KIDZ KIDZ AI reports Q2 results amid AI compute pivot
KIDZ KIDZ AI (formerly Classover Holdings) reports Q2 service revenue down 34% to $0.48M and a 35% YoY narrower net loss to $2.50M, while cash rises to $8.88M from $2.75M at year-end.
KIDZ KIDZ AI (formerly Classover Holdings) Q2 results — pivoting from EdTech into AI compute — EdTech/AI Infrastructure — Service revenue fell 34% to $0.48M as focus shifts away from tutoring — Net loss narrowed 35% YoY to $2.50M — Cash and restricted cash tripled to $8.88M from $2.75M at year-end — Convertible notes down 92%, from $8.20M to $0.67M, mostly via equity conversion — Stockholders' equity up 163% to $9.95M, liabilities-to-equity ratio improved to 0.41x from 3.12x — Rebranded from Classover Holdings to KIDZ AI in May, pivoting toward GPU compute, data centers, and robotics — Unveiled KIDZBot, an AI robotics platform for its education line — Named 2026 EdTechX Award winner for the Americas