KIDZ AI Q2 net loss narrows 35% to $2.5M; cash triples to $8.88M, debt cut 92%

Classover Holdings, Inc.

Q2 service revenue $0.48M, down 34% YoY from $0.73M; net loss improved 35% to $2.50M from $3.87M.
Cash and restricted cash $8.88M at June 30, 2026 vs $2.75M at Dec 31, 2025; convertible notes cut 92% to $0.67M.
Stockholders' equity up 163% to $9.95M; liabilities-to-equity ratio improved from 3.12x to 0.41x.
Rebranded from Classover to KIDZ AI; unveiled KIDZBot AI robotics platform; won 2026 EdTechX Award for Americas.
CEO Stephanie Luo: transition to AI compute revenue expected to be more scalable; initial GPU cluster deployment underway.

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