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Brand Engagement Network, Inc. BNAI Indefinite-Lived Research and Development Assets

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Other financials

Income statement

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Revenue$104.3K+943%
Gross profit$60.1K+20.2%
Operating income-$3.3M+19.7%
Net income-$3.1M+15.2%
EPS (diluted)-$0.51+43.3%

Balance sheet

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Cash & equivalents$1.4M+485%
Total debt$607.7K-64.9%
Total equity$7.3M+120%
Total assets$16.3M-9.1%

Cash flow

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Operating cash flow-$3.7M-41.7%
CapEx-$8.3K
Free cash flow-$3.7M-42.1%

Valuation

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Market cap$111.49M+637%
Enterprise value$110.72M+1,306%
P/S301.8×+69.0×

Profitability

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Gross margin100%0.0pp
Operating margin-3,195.7%-1,551pp
Net margin-2,186.1%-1,069pp
FCF margin-20,262.7%+77,209pp

Returns & leverage

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Return on equity-152.5%-43.6pp
Debt / equity0.1×-0.4×
Current ratio0.4×+0.3×

Where this comes from

Reported directly by Brand Engagement Network, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsInProcessResearchAndDevelopment.

The official record: Brand Engagement Network, Inc.’s 10-K, filed April 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Brand Engagement Network, Inc.'s indefinite-lived research and development assets?
Brand Engagement Network, Inc. (BNAI) reported indefinite-lived research and development assets of $18.97K in Q4 2025.
What does indefinite-lived research and development assets mean?
This represents the value of acquired in-process research and development projects that have not yet reached technological feasibility and are therefore not subject to amortization. It highlights the company's investment in future innovation and the potential for long-term value creation through R&D pipelines.