WLFI-linked AI Financial flags ‘going concern’ as losses mount
The World Liberty Financial-linked AI Financial Corp. posted a net loss of $271.5 million in the first quarter of 2026, and flagged significant doubt it could continue operating for the next 12 months without intervention.
AI Financial Corp., a World Liberty Financial token treasury company, said a deficit in working capital and liabilities is casting significant doubt on its ability to continue over the next year.
The company, which has World Liberty CEO Zach Witkoff as its chairman, reported a net loss of $271.5 million in its first-quarter results on Monday, compared to losses of $2.4 million a year ago.
The firm, formerly known as ALT5 Sigma, said that as of March 28, it had a working capital deficit of around $5.5 million, with $39.1 million in liabilities against $32.2 million in assets.