profit. Operating expenses are under control, showing improving efficiency.
What's concerning?
Gross margins dropped sharply, meaning the company is keeping less from each sale. Net income and earnings per share are down, which could worry investors if the trend continues.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $349.28K ▲ | $13.27M ▲ | $5.25M ▲ | $8.01M ▲ |
| Q2-2025 | $261.08K ▼ | $9.12M ▲ | $2.93M ▲ | $6.19M ▲ |
| Q1-2025 | $316.58K ▲ | $6.34M ▲ | $2.78M ▲ | $3.56M ▲ |
| Q4-2024 | $76.36K ▼ | $4.11M ▲ | $2.54M ▼ | $1.57M ▲ |
| Q3-2024 | $849.26K | $2.7M | $2.9M | $-199.34K |
What's financially strong about this company?
GOAI has a very high current ratio, lots of liquid assets, and almost no intangible or risky assets. Equity is much higher than debt, and book value is rising quickly.
What are the financial risks or weaknesses?
Receivables and payables are both growing much faster than other items, which could signal slower customer payments or aggressive growth. Debt is rising fast, and the company has a long history of losses.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.82M ▼ | $-267.83K ▼ | $-2.62K ▲ | $358.65K ▲ | $88.2K ▲ | $-260.25K ▼ |
| Q2-2025 | $2.63M ▲ | $-107.2K ▼ | $-4.35K ▼ | $56.05K ▼ | $-55.5K ▼ | $-111.55K ▼ |
| Q1-2025 | $2M ▲ | $109.54K ▲ | $-3.23K ▲ | $133.91K ▲ | $240.22K ▲ | $106.31K ▲ |
| Q4-2024 | $1.95M ▲ | $-781.51K ▼ | $-6.5K ▼ | $15.1K ▲ | $-772.91K ▼ | $-788.01K ▼ |
| Q3-2024 | $-5.53M | $-448.99K | $0 | $-40K | $-488.98K | $-448.99K |
What's strong about this company's cash flow?
The company is still able to borrow to fund operations, and capital spending is low, which limits cash outflows.
What are the cash flow concerns?
Cash from operations is deeply negative and getting worse, working capital is draining cash, and the business is highly dependent on new debt to survive.
5-Year Trend Analysis
A comprehensive look at Eva Live, Inc.'s financial evolution and strategic trajectory over the past five years.
GOAI’s key strengths include rapid revenue growth, improving margins, and an asset-light, scalable business model anchored in proprietary AI technology. The company has assembled an integrated product ecosystem—spanning ad buying, optimization, fraud prevention, and lead engagement—that aligns closely with advertisers’ desire for measurable performance. Its balance sheet still shows positive equity, and the recent Nasdaq uplisting provides greater visibility and potential access to capital, which can support further growth if managed carefully.
Major risks center on financial sustainability and competitive pressure. GOAI remains loss-making with persistently negative free cash flow and has recently seen a worsening in cash generation, prompting increased use of debt and a drawdown of cash reserves. Operating expenses, particularly overhead, are high and volatile, while retained earnings continue to move deeper into negative territory. At the same time, the company operates in a highly competitive, fast-moving ad-tech landscape, where larger rivals have more resources and where constant innovation is required just to maintain parity.
The overall picture is of a company with strong commercial momentum and promising technology, but with a financial profile that is still fragile. Trends on the income statement are moving in the right direction, yet cash flow trends have recently moved the other way, increasing reliance on external funding. The forward trajectory will largely depend on GOAI’s ability to translate its AI platforms—especially NeuroServer—into reliable, high-margin, cash-generating business at scale, while tightening cost discipline and managing leverage. Progress on these fronts could gradually improve the risk–reward balance; setbacks could magnify existing financial and competitive vulnerabilities.
About Eva Live, Inc.
https://evaxai.comEva Live, Inc., a technology company, develops an automated and intelligent advertiser campaign management platform in the United States. The company offers Eva Platform that enables advertisers to buy advertising space on various digital channels to reach their desired audience.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $4.91M ▲ | $578.21K ▼ | $1.82M ▼ | 37.13% ▼ | $0.06 ▼ | $1.91M ▼ |
| Q2-2025 | $4.14M ▲ | $5.59M ▲ | $2.63M ▲ | 63.43% ▲ | $0.08 ▲ | $2.63M ▲ |
| Q1-2025 | $3.68M ▲ | $4.38M ▲ | $2M ▲ | 54.21% ▼ | $0.02 ▲ | $2M ▲ |
| Q4-2024 | $2.92M ▲ | $-23.66K ▼ | $1.95M ▲ | 66.59% ▲ | $0.02 ▲ | $1.95M ▲ |
| Q3-2024 | $1.98M | $6.54M | $-5.53M | -278.95% | $-0.04 | $-5.51M |
What's going well?
Sales are growing fast, and the company turned its core business from a loss to a profit. Operating expenses are under control, showing improving efficiency.
What's concerning?
Gross margins dropped sharply, meaning the company is keeping less from each sale. Net income and earnings per share are down, which could worry investors if the trend continues.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $349.28K ▲ | $13.27M ▲ | $5.25M ▲ | $8.01M ▲ |
| Q2-2025 | $261.08K ▼ | $9.12M ▲ | $2.93M ▲ | $6.19M ▲ |
| Q1-2025 | $316.58K ▲ | $6.34M ▲ | $2.78M ▲ | $3.56M ▲ |
| Q4-2024 | $76.36K ▼ | $4.11M ▲ | $2.54M ▼ | $1.57M ▲ |
| Q3-2024 | $849.26K | $2.7M | $2.9M | $-199.34K |
What's financially strong about this company?
GOAI has a very high current ratio, lots of liquid assets, and almost no intangible or risky assets. Equity is much higher than debt, and book value is rising quickly.
What are the financial risks or weaknesses?
Receivables and payables are both growing much faster than other items, which could signal slower customer payments or aggressive growth. Debt is rising fast, and the company has a long history of losses.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.82M ▼ | $-267.83K ▼ | $-2.62K ▲ | $358.65K ▲ | $88.2K ▲ | $-260.25K ▼ |
| Q2-2025 | $2.63M ▲ | $-107.2K ▼ | $-4.35K ▼ | $56.05K ▼ | $-55.5K ▼ | $-111.55K ▼ |
| Q1-2025 | $2M ▲ | $109.54K ▲ | $-3.23K ▲ | $133.91K ▲ | $240.22K ▲ | $106.31K ▲ |
| Q4-2024 | $1.95M ▲ | $-781.51K ▼ | $-6.5K ▼ | $15.1K ▲ | $-772.91K ▼ | $-788.01K ▼ |
| Q3-2024 | $-5.53M | $-448.99K | $0 | $-40K | $-488.98K | $-448.99K |
What's strong about this company's cash flow?
The company is still able to borrow to fund operations, and capital spending is low, which limits cash outflows.
What are the cash flow concerns?
Cash from operations is deeply negative and getting worse, working capital is draining cash, and the business is highly dependent on new debt to survive.
5-Year Trend Analysis
A comprehensive look at Eva Live, Inc.'s financial evolution and strategic trajectory over the past five years.
GOAI’s key strengths include rapid revenue growth, improving margins, and an asset-light, scalable business model anchored in proprietary AI technology. The company has assembled an integrated product ecosystem—spanning ad buying, optimization, fraud prevention, and lead engagement—that aligns closely with advertisers’ desire for measurable performance. Its balance sheet still shows positive equity, and the recent Nasdaq uplisting provides greater visibility and potential access to capital, which can support further growth if managed carefully.
Major risks center on financial sustainability and competitive pressure. GOAI remains loss-making with persistently negative free cash flow and has recently seen a worsening in cash generation, prompting increased use of debt and a drawdown of cash reserves. Operating expenses, particularly overhead, are high and volatile, while retained earnings continue to move deeper into negative territory. At the same time, the company operates in a highly competitive, fast-moving ad-tech landscape, where larger rivals have more resources and where constant innovation is required just to maintain parity.
The overall picture is of a company with strong commercial momentum and promising technology, but with a financial profile that is still fragile. Trends on the income statement are moving in the right direction, yet cash flow trends have recently moved the other way, increasing reliance on external funding. The forward trajectory will largely depend on GOAI’s ability to translate its AI platforms—especially NeuroServer—into reliable, high-margin, cash-generating business at scale, while tightening cost discipline and managing leverage. Progress on these fronts could gradually improve the risk–reward balance; setbacks could magnify existing financial and competitive vulnerabilities.

CEO
David Boulette
Compensation Summary
(Year )
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-02-11 | Reverse | 1:4 |
| 2021-09-10 | Reverse | 1:150 |
Ratings Snapshot
Rating : B+

