ATHR — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-15

• As previously reported in our Annual Report, since July 18, 2025, our management has been engaged in a dispute with Mr. David Mandel, a former member of our board of directors. On March 19, 2026, Mr. Mandel filed a lawsuit against the Company and Mr. Nicolas Lin, our Chief Executive Officer and Chai…

• On March 25, 2026, our subsidiary Aether Labs, Inc. (“Aether Labs”) and OorTech Inc. (“Oort”) formed Aether DataHub, LLC, a Delaware limited liability company (“AetherHub”), as a joint venture to develop and commercialize the “AetherHub Platform,” a white-labeled deployment of Oort’s proprietary Dat…

• Membership interests in AetherHub are held 70% by Aether and 30% by Oort. Aether’s contribution consists of commercialization leadership, go-to-market strategy, the “AetherHub” brand and related resources, and initial working capital as approved by the AetherHub’s board of managers. Oort’s contribut…

• Pursuant to the Technology Agreement, Oort granted AetherHub a worldwide, royalty-free, exclusive license (within the Field) to use and operate the DataHub Platform. Oort is prohibited during the term from providing its DataHub platform or any substantially similar technology to third parties for us…

• AetherHub had no transactions during the three months ended March 31, 2026, and AetherHub did not have a material impact on the Company’s consolidated financial position or results of operations for the period then ended. However, the related accounting implications were insignificant to the Company…

Text removed vs the prior filing · source: 10-Q · 2026-02-17

• As previously reported in our Annual Report, our management is currently engaged in a dispute with Mr. David Mandel, a former member of our board of directors. On July 18, 2025, our board of directors received an email notification from Mr. Mandel wherein he alleged that he was promised the position…

• On December 22, 2025, pursuant to the Asset Purchase Offer Agreement dated December 10, 2025, by and between AEM, Hive Global, Inc., Ryan Allis, and Mike Gavela (the “Purchase Agreement”), we completed the acquisition of substantially all assets associated with the Hive Global, Inc.’s Coinstack news…

• On February 13, 2026, Mr. David Chi Ching Ho resigned from his position as Chief Strategy Officer of the Company with immediate effect.

• Average conversion rate from free to Paid Subscribers 32.07% 25.61% 25.24

• As of December 31, 2025, Alpha Edge Media had a negligible number of paid subscribers and did not have any subscribers during the three months ended December 31, 2024. Subscriber activity commenced beginning August 14, 2025.

Text added vs the prior filing · source: 10-Q · 2026-05-15

• From time to time, we may be subject to legal proceedings, investigations and claims incidental to the conduct of our business. Other than the below, we are currently not involved in any legal proceedings which, in the opinion of our management, are likely to have a material adverse effect on our bu…

• On March 19, 2026, David Mandel, a former member of the Company’s board of directors, filed a complaint against the Company, Nicolas Lin, the Company’s Chief Executive Officer and Chairman, and certain Doe defendants in the Superior Court of the State of California, County of Los Angeles, Case No. 2…

Text removed vs the prior filing · source: 10-Q · 2026-02-17

• From time to time, we may be subject to legal proceedings, investigations and claims incidental to the conduct of our business.

• We are currently not involved in any legal proceedings which, in the opinion of our management, are likely to have a material adverse effect on our business, financial condition or results of operations.

Text added vs the prior filing · source: 10-Q · 2026-05-15

• For our current risk factors relating to our operations, other than as set forth below, see the section entitled “Risk Factors” contained in our Annual Report.

• Our management is currently involved in litigation proceedings with one of our former directors who has brought claims against us for breach of contract and promissory fraud. If we were to receive an adverse ruling, it could materially and adversely affect our reputation, cause us to incur significa…

• On March 19, 2026, David Mandel, a former member of our board of directors, filed a complaint against us, Nicolas Lin, our Chief Executive Officer and Chairman, and certain Doe defendants in the Superior Court of the State of California, County of Los Angeles, Case No. 26STCV08877. On April 24, 2026…

• Defending against Mr. Mandel’s legal action could cause us to incur significant expenses and consume large amounts of our management’s time and attention. If Mr. Mandel were to prevail, an adverse ruling on such a claim could materially and adversely affect our reputation, cause us to incur signific…

• Covenants and other provisions in the Note Purchase Agreement with Streeterville Capital, LLC pursuant to which we issued a Secured Promissory Note may restrict our business and operations, and if we do not effectively manage our covenants, our financial condition and results of operations could be …

Text removed vs the prior filing · source: 10-Q · 2026-02-17

• There is substantial doubt about our ability to continue as a going concern, and this may adversely affect our stock price and ability to raise capital.

• In connection with the preparation of our condensed consolidated financial statements for the three months ended December 31, 2025, management evaluated whether there were conditions and events, considered in the aggregate, that raise substantial doubt about our ability to meet our obligations as th…

Text removed vs the prior filing · source: 10-Q · 2026-02-17

• On December 22, 2025, our subsidiary AEM completed the acquisition of substantially all of the assets used in connection with Hive Global, Inc.’s Coinstack newsletter business (the “Coinstack Acquisition”) pursuant to the Purchase Agreement and a Bill of Sale and Assignment of Assets dated December …

• The total consideration paid for the Coinstack Acquisition was $500,000, consisting of $350,000 in cash and $150,000 of our common stock, subject to a 6-month lock up, with the number of shares issued equal to $150,000 divided by the closing price per share of the Company’s common stock on December …

• The assets acquired included the Coinstack brand and related intellectual property (including trademarks and trade names), Coinstack’s content library and associated copyrights, domain names, websites and social media accounts, and the newsletter’s subscriber lists. In addition, Ryan Allis and Mike …

• Under the Coinstack Agreement, Hive Global, Inc., Mr. Allis and Mr. Gavela are prohibited from soliciting subscribers for a period of 24 months and must keep all nonpublic information about the assets confidential. We did not assume any liabilities except obligations under certain sponsorship/advert…

• The foregoing discussion of the Purchase Agreement and Bill of Sale is qualified in its entirety by the full text of the agreements, copies of which are filed as Exhibit 10.2 and Exhibit 10.3, respectively, to this Quarterly Report on Form 10-Q.