Wishpond Enters into Asset Purchase Agreement to Sell Viral Loops for $2.3 Million to Strengthen Balance Sheet [Accessibility Statement] Skip NavigationVANCOUVER, BC, Feb. 19, 2026 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of AI-enabled marketing-focused online business solutions, today announced that it has entered into an asset purchase agreement dated February 19, 2026 to sell its Viral Loops product and related assets ("Viral Loops") ...

Core Insights - The company has transitioned towards an AI-focused business model, achieving positive Adjusted EBITDA and the highest gross margin since 2020, indicating progress in profitability and operational efficiency [2][5][6] Financial Performance - In Q3 2025, the company reported revenue of $3,375,653, a decrease from $5,055,738 in Q3 2024, attributed to a strategic shift from lower-margin digital marketing solutions to AI-enabled platforms [6][14] - Gross profit for Q3 2025 was $2,400,784, down from $3,490,107 in Q3 2024, with a gross margin of 71%, up from 69% in the previous year, marking the highest margin since Q3 2020 [5][14] - The company achieved positive Adjusted EBITDA of $49,012 in Q3 2025, a decline from $571,228 in Q3 2024, primarily due to lower revenues and increased professional fees [5][14] Business Developments - The company has filed multiple patent applications to enhance its AI capabilities, including innovations in virtual AI agents and sales automation [9][12] - A proposed spin-off of the SalesCloser platform aims to improve focus and funding opportunities for both Wishpond and SalesCloser, potentially enhancing growth prospects [2][12] - The company secured a loan agreement for $200,000 to support working capital and liquidity, reflecting ongoing financial discipline [10] Strategic Focus - The company is concentrating on improving profitability, enhancing its core marketing technology platform, and advancing AI-focused solutions [11][12] - Key goals for 2025 include accelerating organic revenue growth, increasing Monthly Recurring Revenue (MRR), and improving customer value [16]

Core Viewpoint - Wishpond Technologies Ltd. has filed three new non-provisional utility patent applications to enhance its intellectual property portfolio in conversational AI and sales automation, marking a significant advancement for its SalesCloser AI platform [1][7]. Group 1: Patent Filings - The three new patent applications focus on conversational AI workflow building, adaptive voicemail/IVR detection, and real-time appointment scheduling, bringing the total number of patent applications to seven [7][8]. - The first filing introduces an embedded AI assistant for creating and managing AI voice agents through a conversational interface, making agent-building accessible to non-technical users [3]. - The second filing features technology that allows AI agents to detect whether outbound calls connect with a live person, voicemail, or IVR, improving outbound campaign efficiency [4]. - The third filing addresses appointment scheduling by enabling AI agents to connect directly to calendar systems for real-time booking, which shortens sales cycles and boosts conversion rates [5]. Group 2: Strategic Development - Wishpond is developing a strategic patent portfolio aimed at making AI sales agents function more like humans, with patents focusing on natural voice synthesis, managing complex conversations, and facilitating seamless AI-to-human transitions [6][9]. - The company's vision is to create a fully autonomous AI-enabled platform that streamlines the customer acquisition journey, enhancing efficiency and driving higher conversions [10]. - Wishpond's business model is based on Software-as-a-Service, generating revenue primarily from subscription-based recurring revenue, which ensures strong revenue predictability and cash flow visibility [10].

Core Insights - Wishpond Technologies Ltd. has filed a non-provisional utility patent application for a technology called 'Self-Testing in a Virtual AI Representative', which enhances the reliability of AI interactions by allowing virtual agents to undergo rigorous pre-engagement simulations before interacting with users [1][6] - This marks the fourth patent application filed by the company, highlighting its commitment to innovation in AI-driven sales and marketing automation [1][6] - The Self-Testing technology is already being utilized with Wishpond's SalesCloser AI agent, improving the quality of sales interactions [3][6] Technology and Innovation - The Self-Testing feature enables virtual AI agents to simulate authentic user interactions using a 'Fake User', ensuring responses are accurate and contextually appropriate [2][4] - The technology involves comprehensive testing of the AI's text-based, visual, and auditory outputs, ensuring readiness for live interactions and enhancing customer experience [2][4] - Wishpond's strategic patent portfolio aims to make AI sales agents function more like humans, incorporating advanced language models and deep learning for natural voice synthesis [4][6] Competitive Positioning - The company is strengthening its competitive moat through innovations such as Enhanced State Manager for managing complex conversations and Human Takeover Technology for seamless AI-to-human transitions [4][6] - Wishpond's focus on developing dependable and efficient AI-driven solutions positions it as a prominent player in the AI-driven sales automation landscape [4][6] - The company serves small-to-medium-sized businesses with an all-in-one marketing suite that integrates various AI-driven tools, enhancing efficiency and customer satisfaction [7]