PANews reported on May 19 that Nasdaq-listed WLFI treasury company AI Financial (AIFC) released its financial results for the quarter ended March 28, 2026, reporting a net loss of $271.5 million, compared to a net loss of $2.4 million in the same period last year. The company stated that its current financial condition "raises significant doubt about its ability to continue as a going concern over the next year." The report showed that AI Financial's revenue for the quarter was $4.7 million, all from its crypto payments-related fintech business.

AI Financial Chairman Zachary Witkoff also serves as co-founder and CEO of World Liberty Financial. Financial reports show that World Liberty Financial holds 1 million shares of AI Financial common stock and prepaid warrants that can be used to purchase up to 99 million shares.

In addition, AI Financial drew down a $15 million loan in January of this year under a loan agreement with WLFI, with net proceeds of approximately $14.2 million, which it intended to use for stock buybacks, increasing its holdings of WLFI tokens, and general corporate purposes.

AI Financial (AIFC) shares fell 9.61% on Monday, closing at $0.91.