• Fabric.ai posted a net loss of USD 2.41 million for three months ended March 31, 2026, swinging from net income of USD 845,011 a year earlier.
• Operating loss narrowed 13.8% to USD 1.7 million, while operating expenses fell 13.8% to USD 1.7 million.
• Research and development expense dropped 59.4% to USD 124,864, while general and administrative expense edged down 5.4% to USD 1.58 million.
• Other income turned to an expense of USD 713,420, including an unrealized loss from remeasurement on digital assets of USD 613,663.
• Company reported no revenue, while shifting to a fabless AI data-center semiconductor model and developing its MicroLED-based Neural I/o chip with Kopin under a joint development deal that includes up to USD 15 million in development funding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fabric.ai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023860), on May 15, 2026, and is solely responsible for the information contained therein.