KIDZ

Second quarter Net loss narrowed 35% year-over-year to approximately $2.50 million Cash and restricted cash totaled approximately $8.88 million at June 30, 2026, more than three times the $2.75 million held at December 31, 2025 Convertible notes payable reduced 92% since year-end, from approximately $8.20 million to approximately $0.67 million, substantially simplifying the capital structure Total stockholders' equity increased 163% since year-end to approximately $9.95 million; total liabilities-to-equity ratio improved from 3.12x to 0.41x Initial GPU cluster deployment underway as the Company advances toward its first AI compute revenue Named winner of the 2026 EdTechX Award for the Americas NEW YORK CITY, NY / ACCESS Newswire / August 13, 2026 / KIDZ AI Inc. (NASDAQ:KIDZ)(NASDAQ:KIDZW) ("KIDZ AI" or the "Company"), an education technology company advancing AI infrastructure and GPU compute initiatives alongside its core EdTech operations, today announced its financial results for the second quarter ended June 30, 2026. The second quarter of 2026 marked a defining strategic inflection point for KIDZ AI. On May 26, 2026, the Company formally changed its corporate name from Classover Holdings, Inc. to KIDZ AI Inc., signaling a fundamental expansion of its mission beyond online tutoring and K-12 education toward AI compute infrastructure, GPU cloud services, and embodied AI robotics. Management believes the global education and enterprise computing sectors are converging on the same foundational technologies - large-scale AI models, intelligent agents, and physical robotics. KIDZ AI's positioning on both the demand side (AI-native learning platforms and robotics curricula) and the supply side (GPU compute capacity secured under existing agreements and data center infrastructure) creates what management believes is a differentiated, scalable platform for long-term value creation. Management views this repositioning as more than a rebrand: it represents a deliberate transition from a purely tutoring-based revenue model toward AI compute revenue, robotics curricula, and infrastructure partnerships - a transformation the Company believes will define its next chapter of growth. Second Quarter 2026 Financial Highlights Service Revenue: Service revenue for the second quarter ended Jun 30, 2026 was approximately $0.48 million, compared to approximately $0.73 million in the prior year period, a decrease of approximately 34%. The decline reflects the Company's deliberate reallocation of capital and management focus away from tutoring customer acquisition and toward its AI infrastructure build-out, during a period in which AI compute revenue had not yet commenced. The Company is advancing its initial GPU cluster deployments toward revenue generation. Net Loss Improved 35% Year-Over-Year: Net loss for the second quarter ended June 30, 2026 was approximately $2.50 million, compared to approximately $3.87 million in the prior year period, reflecting disciplined cost management during the strategic transition. Gross Margin of 44%: Gross margin was 44% in the second quarter ended June 30, 2026, consistent with the prior year quarter, demonstrating the resilience of the core online education model even as operational focus shifts toward AI expansion initiatives. Cash Position More Than Tripled: Cash and restricted cash totaled approximately $8.88 million at June 30, 2026, compared to approximately $2.75 million at December 31, 2025, providing the Company with substantially greater financial flexibility to fund its AI infrastructure strategy. Convertible Notes Reduced 92%: Convertible notes payable decreased from approximately $8.20 million at December 31, 2025 to approximately $0.67 million at June 30, 2026, primarily through conversions to equity - a fundamental simplification of the capital structure that substantially removes a significant financing overhang. Stockholders' Equity Grew 163%: Total stockholders' equity increased from approximately $3.78 million at December 31, 2025 to approximately $9.95 million at June 30, 2026, an increase of $6.17 million. Stronger Capital Structure: Total liabilities decreased 65.6% from approximately $11.77 million at December 31, 2025 to approximately $4.05 million at June 30, 2026, and the total liabilities-to-equity ratio improved from 3.12x to 0.41x, reflecting both the lower liability balance and a larger equity base. Strategic Transformation Rebranded to KIDZ AI Inc.: The Company rebranded from Classover Holdings, Inc. to KIDZ AI Inc., reflecting the expansion of its mission beyond online tutoring and K-12 education toward AI compute infrastructure, GPU cloud services, and embodied AI robotics. KIDZBot AI Robotics Platform Unveiled: KIDZ AI unveiled KIDZBot, an integrated AI-native robotics platform incorporating persistent memory, reasoning, prompt- and token-based interactions, sensor-driven feedback, contextual awareness, and adaptive learning. The Company is actively developing multiple KIDZBot robotic form factors, together with an AI-powered software platform and companion app, as part of a broader KIDZBot ecosystem, with commercial rollout preparations underway. AI Compute Infrastructure Build-Out Advancing: The Company continued to advance its GPU compute and data center initiatives during the quarter, positioning its initial GPU clusters for deployment and future revenue generation. Corporate Recognition EdTechX Award: KIDZ AI was named the winner of the 2026 EdTechX Award for the Americas, recognizing the Company's innovation and leadership in AI-powered education. Management Commentary "The second quarter of 2026 represented a defining inflection point for KIDZ AI," said Stephanie Luo, Chief Executive Officer of KIDZ AI. "In six months, we have fundamentally transformed our balance sheet - more than tripling our cash position, retiring 92% of our convertible debt, and growing stockholders' equity by more than 160% - while executing our strategic pivot toward AI compute infrastructure. As expected during this transition, near-term service revenue reflected our deliberate shift in focus; we believe the AI compute revenue we are working toward represents a more scalable and durable foundation for growth." "At the same time, we remain deeply committed to our education roots," continued Ms. Luo. "We believe that the launch of KIDZBot and our EdTechX Award win demonstrate that KIDZ AI continues to lead in AI-native education innovation. With a strengthened balance sheet, expanding AI infrastructure capabilities, and a differentiated Physical AI education platform, we believe KIDZ AI is uniquely positioned, and we remain focused on disciplined execution and long-term value creation for our shareholders." Strategic Outlook The Company expects to continue advancing its AI infrastructure strategy through the deployment of its initial GPU clusters. KIDZ AI intends to pursue additional GPU compute partnerships, data center relationships, and strategic transactions to expand its compute capacity and strengthen its neocloud model. In the education vertical, the Company will look to focus on the commercial rollout of KIDZBot and the integration of Physical AI concepts into its curriculum offerings. About KIDZ AI Inc. KIDZ AI Inc. (NASDAQ:KIDZ)(NASDAQ:KIDZW) is an AI-driven education technology company developing proprietary learning systems that combine artificial intelligence, AI agents and robotics. The Company is also pursuing opportunities in AI compute infrastructure, GPU cloud platforms and related data-center ecosystems. Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on KIDZ AI's current beliefs, expectations and assumptions regarding the future of KIDZ AI's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of KIDZ AI's control including, but not limited to: KIDZ AI's ability to execute its business model, including obtaining market acceptance of its products and services; KIDZ AI's financial and business performance, including financial projections and business metrics and any underlying assumptions thereunder; the final technical configuration, capacity, costs, and timing of any GPU compute deployment; KIDZ AI's ability to obtain the GPUs and related equipment necessary to perform its obligations under the recently announced definitive agreement with Canopy Wave and achieve its goals and expected results; KIDZ AI's ability to maintain the listing of its securities on Nasdaq; changes in KIDZ AI's strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects and plans; KIDZ AI's ability to attract and retain a large number of customers; KIDZ AI's future capital requirements and sources and uses of cash; KIDZ AI's ability to attract and retain key personnel; KIDZ AI's expectations regarding its ability to obtain and maintain intellectual property protection and not infringe on the rights of others; changes in applicable laws or regulations; and the possibility that KIDZ AI may be adversely affected by other economic, business, and/or competitive factors. These risks and uncertainties also include those risks and uncertainties indicated in KIDZ AI's filings with the SEC. KIDZ AI's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by KIDZ AI in this press release is based only on information currently available to KIDZ AI and speaks only as of the date on which it is made. KIDZ AI undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. ContactsKIDZ AI [email protected] SOURCE: KIDZ AI Inc. View the original press release on ACCESS Newswire

NEW YORK, NY / ACCESS Newswire / May 15, 2026 / Classover Holdings, Inc. (NASDAQ:KIDZ)("Classover" or the "Company"), an AI-powered education company, today announced financial results for the first quarter ended March 31, 2026. All of the Company's previously outstanding convertible notes have been converted to equity and therefore eliminated, significantly simplifying the Company's balance sheet and strengthening long-term financing flexibility. Management believes the retirement of all convertible debt obligations represents a major strategic inflection point as Classover transitions toward a more expansion-oriented phase focused on intelligent robotics ecosystems, and scalable long-term growth. At the same time, the Company has continued to aggressively advance its strategic transition toward AI-powered educational platforms, intelligent robotics-enabled learning ecosystems, and scalable AI-native platform initiatives. Management believes the global education industry is entering one of the largest technological and structural transformations in decades, driven by artificial intelligence, robotics, intelligent digital interaction, and AI-native workflow automation. Classover believes this transition may fundamentally reshape how educational content is delivered, personalized, orchestrated, and monetized globally over the long term. As part of this transition, the Company continued to reposition itself beyond traditional online tutoring toward becoming a scalable AI-native educational platform operating at the intersection of intelligent tutoring systems, AI companion robotics, personalized learning orchestration, and next-generation digital educational ecosystems. Management believes the convergence of AI, robotics, and intelligent educational interaction may create significant long-term opportunities across global K-12 learning markets, intelligent educational workflows, AI-powered tutoring systems, robotics-enabled classrooms, and future AI-native learning environments. Strategic Transformation and Q1 2026 Highlights The Company continued accelerating strategic resource allocation toward higher-value AI-native initiatives, robotics ecosystem expansion, intelligent workflow automation, and scalable platform development opportunities. Service revenue for the first quarter ended March 31, 2026 was approximately $0.52 million, compared to approximately $0.82 million during the prior year quarter, reflecting the Company's continued strategic operational transition toward long-term AI expansion initiatives. Maintained strong gross margins of approximately 50%, demonstrating the scalability and resilience of the Company's core operating model while continuing to aggressively invest into platform development, and intelligent ecosystem expansion. As of March 31, 2026, the Company held approximately $2.12 million in cash and approximately $4.94 million in SOL-related digital assets, representing approximately $7.06 million in combined liquidity and digital treasury holdings. Cash and cryptocurrency treasury value per share was approximately $0.90 as of May 15, 2026, based on total cash and digital asset holdings divided by outstanding Class B common shares. The Company generated approximately $84,680 in staking rewards from digital treasury operations during the quarter. Management believes its evolving digital treasury strategy may provide additional long-term balance sheet flexibility and strategic optionality. Net loss during the quarter was primarily impacted by non-cash fair value adjustments related to cryptocurrency assets, convertible instruments, and warrant liabilities, alongside continued investments into public company operational capabilities and long-term strategic growth initiatives. Continued expanding strategic initiatives across AI robotics, intelligent hardware systems, embodied AI learning environments, and AI-native educational platform development. Extension into Embodied AI and Robotics-Based Learning Environments Building on its AI Tutor and course creation initiatives, Classover is expanding into embodied AI and robotics-based learning environments through the development of robotics curriculum, intelligent software systems, and AI-enabled educational experiences for K-12 students. The Company recently launched its embodied AI robotics education platform and registered Classover Robix Inc. to support robotics-related education initiatives. The Company has also announced collaborations with Luka AI, Walimaker, ICreate Education Technology, Vensin Computer Technology, YuGuang AI, Marbella AI, MiniMax, and Tencent RTC to support robotics-enabled learning applications, AI curriculum development, companion robotics, and future classroom deployment opportunities. Management believes these initiatives may further strengthen the Company's long-term positioning across AI-native education platforms and next-generation learning ecosystems. Management Commentary "We believe education is entering a foundational AI transition," said Stephanie Luo, Chief Executive Officer of Classover. "Classover is no longer positioning itself as a traditional tutoring company. We are actively building an AI-native educational platform designed for the next generation of intelligent learning, robotics-enabled interaction, and scalable AI-powered educational ecosystems." "We believe AI-native learning platform may ultimately become a foundational layer of the future global education economy," continued Stephanie Luo. "Our long-term strategy is centered around building scalable orchestration systems connecting intelligent tutoring workflows, AI companion robotics, personalized learning platform, and next-generation digital educational interaction environments." "Our financing flexibility and liquidity profile positioning continue strengthening," said Flora Peng, Chief Financial Officer of Classover. "With all outstanding convertible debt obligations now retired, we believe Classover is entering a new operational chapter focused on scalability, intelligent ecosystem expansion, and long-term shareholder value creation." Strategic Outlook The Company expects to continue aggressively expanding investments throughout 2026 across AI-native educational platforms, intelligent tutoring orchestration systems, AI workflow automation, robotics-enabled learning environments, AI companion technologies, and scalable educational platform ecosystems. Management believes the next generation of education may increasingly shift toward AI-powered personalization, intelligent automation, robotics-assisted interaction, and AI-native digital learning environments. Classover believes its evolving capabilities, strategic ecosystem relationships, robotics collaborations, and strengthened capital structure may position the Company to participate in the long-term transformation of global intelligent education markets. About Classover Classover Holdings Inc. (NASDAQ:KIDZ) is an AI-driven education technology company transforming extensive live teaching experience into proprietary AI-powered learning systems. By integrating artificial intelligence, AI agents, and robotics, Classover is building the next generation of global education infrastructure designed to make learning outcomes measurable, verifiable, and accessible across borders. Classover believes focused investment in AI, intelligent agents, and robotics aligns with the Company's mission and positions it to capture the next wave of educational technology innovation. Forward-Looking Statement This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Classover's current beliefs, expectations and assumptions regarding the future of Classover's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Classover's control including, but not limited to: Classover's ability to execute its business model, including obtaining market acceptance of its products and services; Classover's financial and business performance, including financial projections and business metrics and any underlying assumptions thereunder; Classover's ability to maintain the listing of its securities on Nasdaq; changes in Classover's strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects and plans; Classover's ability to attract and retain a large number of customers; Classover's future capital requirements and sources and uses of cash; Classover's ability to attract and retain key personnel; Classover's expectations regarding its ability to obtain and maintain intellectual property protection and not infringe on the rights of others; changes in applicable laws or regulations; the possibility that Classover may be adversely affected by other economic, business, and/or competitive factors; the risk that the price of SOL, which has historically been subject to dramatic price fluctuations and is highly volatile, could fall substantially negatively impacting Classover's financial condition and results of operations; regulatory changes related to crypto assets; and fluctuations in the price of crypto assets. These risks and uncertainties also include those risks and uncertainties indicated in Classover's filings with the SEC. Classover's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by Classover in this press release is based only on information currently available to Classover and speaks only as of the date on which it is made. Classover undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Contacts Classover Holdings Inc [email protected] 800-345-9588 SOURCE: Classover Holdings, Inc. View the original press release on ACCESS Newswire

Service revenue for the full year 2025 was $3.37 million, essentially flat compared to $3.38 million in 2024. Net loss for the full year 2025 was $7.04 million, compared to a net loss of $0.84 million in 2024, with the increase driven largely by non-cash fair value adjustments, one-time de-SPAC related professional service fees, and financing transaction fees. Cash and Cryptocurrency (SOL) value per share is $7.70 as of December 31, 2025 (calculated based on the cash and SOL value as of December 31, 2025, divided by outstanding shares as of March 31, 2026) Annual gross margin expanded to 57.0%, up from 56.0% in 2024, driven by AI-powered operational efficiencies and optimized instructor productivity. Cost optimization achieved significant results: selling and marketing expenses decreased by 22.6% year-over-year, and cost of revenues decreased by 10.4%. Staking Yield Rewards generated in the year totaled $291,333 under digital asset treasury strategy, enhancing capital efficiency and supporting future innovation. Classover Nexus and AI Tutor advanced to real-time adaptive instruction, autonomously generating curriculum and automating internal workflows. Newly launched AI Robotics program began generating revenue in 2025, establishing a new growth engine bridging digital and physical education. NEW YORK CITY, NY / ACCESS Newswire / April 2, 2026 / Classover Holdings, Inc. (NASDAQ:KIDZ) ("Classover" or the "Company"), a leading provider in K-12 educational AI, today announced its financial results for the fourth quarter and full year ended December 31, 2025, and provided an update on its operational and strategic progress. FOURTH QUARTER 2025 HIGHLIGHTS & SUBSEQUENT UPDATES Transition from AI strategy to execution: During the fourth quarter of 2025 and into early 2026, the Company achieved several key milestones across its AI education business, advancing both product development and commercial execution. Operationally, the Company officially launched its AI Robotics Division in December 2025. This strategic expansion integrates adaptive physical robotics into Classover's established AI learning platform, developing sophisticated, interactive robotic tools designed to serve as physical co-teachers working seamlessly alongside Classover's AI Tutor and human instructors. The Company advanced its Classover AI Tutor, moving beyond simple Q&A to now feature Real-Time Adaptive Instruction-an autonomous decision system that adjusts explanations and difficulty based on live student performance. In September 2025, the Company launched the AI Learning Genome, equipping the AI Tutor with long-term memory to recall and build upon each child's unique learning journey. Classover is utilizing AI to autonomously generate lesson videos and interactive courseware directly from curriculum materials. These AI-generated materials are now integrated into both the live tutoring platform and the robotics hardware program, creating a unified content ecosystem. Strengthening AI System and Operational Efficiency: Governance, internal controls, and operational capabilities were further strengthened during the quarter to drive commercialization. In November 2025, the Company launched Classover Nexus, an AI-powered support reasoning and autonomous workflow platform. Nexus delivers real-time AI capabilities across student and family support operations. This technology has automated scheduling, customer engagement, and other internal workflows. This automation leading reduction in operating expenses, allowing Classover to improve instructor productivity and scale growth without a proportional increase in costs. RESULTS FOR FULL YEAR 2025 Revenue and Gross Margin: Service revenue for the full year 2025 was $3.37 million, essentially flat compared to $3.38 million in 2024, despite the absence of one-time consulting revenue in 2025 that was included in the prior year. In 2025, the Company focused on profitability, prioritizing sustainable operations over aggressive spending that could lead to further losses. Despite these transitional headwinds, the Company successfully maintained its revenue base. Furthermore, despite the flat revenue, annual gross margin improved to 57.0% for FY2025, up from 56.0% in FY2024. This margin expansion was directly driven by enhanced operational efficiencies and optimized instructor productivity enabled by the new AI platform. The Company also demonstrated business growth and increasing market acceptance. As of December 31, 2025, registered users grew to 72,850, up from 61,387 as of December 31, 2024. The educator network also expanded, with 1,200 educator partners working with the Company as of December 31, 2025, compared to 936 in the prior year. Net loss for the full year 2025 was $7.04 million, compared to a net loss of $0.84 million in 2024. The increase in net loss was primarily attributable to non-cash items including changes in fair value of crypto assets and convertible debt, as well as impairment loss on intangible assets. In addition, the Company incurred one-time de-SPAC related professional service fees and financing transaction fees during the year, which also contributed to the higher loss. Operating Expenses: The Company successfully streamlined its operations. Cost of revenues decreased by 10.4% year-over-year to $1.45 million in FY2025. Selling and marketing expenses were reduced by 22.6% year-over-year to $0.51 million in FY2025. This reduction demonstrates the highly scalable nature of the AI-driven model, where AI has begun to replace certain manual operations and automate marketing and new-student lead acquisition processes. The Company believes the lowered customer acquisition cost effectively prepares the Company for future growth in 2026. Staking Yield Rewards: As part of its digital asset treasury strategy, the Company generated $291,333 in staking rewards during FY2025, recorded under other income. This strategy supports capital efficiency and provides optionality for future innovation alongside the Company's core educational business. SOL Value Per Share: Cash and Cryptocurrency (SOL) value per share is $7.70 as of December 31, 2025 (calculated based on the cash and SOL value as of December 31, 2025, divided by the outstanding shares as of March 31, 2026). 2026 OUTLOOK Looking ahead to 2026, Classover is focused on deepening strategic execution, aimed at driving continuous growth of business and deliveries. The Company plans to further expand its AI Robotics program, leveraging the proprietary data stream from the AI Tutor to provide timely physical demonstrations and adaptive instruction for complex subjects like STEM and coding. Through ongoing delivery and use case expansion, Classover intends to continue amplifying its flywheel effect. Our ambition is to build a self-reinforcing cycle where real-time student interaction data trains the AI Tutor, which improves the quality of personalized instruction, which attracts more users, which generates more data to further refine the AI models. With a growing suite of innovative learning tools, Classover is well-positioned to capture the growing global demand for high-quality, personalized education. The Company will look to continue to explore and expand the application scenarios for robotics, targeting both commercial and personal use cases to drive further hardware sales and ecosystem integration. "2025 marked a foundational and transformative year for Classover as we successfully transitioned toward an AI education platform," said Stephanie Luo, Chief Executive Officer of Classover. "We are thrilled to see our strategic initiatives directly translating into our financial performance. By reducing our operating costs and expanding our gross margins, we have proven the scalability of our intelligent infrastructure. Looking ahead to 2026, we will continue to execute our AI-driven strategy to create long-term value for our shareholders." About Classover Classover Holdings Inc. (NASDAQ:KIDZ) is an AI-driven education technology company transforming extensive live teaching experience into proprietary AI-powered learning systems. By integrating artificial intelligence, AI agents, and robotics, Classover is building the next generation of global education infrastructure designed to make learning outcomes measurable, verifiable, and accessible across borders. The Board believes focused investment in AI, intelligent agents, and robotics aligns with the Company's mission and positions it to capture the next wave of educational technology innovation. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Classover's current beliefs, expectations and assumptions regarding the future of Classover's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Classover's control including, but not limited to: Classover's ability to execute its business model, including obtaining market acceptance of its products and services; Classover's financial and business performance, including financial projections and business metrics and any underlying assumptions thereunder; Classover's ability to maintain the listing of its securities on Nasdaq; changes in Classover's strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects and plans; Classover's ability to attract and retain a large number of customers; Classover's future capital requirements and sources and uses of cash; Classover's ability to attract and retain key personnel; Classover's expectations regarding its ability to obtain and maintain intellectual property protection and not infringe on the rights of others; changes in applicable laws or regulations; the possibility that Classover may be adversely affected by other economic, business, and/or competitive factors; the risk that the price of SOL, which has historically been subject to dramatic price fluctuations and is highly volatile, could fall substantially negatively impacting Classover's financial condition and results of operations; regulatory changes related to crypto assets; and fluctuations in the price of crypto assets. These risks and uncertainties also include those risks and uncertainties indicated in Classover's filings with the SEC. Classover's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by Classover in this press release is based only on information currently available to Classover and speaks only as of the date on which it is made. Classover undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Contacts Classover Holdings Inc. [email protected] 800-345-9588 SOURCE: Classover Holdings Inc. View the original press release on ACCESS Newswire

NEW YORK, NY / ACCESS Newswire / November 13, 2025 / Classover Holdings Inc. (NASDAQ:KIDZ)(NASDAQ:KIDZW) ("Classover" or the "Company"), a leading provider in K-12 educational AI, today announced its unaudited financial results for the quarter ended September 30, 2025. Third Quarter 2025 Highlights Revenue: $1.29 million in the third quarter of 2025, representing an increase of 77.4% from the quarter ended June 30, 2025 of $0.73 million and 31.5% increase from the prior year quarter of $0.98 million. Net Income: $2.52 million in the third quarter of 2025, marking a significant improvement from a net loss of $0.18 million in the prior year quarter and $3.87 million in the second quarter of 2025. Gross Margin: 70% representing an increase from 55% in the prior year quarter and 44% in the second quarter of 2025 Balance Sheet Strength and Digital Asset Position Total cash and digital assets holdings (mostly unlocked Solana tokens) stood at approximately $15 million as of September 30, 2025, equating to approximately $0.55 per share based on 28,028,532 shares issued and outstanding as of November 11, 2025. $3,342,651 fair value gain from Classover's Solana-based digital treasury as of September 30, 2025. The Company believes this strong balance sheet and liquidity position provides the Company with ample flexibility to fund long-term AI innovation, product development, and global expansion initiatives. Operational and Strategic Progress AI Tutor Agent Development During the quarter, Classover continued to advance its flagship AI Tutor initiative - a next-generation intelligent learning system designed to deliver adaptive, emotionally aware, and high-engagement instruction. The Company achieved the following key milestones across research, engineering, and development: Appointed Xin Huang, former researcher at Microsoft Research Asia (MSRA), as Senior AI Advisor, and Dr. Youcai Yang of the Yale Child Study Center as AI Tutor Advisor, strengthening expertise in multimodal cognition and emotion-aware learning. Expanded partnership with MiniMax to further enhance real-time conversational intelligence, leveraging advanced speech and reasoning models to simulate human-like teaching and feedback. Maintained an on-schedule development roadmap, with the AI Tutor beta achieving strong retention, engagement, and accuracy in internal testing. Digital Asset and Treasury Strategy Classover's Solana-based digital treasury continues to be a cornerstone of its capital efficiency strategy, serving as both a liquidity reserve and a strategic funding engine for innovation. The following are several highlights of this strategy: Increased Solana holdings to 58,142 SOL as of November 11, 2025, reinforcing exposure to one of the fastest, most energy-efficient blockchains aligned with Classover's on-chain ecosystem initiatives. Entered into a strategic partnership with Paimon Finance, a portfolio company of YZi Labs (formerly Binance Labs), to jointly explore Real-World-Asset (RWA) tokenization and blockchain-based educational credentialing. Expanded the practical utility of digital assets by beginning to accept Solana (SOL) as a form of payment for selected Classover programs and services - a step that broadens accessibility, enhances international reach, and integrates blockchain transactions directly into the Company's ecosystem. Enhanced validator participation and staking operations to optimize yield, strengthen on-chain engagement, and diversify digital asset returns, while maintaining strict custody, compliance, and accounting controls. Classover views its digital asset program as a long-term enabler of innovation, aligning blockchain liquidity with capital-efficient product development. By linking real-world educational activity with on-chain transactions, the Company aims to build a self-sustaining digital learning economy that supports growth, transparency, and community participation. M&A and Strategic Investment Outlook In addition to organic growth, Classover is actively evaluating strategic acquisition and investment opportunities across the AI education, Web3 infrastructure, and digital asset management sectors. The Company's goal is to selectively acquire or partner with businesses that: Accelerate the commercialization and scalability of the AI Tutor platform; Strengthen its AI data, computing, and model integration capabilities; Expand its global footprint in the education and learning technology ecosystem; and Complement its Web3 treasury strategy through synergistic blockchain or RWA initiatives. With its strengthened balance sheet and capital-efficient structure, Classover believes it is well-positioned to pursue bolt-on acquisitions and strategic investments that enhance shareholder value and accelerate long-term growth. Management Commentary "The third quarter of 2025 marks a pivotal quarter for Classover - our first full quarter as a publicly listed company and what we believe is a clear demonstration of the strength of our hybrid AI and Web3 business model," said Stephanie Luo, Classover's Founder and CEO. "We are building a company designed for scalability, where AI innovation is matched with financial discipline and Web3 liquidity. This model allows us to fund innovation dynamically while maintaining sustainable profitability and shareholder value." Looking Ahead Classover remains focused on: Advancing commercialization of its AI Tutor product in 2026. Expanding its AI learning ecosystem through partnerships with AI model providers, educators, AI data centers, and/or blockchain infrastructure firms. Continuing to optimize operations for profitable, capital-light growth while prudently managing its Web3 treasury. Increasing SOL holdings and expanding its digital treasury strategy through the Company's existing equity purchase facility, strengthening its financial flexibility. Pursuing strategic M&A and investment opportunities that support the Company's technology, market, and capital objectives. The Company believes that its combination of AI innovation, blockchain integration, and capital efficiency positions it for sustained growth and long-term shareholder value creation. About Classover Classover Holdings Inc. (NASDAQ:KIDZ) is a technology-driven education company focused on developing artificial intelligence-powered learning systems for the K-12 and broader education markets. The Company's platform is designed to enhance learning accessibility, personalization, and efficiency through the application of advanced AI technologies. Classover is headquartered in New York, with operations supporting students and educators globally. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Classover's current beliefs, expectations and assumptions regarding the future of Classover's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Classover's control including, but not limited to: Classover's ability to execute its business model, including obtaining market acceptance of its products and services; the risk that the price of SOL, which has historically been subject to dramatic price fluctuations and is highly volatile, could fall substantially negatively impacting Classover's financial condition and results of operations; Classover's financial and business performance, including financial projections and business metrics and any underlying assumptions thereunder; Classover's ability to maintain the listing of its securities on Nasdaq; changes in Classover's strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects and plans; Classover's ability to attract and retain a large number of customers; Classover's future capital requirements and sources and uses of cash; regulatory changes related to crypto assets; fluctuations in the price of crypto assets; risks related to the custody of crypto assets, including security risks; Classover's ability to attract and retain key personnel; Classover's expectations regarding its ability to obtain and maintain intellectual property protection and not infringe on the rights of others; changes in applicable laws or regulations; and the possibility that Classover may be adversely affected by other economic, business, and/or competitive factors. These risks and uncertainties also include those risks and uncertainties indicated in Classover's filings with the SEC. Classover's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by Classover in this press release is based only on information currently available to Classover and speaks only as of the date on which it is made. Classover undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Contacts Classover Holdings Inc. [email protected] 800-345-9588 SOURCE: Classover Holdings, Inc. View the original press release on ACCESS Newswire

2024 Revenue Increased 19% Year-over-Year Company Issues 2025 Revenue Guidance of $10–15 Million, Representing 172%–308% Growth NEW YORK, NY / ACCESS Newswire / April 17, 2025 / Classover Holdings, Inc. (the "Company") (NASDAQ:KIDZ)(NASDAQ:KIDZW), a leader in live, interactive online learning through its wholly-owned subsidiary Class Over Inc. ("Classover"), today announced Classover's financial results for the fiscal year ended December 31, 2024. Highlights Total revenue reached $3.7 million in 2024, representing a 19% increase over the prior year. Gross profit rose 24% year-over-year to $2.1 million Gross margin expanded to 56.0%, up from 53.6% in the prior year Net loss for 2024 was ($843K), compared to ($433K) in the prior year Registered users grew 57.6% to 61,387 as of December 31, 2024 Total classes delivered rose 16.5% to 114,135, up from 98,010 in the prior year Active educators increased 28% to 936, up from 731 in the prior year 2025 revenue guidance is projected at $10 million to $15 million, reflecting an expected 172% to 308% year-over-year growth, driven by anticipated organic expansion, strategic acquisitions, and new partnership initiatives Management Commentary "We are proud of the meaningful progress Classover made across almost every key metric in 2024," said Stephanie Luo, Chairwoman and Chief Executive Officer of the Company and Founder and CEO of Classover. "We believe the continued growth in our user base and class delivery reflects the strength of our platform and the value we bring to students, families, and educators around the world." Classover entered 2025 with strong momentum and built on that momentum with its recent Nasdaq listing, a major milestone that marks the beginning of an exciting new chapter. With a healthy balance sheet, Classover appears well-positioned to pursue strategic growth opportunities. Looking ahead, management believes 2025 growth will be driven by three strategic pillars: To accelerate these initiatives, the Company is currently in active discussions regarding potential strategic partnerships and acquisition targets, which are expected to complement its core capabilities and expand its market footprint. "We are confident in our ability to scale effectively while delivering meaningful impact through technology and innovation," added Ms. Luo. "With a strong foundation, a clear strategy, and powerful AI capabilities, we are excited for the road ahead." About Classover Founded in 2020 and headquartered in New York, Classover has rapidly emerged as a leader in educational technology, specializing in live online courses for K-12 students worldwide. Offering a diverse curriculum tailored to different learning levels and interests, Classover empowers students through personalized instruction, innovative course design, and cutting-edge AI technology. From creativity-driven programs to competitive test preparation, Classover is dedicated to redefining education through accessible, high-quality learning experiences. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Classover's current beliefs, expectations and assumptions regarding the future of Classover's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Classover's control including, but not limited to: the ability of Classover to achieve the anticipated benefits of its recently completed business combination with Battery Future Acquisition Corp. ("BFAC"); Classover's inability to maintain the listing of its securities on Nasdaq following the business combination; Classover's ability to execute its business model, including obtaining market acceptance of its products and services; Classover's financial and business performance, including financial projections and business metrics and any underlying assumptions thereunder; changes in Classover's strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects and plans; Classover's ability to attract and retain a large number of customers; Classover's future capital requirements and sources and uses of cash; Classover's ability to attract and retain key personnel; Classover's expectations regarding its ability to obtain and maintain intellectual property protection and not infringe on the rights of others; changes in applicable laws or regulations; and the possibility that Classover may be adversely affected by other economic, business, and/or competitive factors. These risks and uncertainties also include those risks and uncertainties indicated in the definitive proxy statement/prospectus included in the Registration Statement on Form S-4 filed by Classover Holdings, Inc. in connection with its business combination with BFAC. Classover's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by Classover in this press release is based only on information currently available to Classover and speaks only as of the date on which it is made. Classover undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Contacts: Class Over IR Team [email protected] 800-345-9588 SOURCE: Classover Holdings, Inc. View the original press release on ACCESS Newswire