• SAIheat published unaudited pro forma financials for its reverse merger with Canopy Wave for the year ended Dec. 31, 2025.
• Combined revenue totaled USD 16.9 million, reflecting Canopy Wave’s USD 12.37 million added to SAIheat’s USD 4.52 million.
• Net loss was USD 5.99 million, driven by SAIheat’s USD 6.45 million loss and USD 0.096 million incremental stock-compensation expense.
• Total assets were USD 46.96 million, including USD 26.92 million of goodwill tied to the deemed purchase consideration.
• Cash was USD 6.03 million, including USD 4.5 million of PIPE proceeds, offset by USD 1.7 million of estimated transaction costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SAIheat Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-104816), on September 30, 2026, and is solely responsible for the information contained therein.