Feb. 23 at 7:10 AM
$AIRE is facing significant financial distress, evidenced by negative shareholders' equity in 2025 and high operational cash burn, creating bankruptcy risk (Altman Z-score of -1.82). While a 2025 stock offering provided short-term cash, the company continues to battle low share prices, with a 180-day extension until May 18, 2026, to meet NASDAQ minimum bid requirements.
Key Financial & Risk Factors (As of early 2026):
• High Risk: An Altman Z-score under 3 suggests increased bankruptcy risk, and reAlpha has recently operated with a -400% or worse profit margin.
• Compliance Extension: The company was granted an extension until May 18, 2026, to raise its stock price above
$1.00 for 10 consecutive business days.
• Shareholder Dilution: Significant capital raises have increased cash but caused severe share dilution and depressed the stock price.
• Cash Burn: Despite revenue growth from a small base, the company is not currently self-sustaining and relies on external financing.
