WLFI-linked AI Financial flags ‘going concern’ as losses mount

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AI Financial Corp. posted a net loss of $271.5 million in the first quarter of 2026 as it flagged significant doubt about its ability to continue operating for the next 12 months.

AI Financial Corp., a World Liberty Financial token treasury company, said its working capital deficit and liabilities are 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.

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