RTB Digital, Inc. — Form 8-K/A
Filed July 27, 2026 · analyzed by the 8-K Agent
8-K/A
▼ Likely negative
significance 82/100
What the filing says
RTB Digital reported 2025 net losses of $8.0M on revenue of $2.1M, with negative operating cash flow of $2.2M and accumulated deficit of $13.8M. As of December 31, 2025, the company held only $534K in cash. Auditors noted substantial doubt about going-concern ability. Post-filing (May 12, 2026), RTB merged with Ryvyl in a reverse merger, effective immediately. Pro forma combined 2025 revenue was $13.3M; pro forma Q1 2026 loss was $8.3M.
Why this rating
Going-concern doubt on company worth ~$8.5M is material. Merger restructuring and cash burn trajectory threaten survival; offset partially by Ryvyl combination and operational diversification.
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