{"url_path":"/sec/bnzi/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1826011/0001193125-26-226795-index.html","accession_number":"0001193125-26-226795","cik":"0001826011","ticker":"BNZI","issuer_name":"Banzai International, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1826011/0001193125-26-226795-index.html","primary_entity_key":"0001826011","primary_entity_name":"Banzai International, Inc."},"word_count":476,"has_tables":true,"body_markdown":"10-Q\n\n--12-31falseQ10001826011March 31, 2026two yearhttp://fasb.org/srt/2025#ChiefExecutiveOfficerMember0.050001826011us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputExercisePriceMembersrt:MinimumMember2026-03-310001826011us-gaap:CommonClassAMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-10-150001826011bnzi:AgileTermNotesMember2025-01-012025-03-310001826011us-gaap:AdditionalPaidInCapitalMember2026-03-310001826011bnzi:BanzaiOperatingMemberus-gaap:OperatingSegmentsMember2026-01-012026-03-310001826011bnzi:GemWarrantsLiabilityMemberus-gaap:FairValueInputsLevel3Member2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:June3INoteMember2025-08-122025-08-120001826011us-gaap:FairValueInputsLevel3Memberus-gaap:ConvertibleDebtMember2025-12-310001826011bnzi:BootCapitalMember2025-12-030001826011us-gaap:CommonClassAMemberbnzi:CPBFLendingLLCMember2024-09-050001826011bnzi:BanzaiOperatingMember2026-03-310001826011us-gaap:CommonClassAMemberbnzi:October3INoteDueOctoberOneTwoThousandTwentySixMembersrt:MaximumMember2025-12-110001826011bnzi:September1800DiagonalNoteMember2025-09-120001826011srt:MinimumMemberbnzi:CEOAwardMember2025-11-012025-11-300001826011bnzi:RepaymentAgreementMembersrt:MaximumMemberbnzi:SidleyAustinLlpMember2024-09-190001826011us-gaap:CommonClassAMemberbnzi:April1800DiagonalNoteMember2025-10-212025-10-270001826011us-gaap:CommonClassAMemberbnzi:June3INoteMember2025-08-120001826011us-gaap:NonrelatedPartyMember2026-01-012026-03-310001826011bnzi:AdditionalTrancheMemberbnzi:August1800DiagonalNoteMember2024-08-160001826011bnzi:VidelloLimitedMemberus-gaap:OperatingSegmentsMember2026-01-012026-03-310001826011bnzi:VidelloLimitedMember2025-07-012025-09-300001826011bnzi:CPBFLendingLLCMemberus-gaap:ConvertibleDebtMember2026-03-310001826011bnzi:ATMAgreementMembersrt:MaximumMember2025-08-272025-08-270001826011us-gaap:FairValueInputsLevel3Member2026-01-012026-03-310001826011us-gaap:RestrictedStockUnitsRSUMember2026-01-012026-03-310001826011bnzi:SharePurchaseAgreementMember2024-09-230001826011bnzi:SeriesFEPreferredStockMember2024-01-012024-12-310001826011bnzi:September2025YorkvilleNoteMember2025-09-160001826011bnzi:MarchAgileNoteMember2026-05-080001826011bnzi:TwentyTwentyFourCPBFConvertibleNoteMember2024-09-232024-09-230001826011bnzi:YorkvillePromissoryNotesMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-12-310001826011bnzi:DiagonalConvertibleNotesMember2025-12-310001826011us-gaap:CommonClassAMemberbnzi:MarchAgileNoteMemberus-gaap:SubsequentEventMembersrt:MaximumMember2026-05-080001826011us-gaap:CommonClassAMemberus-gaap:SubsequentEventMemberbnzi:NovemberAndSeptember1800DiagonalNoteMember2026-05-052026-05-110001826011bnzi:VidelloMember2025-01-312025-01-310001826011us-gaap:CommonStockMemberbnzi:PrivatePlacementOffering3ILPMember2025-10-080001826011bnzi:ThousandEightHundredDiagonalNotesMember2025-01-012025-03-310001826011us-gaap:SalesRevenueNetMemberus-gaap:ProductConcentrationRiskMemberbnzi:OpenReelMember2025-01-012025-03-310001826011bnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMemberbnzi:YorkvilleConvertibleNoteMember2023-12-140001826011us-gaap:CommonClassAMemberbnzi:OriginalDebtRepaymentAgreementMember2024-05-032024-05-030001826011bnzi:PublicWarrantsMemberus-gaap:CommonClassAMember2026-01-012026-03-310001826011bnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-01-310001826011bnzi:VidelloMemberus-gaap:CustomerRelationshipsMember2025-01-312025-01-310001826011us-gaap:CommonClassAMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-10-130001826011us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputExpectedDividendRateMember2026-03-310001826011us-gaap:CommonClassAMemberbnzi:OptionOneAdvanceMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMember2026-03-310001826011bnzi:DiagonalConvertibleNotesMember2026-03-310001826011bnzi:SharePurchaseAgreementMemberbnzi:GemAgreementMembersrt:MaximumMember2023-12-140001826011bnzi:VidelloMemberbnzi:DevelopedTechnologyMember2025-01-310001826011bnzi:SubordinatedSecuredPromissoryNoteMemberbnzi:JuneAgileNoteMember2025-06-120001826011bnzi:OriginalDebtRepaymentAgreementMember2024-05-032024-05-030001826011bnzi:BootCapitalMember2025-12-310001826011us-gaap:EMEAMember2026-01-012026-03-310001826011bnzi:ThreeILPMemberbnzi:June3INoteMember2025-08-120001826011us-gaap:OperatingSegmentsMemberbnzi:OpenReelMember2025-01-012025-03-310001826011us-gaap:AdditionalPaidInCapitalMember2025-03-310001826011bnzi:GEMWarrantSharesMember2026-01-012026-03-310001826011bnzi:VidelloMemberus-gaap:CustomerRelationshipsMember2025-01-310001826011bnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-02-052024-02-050001826011us-gaap:RetainedEarningsMember2025-03-310001826011bnzi:DecemberYorkvilleConvertibleNoteMemberbnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2024-01-012024-12-310001826011bnzi:FirstAmendmentConvertibleNoteMemberbnzi:CPBFLendingLLCMember2022-10-100001826011us-gaap:CommonStockMember2025-03-310001826011us-gaap:CommonStockMember2024-12-310001826011us-gaap:OperatingSegmentsMemberbnzi:VidelloLimitedMember2025-01-012025-03-310001826011bnzi:DonnelleyFinancialLlcMemberbnzi:RepaymentAgreementMemberbnzi:AccruedExpensesAndOtherCurrentLiabilitiesMember2026-03-310001826011us-gaap:FairValueInputsLevel1Member2025-12-310001826011bnzi:CPBFLendingLLCMemberbnzi:TwentyTwentyFourCPBFConvertibleNoteMember2025-01-012025-03-310001826011bnzi:VeristaPartnersIncMemberbnzi:RepaymentAgreementMember2024-08-260001826011us-gaap:CommonClassAMemberbnzi:FebruaryYorkvillePromissoryNoteMemberbnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2024-01-012024-12-310001826011bnzi:ATMAgreementMember2025-08-272025-08-270001826011us-gaap:CommonClassAMemberbnzi:October3INoteDueOctoberOneTwoThousandTwentySixMember2025-10-162025-12-110001826011bnzi:July1800DiagonalNoteMemberus-gaap:CommonClassAMembersrt:MinimumMember2026-03-190001826011us-gaap:CommonClassBMember2026-03-310001826011bnzi:ReachMember2026-01-012026-03-310001826011us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputPriceVolatilityMembersrt:MaximumMember2026-03-310001826011bnzi:GemTermSheetMemberbnzi:GemAgreementMember2023-12-140001826011bnzi:BootCapitalMember2026-03-310001826011bnzi:CPBFLetterAgreementMemberus-gaap:CommonClassAMemberus-gaap:SubsequentEventMember2026-05-1500018260112025-09-012025-09-300001826011bnzi:BanzaiOperatingMemberus-gaap:OperatingSegmentsMember2025-01-012025-03-310001826011us-gaap:CommonClassAMemberbnzi:AmendedDebtRepaymentAgreementMember2024-05-310001826011us-gaap:CommonClassAMemberbnzi:SharesIssuedForPrivatePlacementMember2025-05-310001826011bnzi:OpenReelMember2025-01-012025-03-310001826011us-gaap:SubsequentEventMemberbnzi:TVTCapitalIssuanceMember2026-04-280001826011bnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-03-262024-03-260001826011us-gaap:CommonClassAMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-10-060001826011bnzi:MarchYorkvillePromissoryNotesMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-12-310001826011us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-03-310001826011us-gaap:RetainedEarningsMember2026-03-310001826011us-gaap:RevenueFromContractWithCustomerMemberbnzi:CustomerMembersrt:AsiaPacificMemberus-gaap:GeographicConcentrationRiskMember2026-01-012026-03-310001826011us-gaap:SalesRevenueNetMemberus-gaap:ProductConcentrationRiskMember2025-01-012025-03-310001826011bnzi:July1800DiagonalNoteMemberus-gaap:CommonClassAMember2026-03-192026-03-190001826011bnzi:June3INoteMemberbnzi:PrivatePlacementNotesMember2025-06-302025-06-300001826011us-gaap:CommonStockMemberbnzi:PrivatePlacementOffering3ILPMembersrt:MaximumMember2025-04-300001826011bnzi:DemioMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2023-12-140001826011bnzi:SharesIssuedForPrivatePlacementMember2025-05-310001826011us-gaap:CommonStockMemberbnzi:RothCapitalPartnersLlcMember2025-01-012025-03-310001826011us-gaap:SalesRevenueNetMemberus-gaap:ProductConcentrationRiskMemberbnzi:DemioMember2026-01-012026-03-310001826011us-gaap:CommonStockMember2025-01-012025-03-310001826011bnzi:PublicWarrantsLiabilityMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:FEIVAggregatorMember2025-11-260001826011us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-12-310001826011bnzi:AgileMemberus-gaap:AdditionalPaidInCapitalMember2026-01-012026-03-310001826011us-gaap:CommonClassAMember2026-03-310001826011us-gaap:CommonClassAMemberbnzi:YorkvilleAdvisorsGlobalLPMemberbnzi:January2025YorkvilleConvertibleNoteMember2025-01-300001826011bnzi:ThreeILPMemberbnzi:October3INoteDueOctoberOneTwoThousandTwentySixMember2026-02-190001826011srt:ScenarioForecastMembercountry:US2026-01-012026-12-310001826011bnzi:GemAgreementMemberbnzi:GemWarrantMember2026-01-012026-03-310001826011bnzi:March1800DiagonalNoteMember2026-03-172026-03-170001826011us-gaap:AdditionalPaidInCapitalMember2024-12-310001826011bnzi:ATMAgreementMemberus-gaap:CommonClassAMember2025-08-270001826011us-gaap:CommonClassAMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-10-132025-10-130001826011bnzi:CPBFLetterAgreementMemberus-gaap:CommonClassAMemberus-gaap:SubsequentEventMember2026-05-152026-05-150001826011bnzi:CPBFSecuritiesPurchaseAgreementMember2024-09-230001826011bnzi:CPBFLendingLLCMemberbnzi:TwentyTwentyFourCPBFConvertibleNoteMember2026-01-012026-03-310001826011us-gaap:NonrelatedPartyMember2025-01-012025-03-310001826011bnzi:December1800DiagonalNoteMember2025-12-032025-12-030001826011bnzi:November1800DiagonalNoteMember2025-11-040001826011us-gaap:SubsequentEventMemberus-gaap:CommonClassBMember2026-04-022026-04-020001826011us-gaap:CommonClassAMemberus-gaap:SubsequentEventMemberbnzi:NovemberAndSeptember1800DiagonalNoteMember2026-05-0500018260112025-01-012025-12-310001826011bnzi:AmendedDebtRepaymentAgreementMemberus-gaap:CommonClassAMember2024-05-222024-05-220001826011bnzi:VentureIssuanceAndPayoffMember2026-03-310001826011us-gaap:CommonClassAMemberbnzi:OriginalDebtRepaymentAgreementMember2024-05-030001826011bnzi:YorkvilleStandbyEquityPurchaseAgreementMemberus-gaap:CommonClassBMember2023-12-140001826011bnzi:October3INoteMemberbnzi:PrivatePlacementNotesMember2025-10-082025-10-080001826011us-gaap:FairValueInputsLevel3Memberbnzi:FebruaryWarrantMember2026-01-012026-03-310001826011bnzi:January1800DiagonalNoteMember2026-01-122026-01-120001826011bnzi:VeristaPartnersIncMemberus-gaap:AccountsPayableMemberbnzi:RepaymentAgreementMember2026-03-310001826011bnzi:YorkvilleStandbyEquityPurchaseAgreementMember2023-12-1400018260112024-12-310001826011us-gaap:RestrictedStockUnitsRSUMemberus-gaap:GeneralAndAdministrativeExpenseMember2025-01-012025-03-310001826011bnzi:RepaymentAgreementMemberbnzi:SidleyAustinLlpMember2024-09-192024-09-190001826011bnzi:PublicWarrantSharesMember2026-01-012026-03-310001826011bnzi:PrivatePlacementOffering3ILPMember2025-12-310001826011bnzi:SubordinatedSecuredPromissoryNoteMemberbnzi:MarchAgileNoteMember2025-03-310001826011bnzi:BanzaiOperatingMember2025-01-012025-03-310001826011us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputExercisePriceMembersrt:MaximumMember2026-03-310001826011bnzi:SubordinatedSecuredPromissoryNoteMemberbnzi:MarchTwoThousandTwentySixAgileNoteMember2026-03-302026-03-300001826011us-gaap:RevenueFromContractWithCustomerMemberbnzi:CustomerMemberus-gaap:GeographicConcentrationRiskMember2026-01-012026-03-310001826011bnzi:AmendedDebtRepaymentAgreementMember2026-01-012026-03-310001826011srt:ChiefExecutiveOfficerMemberus-gaap:CommonClassBMemberbnzi:CPBFSecuritiesPurchaseAgreementMember2024-09-230001826011bnzi:PublicWarrantsMember2026-03-310001826011bnzi:SubordinatedSecuredPromissoryNoteMemberbnzi:MarchAgileNoteMember2025-12-152025-12-150001826011us-gaap:CommonClassAMemberbnzi:CPBFSecuritiesPurchaseAgreementMember2024-09-232024-09-230001826011bnzi:AgileMember2026-01-012026-03-310001826011bnzi:February1800DiagonalNoteMemberus-gaap:CommonClassAMember2025-02-072025-02-070001826011bnzi:VeristaPartnersIncMember2024-08-260001826011us-gaap:RestrictedStockUnitsRSUMember2025-01-012025-03-310001826011bnzi:PrivatePlacementOffering3ILPMember2025-10-082025-10-0800018260112026-01-012026-03-310001826011us-gaap:CommonStockMember2025-12-310001826011bnzi:PrivatePlacementOffering3ILPMember2025-10-080001826011bnzi:MarchAgileNoteMember2025-12-150001826011us-gaap:OperatingSegmentsMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:CPBFLendingLLCMembersrt:MaximumMember2025-12-3100018260112026-04-282026-04-280001826011bnzi:CpBfConvertibleNotesMemberus-gaap:FairValueInputsLevel3Member2025-12-310001826011us-gaap:CommonStockMemberbnzi:ThreeILPMember2026-01-012026-03-310001826011bnzi:VidelloMember2026-01-012026-03-310001826011bnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-02-050001826011bnzi:ThreeILPMember2026-01-012026-03-310001826011us-gaap:RestrictedStockUnitsRSUMember2026-01-012026-03-310001826011bnzi:December1800DiagonalNoteMember2024-12-100001826011srt:MaximumMemberbnzi:CPBFSecuritiesPurchaseAgreementMember2024-09-232024-09-230001826011bnzi:Asc47060Memberbnzi:RepaymentAgreementMemberbnzi:SidleyAustinLlpMember2024-09-192024-09-190001826011us-gaap:FairValueInputsLevel3Memberus-gaap:RelatedPartyMember2025-12-310001826011bnzi:YorkvilleStandbyEquityPurchaseAgreementMember2023-12-142023-12-140001826011bnzi:GemAgreementMember2024-02-012024-02-290001826011bnzi:SharesIssuedForPrivatePlacementMember2025-05-012025-05-310001826011us-gaap:SalesRevenueNetMemberbnzi:ReachMemberus-gaap:ProductConcentrationRiskMember2025-01-012025-03-310001826011bnzi:May1800DiagonalNoteMember2025-05-090001826011us-gaap:AdditionalPaidInCapitalMember2026-01-012026-03-310001826011us-gaap:CommonClassAMembersrt:MinimumMemberbnzi:October3INoteDueOctoberOneTwoThousandTwentySixMember2025-12-110001826011bnzi:GemAgreementMember2024-02-052024-02-050001826011us-gaap:CommonClassAMemberbnzi:December1800DiagonalNoteMember2025-07-220001826011bnzi:September1800DiagonalNoteMember2024-09-240001826011us-gaap:SalesRevenueNetMemberbnzi:ReachMemberus-gaap:ProductConcentrationRiskMember2026-01-012026-03-310001826011bnzi:CEOAwardMember2025-11-012025-11-300001826011us-gaap:CommonClassAMemberbnzi:YorkvilleAdvisorsGlobalLPMemberus-gaap:SubsequentEventMember2026-04-242026-05-060001826011bnzi:PrivatePlacementWarrantsMemberbnzi:OctoberWarrantMember2025-10-080001826011us-gaap:CommonClassAMemberbnzi:CPBFLendingLLCMember2024-10-012024-10-310001826011us-gaap:CommonClassAMembersrt:MinimumMemberbnzi:August3INoteMember2025-10-140001826011us-gaap:RetainedEarningsMember2025-12-310001826011us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-01-012026-03-310001826011bnzi:WorldwideMember2026-01-012026-03-310001826011bnzi:VidelloMember2025-01-310001826011us-gaap:CommonClassAMember2025-12-310001826011us-gaap:CommonClassAMemberbnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2023-12-142023-12-140001826011us-gaap:CommonClassAMembersrt:MaximumMemberbnzi:August3INoteMember2025-10-140001826011us-gaap:RestrictedStockUnitsRSUMemberus-gaap:GeneralAndAdministrativeExpenseMember2026-01-012026-03-310001826011us-gaap:CommonClassBMember2026-05-140001826011us-gaap:TradeNamesMembersrt:MaximumMember2026-01-012026-03-310001826011srt:MinimumMemberbnzi:VidelloMemberbnzi:DevelopedTechnologyMember2025-01-312025-01-310001826011bnzi:JulyAgileNoteMember2024-12-122024-12-120001826011us-gaap:CommonStockMemberbnzi:VidelloMember2025-01-312025-01-310001826011us-gaap:CommonStockMember2026-03-310001826011bnzi:February1800DiagonalNoteMember2025-02-072025-02-070001826011bnzi:PrivatePlacementNotesMemberbnzi:August3INoteMember2025-08-190001826011bnzi:TwentyTwentyFourCPBFConvertibleNoteMember2024-09-052024-09-050001826011bnzi:SeriesFEPreferredStockMember2026-03-310001826011bnzi:PreFundedWarrantsMember2026-01-012026-03-310001826011srt:AsiaPacificMember2025-01-012025-03-310001826011bnzi:September1800DiagonalNoteMember2024-09-242024-09-240001826011bnzi:ThousandEightHundredDiagonalLendingLLCMemberus-gaap:AdditionalPaidInCapitalMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:GemAgreementMember2024-01-012024-12-310001826011bnzi:TwentyTwentyFourCPBFConvertibleNoteMember2024-09-230001826011bnzi:PrivatePlacementOffering3ILPMember2025-06-270001826011bnzi:GemWarrantsLiabilityMemberus-gaap:FairValueInputsLevel3Member2025-12-310001826011srt:AmericasMember2026-01-012026-03-310001826011bnzi:December1800DiagonalNoteMember2025-12-030001826011bnzi:ThreeILPMemberbnzi:August3INoteMember2025-10-140001826011bnzi:MarchYorkvillePromissoryNotesMemberus-gaap:CommonClassAMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-01-012024-12-310001826011bnzi:VeristaPartnersIncMemberbnzi:RepaymentAgreementMembersrt:MaximumMember2024-08-260001826011bnzi:ThousandEightHundredDiagonalNotesMember2026-01-012026-03-310001826011bnzi:ATMAgreementMemberbnzi:May2025PrefundedWarrantsMemberbnzi:SharesIssuedForPrivatePlacementMember2025-05-310001826011bnzi:ATMAgreementMember2026-03-310001826011us-gaap:CommonClassAMemberbnzi:HudsonGlobalVenturesLLCMember2025-09-030001826011bnzi:TwentyTwentyFourCPBFConvertibleNoteMember2026-03-310001826011bnzi:AmendedDebtRepaymentAgreementMember2024-05-310001826011us-gaap:RevenueFromContractWithCustomerMemberbnzi:CustomerMemberus-gaap:GeographicConcentrationRiskMember2025-01-012025-03-310001826011us-gaap:CommonClassAMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMemberbnzi:OptionTwoAdvanceMember2026-01-012026-03-310001826011bnzi:CPBFLetterAgreementMemberus-gaap:CommonClassAMembersrt:MinimumMember2025-10-142025-10-140001826011bnzi:VeristaPartnersIncMemberbnzi:RepaymentAgreementMember2026-01-012026-03-310001826011bnzi:YorkvilleMember2025-12-310001826011bnzi:February1800DiagonalNoteMember2025-02-070001826011bnzi:April1800DiagonalNoteMember2025-04-172025-04-170001826011bnzi:Asc47060Memberbnzi:RepaymentAgreementMemberbnzi:SidleyAustinLlpMember2025-01-012025-03-310001826011us-gaap:CommonClassAMemberbnzi:August1800DiagonalNoteMember2025-08-112025-08-110001826011us-gaap:CommonClassAMemberbnzi:February3INoteMembersrt:MaximumMember2026-03-250001826011us-gaap:CommonClassAMemberbnzi:June3INoteMember2025-10-220001826011bnzi:September2025YorkvilleNoteMember2025-01-302025-01-300001826011us-gaap:FairValueInputsLevel1Memberbnzi:PublicWarrantsLiabilityMember2025-12-310001826011bnzi:DonnelleyFinancialLlcMembersrt:MinimumMemberbnzi:RepaymentAgreementMember2024-09-130001826011bnzi:AlcoMemberus-gaap:CommonClassAMember2025-04-210001826011bnzi:PublicWarrantsMemberus-gaap:CommonClassAMember2026-03-310001826011bnzi:AugustWarrantMemberbnzi:PrivatePlacementWarrantsMember2025-08-190001826011bnzi:December1800DiagonalNoteMember2024-12-102024-12-100001826011bnzi:YorkvilleAdvisorsGlobalLPMemberbnzi:January2025YorkvilleConvertibleNoteMember2025-01-300001826011bnzi:May1800DiagonalNoteMember2025-05-092025-05-090001826011bnzi:VeristaPartnersIncMember2024-08-262024-08-260001826011bnzi:DonnelleyFinancialLlcMemberbnzi:RepaymentAgreementMembersrt:MaximumMember2024-09-130001826011bnzi:GemAgreementMemberbnzi:GemWarrantMember2023-12-150001826011bnzi:DiagonalConvertibleNotesMember2026-01-012026-03-310001826011us-gaap:RevenueFromContractWithCustomerMemberbnzi:CustomerMemberus-gaap:EMEAMemberus-gaap:GeographicConcentrationRiskMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:June3INoteMember2025-10-222025-10-220001826011us-gaap:ConvertibleDebtMemberbnzi:LoanAgreementWithCpbfLendingLlcMember2024-12-310001826011bnzi:July1800DiagonalNoteMember2026-01-262026-01-270001826011bnzi:September1800DiagonalNoteMember2025-09-122025-09-120001826011bnzi:GemTermSheetMemberus-gaap:CommonClassAMemberbnzi:GemAgreementMemberbnzi:GemWarrantMember2023-12-140001826011srt:MinimumMemberus-gaap:TradeNamesMember2026-01-012026-03-310001826011bnzi:ATMAgreementMemberus-gaap:CommonClassAMemberbnzi:May2025PrefundedWarrantsMemberbnzi:SharesIssuedForPrivatePlacementMember2025-05-310001826011bnzi:YorkvilleConvertibleNotesMemberbnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2023-12-140001826011srt:AmericasMember2025-01-012025-03-310001826011bnzi:VidelloMember2025-12-310001826011us-gaap:GeneralAndAdministrativeExpenseMember2025-01-012025-03-310001826011us-gaap:CommonClassAMemberbnzi:July1800DiagonalNoteMembersrt:MinimumMember2026-01-270001826011bnzi:GemAgreementMember2024-02-050001826011us-gaap:OperatingSegmentsMemberbnzi:OpenReelMember2026-01-012026-03-3100018260112025-03-310001826011bnzi:AgileTermNotesMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:MarchAgileNoteMemberus-gaap:SubsequentEventMember2026-04-152026-05-080001826011bnzi:September2025YorkvilleNoteMember2025-09-162025-09-160001826011bnzi:SubordinatedSecuredPromissoryNoteMember2024-07-222024-07-220001826011bnzi:VidelloMember2026-01-012026-03-310001826011bnzi:PreFundedWarrantMembersrt:MaximumMember2024-09-232024-09-230001826011bnzi:YorkvilleConvertibleNotesMemberbnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2023-12-142023-12-140001826011us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MinimumMember2026-03-310001826011us-gaap:FairValueInputsLevel3Memberus-gaap:RelatedPartyMember2026-03-310001826011bnzi:VidelloLimitedMemberus-gaap:CommonClassAMember2025-01-312025-01-310001826011us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputSharePriceMember2026-03-310001826011bnzi:YorkvillePromissoryNotesMember2025-01-302025-01-300001826011bnzi:YorkvillePromissoryNotesMember2025-01-300001826011bnzi:YorkvilleMemberus-gaap:AdditionalPaidInCapitalMember2025-01-012025-03-310001826011bnzi:SubordinatedSecuredPromissoryNoteMember2024-07-220001826011bnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-02-140001826011us-gaap:TechnologyBasedIntangibleAssetsMembersrt:MaximumMember2026-01-012026-03-3100018260112024-09-052024-09-050001826011bnzi:PrivatePlacementWarrantsMember2026-01-012026-03-310001826011bnzi:OpenReelMember2025-12-310001826011us-gaap:RevenueFromContractWithCustomerMemberbnzi:CustomerMemberus-gaap:GeographicConcentrationRiskMemberus-gaap:EMEAMember2025-01-012025-03-310001826011bnzi:PrivatePlacementWarrantsMemberbnzi:JuneWarrantMember2025-06-302025-06-300001826011bnzi:PrivatePlacementNotesMember2026-03-310001826011bnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-03-260001826011bnzi:PrivatePlacementNotesMember2026-01-012026-03-310001826011bnzi:GemTermSheetMemberbnzi:GemAgreementMember2023-12-142023-12-140001826011us-gaap:RelatedPartyMember2026-03-310001826011bnzi:PrivatePlacementNotesMemberbnzi:August3INoteMember2025-08-192025-08-190001826011bnzi:CEOAwardMember2026-01-012026-03-310001826011bnzi:MarchAgileNoteMember2026-03-270001826011bnzi:VidelloMember2026-03-310001826011us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputPriceVolatilityMembersrt:MinimumMember2026-03-310001826011bnzi:HudsonGlobalVenturesLLCMember2025-01-032025-01-030001826011us-gaap:CommonClassAMemberbnzi:HudsonGlobalVenturesLLCMember2025-07-010001826011bnzi:February1800DiagonalNoteMemberus-gaap:CommonClassAMember2025-08-110001826011us-gaap:CommonClassAMemberbnzi:GemAgreementMember2024-02-052024-02-050001826011bnzi:January1800DiagonalNoteMember2026-01-120001826011us-gaap:RestrictedStockUnitsRSUMember2025-12-310001826011us-gaap:CommonClassAMembersrt:MinimumMemberbnzi:MarchAgileNoteMemberus-gaap:SubsequentEventMember2026-05-080001826011us-gaap:CommonClassAMemberbnzi:May2025PrefundedWarrantsMemberbnzi:SharesIssuedForPrivatePlacementMember2025-05-310001826011bnzi:ThreeILPMemberbnzi:October3INoteDueOctoberOneTwoThousandTwentySixMember2025-12-110001826011us-gaap:CommonStockMemberbnzi:ThousandEightHundredDiagonalLendingLLCMember2026-01-012026-03-310001826011us-gaap:FairValueInputsLevel3Memberbnzi:CpBfConvertibleNotesMember2026-01-012026-03-310001826011bnzi:FebruaryWarrantMemberbnzi:PrivatePlacementWarrantsMember2026-02-132026-02-130001826011bnzi:January2025YorkvilleConvertibleNoteMemberbnzi:YorkvilleAdvisorsGlobalLPMembersrt:MaximumMember2025-01-300001826011us-gaap:CommonClassAMembersrt:MinimumMemberbnzi:February3INoteMember2026-03-250001826011bnzi:CpBfConvertibleNotesMember2026-01-012026-03-310001826011bnzi:CPBFLendingLLCMember2025-10-172025-12-310001826011bnzi:SeriesFEPreferredStockMember2024-12-310001826011us-gaap:CommonClassAMemberbnzi:December1800DiagonalNoteMember2025-07-222025-07-220001826011us-gaap:CommonClassAMemberus-gaap:SubsequentEventMemberbnzi:NovemberAndSeptember1800DiagonalNoteMember2026-05-110001826011us-gaap:RetainedEarningsMember2024-12-310001826011bnzi:VidelloLimitedMember2025-03-310001826011bnzi:VeristaPartnersIncMemberbnzi:RepaymentAgreementMember2024-08-262024-08-260001826011bnzi:GEMWarrantSharesMember2025-01-012025-03-310001826011bnzi:HudsonGlobalVenturesLLCMember2025-01-030001826011bnzi:VidelloMember2025-01-012025-12-310001826011us-gaap:RelatedPartyMember2025-01-012025-03-310001826011srt:MinimumMemberus-gaap:CustomerRelationshipsMember2026-01-012026-03-310001826011bnzi:VidelloLimitedMember2025-01-012025-12-310001826011us-gaap:CommonClassAMemberbnzi:CPBFLendingLLCMember2024-10-310001826011bnzi:PrivatePlacementNotesMemberbnzi:February3INoteMember2026-02-130001826011bnzi:CPBFLendingLLCMember2024-09-242024-09-240001826011us-gaap:CommonClassAMembersrt:MinimumMemberbnzi:MarchAgileNoteMember2026-03-270001826011bnzi:VentureIssuanceAndPayoffMemberus-gaap:SubsequentEventMember2026-04-080001826011us-gaap:RestrictedStockUnitsRSUMemberus-gaap:CommonStockMember2026-01-012026-03-310001826011bnzi:PrivatePlacementWarrantsMemberbnzi:OctoberWarrantMember2025-10-082025-10-080001826011bnzi:June3INoteMemberbnzi:PrivatePlacementNotesMember2025-06-300001826011us-gaap:TradeNamesMember2026-03-310001826011bnzi:AugustOctoberAndFebruary3INoteMemberbnzi:ThreeILPMemberus-gaap:CommonClassAMemberus-gaap:SubsequentEventMember2026-04-020001826011us-gaap:CommonStockMember2026-01-012026-03-310001826011bnzi:BootCapitalMember2026-01-012026-03-310001826011us-gaap:CommonClassAMembersrt:MinimumMemberbnzi:October3INoteDueOctoberOneTwoThousandTwentySixMember2026-02-190001826011us-gaap:RetainedEarningsMember2025-01-012025-03-310001826011us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MaximumMember2026-03-310001826011bnzi:VidelloLimitedMember2026-01-012026-03-310001826011us-gaap:SubsequentEventMemberbnzi:May1800DiagonalNoteMember2026-05-040001826011bnzi:SeptemberAgileNoteMember2024-12-122024-12-120001826011bnzi:SubordinatedSecuredPromissoryNoteMember2024-09-130001826011bnzi:FloorPriceReductionAgreementMember2026-01-012026-03-310001826011bnzi:TermNoteMemberbnzi:CPBFLendingLLCMember2021-01-012021-12-310001826011us-gaap:RelatedPartyMember2026-01-012026-03-310001826011us-gaap:TechnologyBasedIntangibleAssetsMembersrt:MinimumMember2026-01-012026-03-310001826011bnzi:BanzaiOperatingMember2025-12-310001826011us-gaap:CommonClassAMembersrt:MaximumMemberbnzi:April1800DiagonalNoteMember2025-10-270001826011bnzi:VidelloMembersrt:MaximumMemberbnzi:DevelopedTechnologyMember2025-01-312025-01-310001826011srt:MinimumMemberbnzi:RepaymentAgreementMemberbnzi:SidleyAustinLlpMember2024-09-190001826011us-gaap:RetainedEarningsMember2026-01-012026-03-310001826011bnzi:OpenReelMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:February3INoteMember2026-03-022026-03-250001826011us-gaap:PreferredStockMember2026-03-310001826011bnzi:CEOAwardMembersrt:MaximumMember2025-11-012025-11-300001826011bnzi:ThousandEightHundredDiagonalLendingLLCMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:August3INoteMember2026-01-072026-02-100001826011us-gaap:CommonClassAMemberbnzi:September1800DiagonalNoteMember2025-07-232025-07-230001826011bnzi:SubordinatedSecuredPromissoryNoteMember2024-12-122024-12-120001826011us-gaap:SalesRevenueNetMemberus-gaap:ProductConcentrationRiskMemberbnzi:VidelloLimitedMember2026-01-012026-03-310001826011us-gaap:SalesRevenueNetMemberus-gaap:ProductConcentrationRiskMember2026-01-012026-03-310001826011us-gaap:CommonClassAMembersrt:MinimumMemberbnzi:CPBFLendingLLCMember2025-12-310001826011bnzi:CPBFSecuritiesPurchaseAgreementMember2024-09-232024-09-230001826011us-gaap:EmployeeStockOptionMember2025-01-012025-03-310001826011bnzi:PrivatePlacementNotesMember2026-01-012026-03-310001826011bnzi:BootCapitalMember2025-12-032025-12-030001826011bnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2023-12-142023-12-140001826011us-gaap:CommonClassAMemberbnzi:CPBFMember2025-01-072025-01-070001826011bnzi:PreFundedWarrantsMember2025-01-012025-03-310001826011bnzi:CommonWarrantSharesMember2025-01-012025-03-310001826011bnzi:YorkvillePromissoryNotesMemberbnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2023-12-142023-12-140001826011us-gaap:RestrictedStockUnitsRSUMemberus-gaap:CommonStockMember2025-01-012025-03-310001826011us-gaap:CommonClassAMemberbnzi:MarchAgileNoteMembersrt:MaximumMember2026-03-270001826011us-gaap:EMEAMember2025-01-012025-03-310001826011bnzi:TermNoteMemberbnzi:LoanAgreementWithCpbfLendingLlcMember2024-01-012024-12-310001826011bnzi:CPBFLendingLLCMember2026-01-012026-03-310001826011bnzi:FloorPriceReductionAgreementMember2024-09-200001826011bnzi:BanzaiOperatingMember2026-01-012026-03-310001826011bnzi:SubordinatedSecuredPromissoryNoteMemberbnzi:MarchTwoThousandTwentySixAgileNoteMember2026-03-300001826011bnzi:PrivatePlacementWarrantsMemberbnzi:JuneWarrantMember2025-06-300001826011bnzi:May2025PrefundedWarrantsMemberbnzi:SharesIssuedForPrivatePlacementMember2025-05-310001826011bnzi:VidelloLimitedMember2025-01-312025-01-310001826011us-gaap:RelatedPartyMemberus-gaap:OperatingSegmentsMember2025-01-012025-03-310001826011bnzi:PublicWarrantsMemberbnzi:RedemptionOfWarrantsWhenPricePerShareOfClassCommonStockEqualsOrExceeds1800Member2026-01-012026-03-3100018260112026-03-310001826011bnzi:PublicWarrantSharesMember2025-01-012025-03-310001826011bnzi:SubordinatedSecuredPromissoryNoteMember2024-12-120001826011us-gaap:RestrictedStockUnitsRSUMember2026-03-310001826011bnzi:SideLetterToTheLoanAgreementMemberbnzi:CPBFLendingLLCMemberbnzi:TwentyTwentyFourCPBFConvertibleNoteMember2026-01-012026-03-310001826011us-gaap:CommonStockMemberbnzi:AgileMember2026-01-012026-03-310001826011us-gaap:TechnologyBasedIntangibleAssetsMember2026-03-310001826011bnzi:SubordinatedSecuredPromissoryNoteMemberbnzi:JuneAgileNoteMember2025-06-122025-06-120001826011bnzi:DecemberAgileNoteMember2024-12-122024-12-120001826011bnzi:VentureIssuanceAndPayoffMemberus-gaap:SubsequentEventMember2026-04-082026-04-080001826011bnzi:OpenReelMember2026-01-012026-03-310001826011bnzi:ATMAgreementMemberbnzi:SharesIssuedForPrivatePlacementMember2025-05-012025-05-310001826011bnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-01-300001826011us-gaap:SalesRevenueNetMemberus-gaap:ProductConcentrationRiskMemberbnzi:OpenReelMember2026-01-012026-03-310001826011us-gaap:FairValueInputsLevel3Member2025-12-310001826011bnzi:VidelloLimitedMember2025-09-300001826011bnzi:TermNoteMemberbnzi:CPBFLendingLLCMember2021-12-310001826011us-gaap:EmployeeStockOptionMember2026-01-012026-03-310001826011us-gaap:FairValueInputsLevel3Memberus-gaap:ConvertibleDebtMember2026-01-012026-03-310001826011bnzi:YorkvilleMember2026-01-012026-03-310001826011bnzi:PrivatePlacementOffering3ILPMember2026-01-012026-03-310001826011us-gaap:FairValueInputsLevel3Memberus-gaap:ConvertibleDebtMember2026-03-310001826011bnzi:PublicWarrantsMember2026-01-012026-03-310001826011bnzi:TwentyTwentyFourCPBFConvertibleNoteMember2025-12-310001826011bnzi:CPBFLetterAgreementMember2025-10-142025-10-140001826011bnzi:CommonWarrantSharesMember2026-01-012026-03-310001826011bnzi:November1800DiagonalNoteMember2025-11-042025-11-040001826011srt:MinimumMemberbnzi:January2025YorkvilleConvertibleNoteMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-01-300001826011us-gaap:CommonClassAMemberbnzi:GemAgreementMember2025-03-310001826011us-gaap:CommonStockMemberbnzi:YorkvilleMember2025-01-012025-03-310001826011bnzi:SubordinatedSecuredPromissoryNoteMember2024-09-132024-09-1300018260112024-02-050001826011bnzi:TwentyTwentyFourCPBFConvertibleNoteMember2025-12-310001826011bnzi:TermNoteMemberbnzi:CPBFLendingLLCMember2024-12-310001826011us-gaap:CommonClassAMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-10-080001826011us-gaap:CommonClassAMemberbnzi:AmendedDebtRepaymentAgreementMember2024-05-312024-05-310001826011us-gaap:SalesRevenueNetMemberus-gaap:ProductConcentrationRiskMemberbnzi:DemioMember2025-01-012025-03-310001826011us-gaap:CommonClassAMember2026-05-140001826011us-gaap:RestrictedStockUnitsRSUMemberbnzi:FirstAnniversaryVestingMember2026-01-012026-03-310001826011us-gaap:OperatingSegmentsMemberbnzi:VidelloLimitedMember2026-01-012026-03-310001826011us-gaap:FairValueInputsLevel1Memberbnzi:PublicWarrantsLiabilityMember2026-01-012026-03-310001826011bnzi:October3INoteMemberbnzi:PrivatePlacementNotesMember2025-10-080001826011bnzi:CPBFLetterAgreementMember2026-01-012026-03-310001826011bnzi:CPBFLendingLLCMemberbnzi:TwentyTwentyFourCPBFConvertibleNoteMember2026-03-310001826011bnzi:AchievingMarketCapitalizationThresholdMemberus-gaap:SubsequentEventMemberus-gaap:CommonClassBMember2026-04-022026-04-020001826011bnzi:OriginalDebtRepaymentAgreementMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMember2023-12-142023-12-140001826011bnzi:ThreeILPMemberbnzi:February3INoteMember2026-03-250001826011bnzi:ATMAgreementMemberbnzi:SharesIssuedForPrivatePlacementMember2025-05-310001826011us-gaap:FairValueInputsLevel1Memberbnzi:PublicWarrantsLiabilityMember2026-03-310001826011bnzi:CPBFLetterAgreementMemberus-gaap:CommonClassAMember2025-10-140001826011us-gaap:CommonClassAMemberbnzi:September1800DiagonalNoteMember2025-07-230001826011bnzi:CPBFLetterAgreementMemberus-gaap:CommonClassAMemberus-gaap:SubsequentEventMember2026-05-140001826011bnzi:ATMAgreementMemberus-gaap:CommonClassAMemberbnzi:SharesIssuedForPrivatePlacementMember2025-05-310001826011bnzi:PlacementAgentWarrantSharesMember2025-01-012025-03-310001826011bnzi:PrivatePlacementNotesMemberbnzi:February3INoteMember2026-02-132026-02-130001826011us-gaap:CommonClassAMemberbnzi:MarchAgileNoteMember2026-03-272026-03-270001826011us-gaap:RestrictedStockUnitsRSUMemberbnzi:QuarterlyVestingMember2026-01-012026-03-310001826011bnzi:VidelloLimitedMember2026-01-012026-03-310001826011us-gaap:FairValueInputsLevel3Member2026-03-310001826011us-gaap:CommonClassAMemberbnzi:HudsonGlobalVenturesLLCMember2025-04-250001826011bnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMembersrt:MaximumMember2023-12-140001826011bnzi:AugustOctoberAndFebruary3INoteMemberbnzi:ThreeILPMemberus-gaap:CommonClassAMemberus-gaap:SubsequentEventMember2026-05-120001826011bnzi:CPBFLendingLLCMemberus-gaap:ConvertibleDebtMember2021-01-012021-12-310001826011bnzi:VidelloMemberus-gaap:TradeNamesMember2025-01-310001826011us-gaap:CommonClassAMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMember2023-12-140001826011us-gaap:CommonClassAMemberbnzi:October3INoteDueOctoberOneTwoThousandTwentySixMembersrt:MaximumMember2026-02-190001826011us-gaap:CommonClassAMemberbnzi:October3INoteDueOctoberOneTwoThousandTwentySixMember2026-01-082026-02-190001826011us-gaap:CommonClassAMemberbnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2024-01-012024-12-310001826011us-gaap:RevenueFromContractWithCustomerMemberbnzi:CustomerMembersrt:AsiaPacificMemberus-gaap:GeographicConcentrationRiskMember2025-01-012025-03-310001826011bnzi:AugustWarrantMemberbnzi:PrivatePlacementWarrantsMember2025-08-192025-08-190001826011bnzi:July1800DiagonalNoteMember2025-07-232025-07-230001826011bnzi:FebruaryWarrantMemberbnzi:PrivatePlacementWarrantsMember2026-02-130001826011us-gaap:CommonClassBMember2025-12-310001826011bnzi:AgileTermNotesMember2025-12-310001826011bnzi:August1800DiagonalNoteMember2024-08-162024-08-160001826011srt:AmericasMemberus-gaap:RevenueFromContractWithCustomerMemberbnzi:CustomerMemberus-gaap:GeographicConcentrationRiskMember2026-01-012026-03-310001826011bnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-03-310001826011bnzi:Asc47060Memberbnzi:RepaymentAgreementMemberbnzi:SidleyAustinLlpMember2024-09-132024-09-130001826011bnzi:April1800DiagonalNoteMember2025-10-212025-10-270001826011us-gaap:CommonClassAMembersrt:MinimumMemberbnzi:April1800DiagonalNoteMember2025-10-270001826011us-gaap:RelatedPartyMember2025-12-310001826011us-gaap:CustomerRelationshipsMembersrt:MaximumMember2026-01-012026-03-310001826011bnzi:YorkvilleAdvisorsGlobalLPMemberbnzi:January2025YorkvilleConvertibleNoteMember2025-01-302025-01-300001826011us-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:MeasurementInputExpectedTermMember2026-03-310001826011us-gaap:CommonClassAMemberbnzi:OptionOneAdvanceMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:August3INoteMember2025-09-102025-10-140001826011bnzi:ThreeILPMemberus-gaap:AdditionalPaidInCapitalMember2026-01-012026-03-310001826011bnzi:YorkvilleMember2025-01-012025-03-310001826011us-gaap:AdditionalPaidInCapitalMember2025-01-012025-03-310001826011bnzi:VidelloLimitedMember2025-01-012025-03-310001826011srt:AmericasMemberus-gaap:RevenueFromContractWithCustomerMemberbnzi:CustomerMemberus-gaap:GeographicConcentrationRiskMember2025-01-012025-03-310001826011bnzi:August1800DiagonalNoteMember2024-08-160001826011bnzi:AugustOctoberAndFebruary3INoteMemberbnzi:ThreeILPMemberus-gaap:CommonClassAMemberus-gaap:SubsequentEventMember2026-04-022026-05-120001826011bnzi:GemWarrantsLiabilityMember2026-01-012026-03-310001826011us-gaap:CommonClassAMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMemberbnzi:OptionTwoAdvanceMember2026-03-310001826011us-gaap:SubsequentEventMemberbnzi:TVTCapitalIssuanceMember2026-04-282026-04-280001826011bnzi:July1800DiagonalNoteMember2025-07-230001826011bnzi:SubordinatedSecuredPromissoryNoteMemberbnzi:MarchAgileNoteMember2025-12-110001826011bnzi:VidelloLimitedMember2025-01-012025-03-310001826011bnzi:VidelloMemberus-gaap:TradeNamesMember2025-01-312025-01-310001826011us-gaap:FairValueInputsLevel3Memberbnzi:CpBfConvertibleNotesMember2026-03-310001826011bnzi:CPBFLendingLLCMember2024-10-012024-10-310001826011bnzi:ATMAgreementMemberus-gaap:CommonClassAMember2025-12-052025-12-050001826011bnzi:VidelloMember2025-01-012025-03-310001826011bnzi:AmendedDebtRepaymentAgreementMember2024-05-222024-05-220001826011us-gaap:RestrictedStockUnitsRSUMember2025-01-012025-03-310001826011bnzi:PlacementAgentWarrantSharesMember2026-01-012026-03-310001826011bnzi:July1800DiagonalNoteMemberus-gaap:CommonClassAMember2026-01-262026-01-270001826011us-gaap:GeneralAndAdministrativeExpenseMember2026-01-012026-03-310001826011bnzi:CPBFLetterAgreementMemberus-gaap:CommonClassAMember2025-10-142025-10-140001826011us-gaap:CommonClassAMemberbnzi:CPBFMember2025-01-070001826011bnzi:YorkvilleMember2026-03-310001826011bnzi:PrivatePlacementOffering3ILPMember2026-03-310001826011bnzi:ThreeILPMemberbnzi:June3INoteMember2025-10-220001826011bnzi:YorkvillePromissoryNotesMemberbnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2023-12-140001826011us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MeasurementInputExpectedTermMember2026-03-310001826011us-gaap:CommonClassAMemberbnzi:MarchAgileNoteMember2025-12-152025-12-150001826011us-gaap:WarrantMember2026-01-012026-03-3100018260112025-12-310001826011bnzi:ATMAgreementMember2026-01-012026-03-310001826011bnzi:MarchAgileNoteMember2025-01-012025-03-310001826011bnzi:CpBfConvertibleNotesMember2026-03-310001826011bnzi:April1800DiagonalNoteMember2025-04-170001826011bnzi:SubordinatedSecuredPromissoryNoteMemberbnzi:MarchAgileNoteMember2025-03-312025-03-310001826011us-gaap:FairValueInputsLevel3Memberbnzi:GemWarrantsLiabilityMember2026-03-310001826011us-gaap:CommonClassAMemberbnzi:August3INoteMember2026-02-100001826011bnzi:OpenReelMember2026-03-310001826011bnzi:StandbyEquityPurchaseAgreementMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-01-302025-01-300001826011us-gaap:RelatedPartyMemberus-gaap:OperatingSegmentsMember2026-01-012026-03-310001826011bnzi:CPBFLetterAgreementMembersrt:MinimumMember2025-10-142025-10-140001826011bnzi:CPBFLendingLLCMemberbnzi:TwentyTwentyFourCPBFConvertibleNoteMember2024-09-242024-09-240001826011us-gaap:CommonClassAMemberbnzi:YorkvilleAdvisorsGlobalLPMember2025-10-062025-10-060001826011bnzi:PrivatePlacementOffering3ILPMember2025-01-012025-09-300001826011us-gaap:CommonClassAMemberbnzi:CPBFLendingLLCMember2025-10-172025-12-310001826011us-gaap:ConvertibleDebtMemberbnzi:LoanAgreementWithCpbfLendingLlcMember2024-01-012024-12-310001826011us-gaap:SubsequentEventMemberbnzi:BonusPaymentMemberus-gaap:CommonClassBMember2026-04-022026-04-020001826011bnzi:July1800DiagonalNoteMember2026-03-192026-03-190001826011us-gaap:AdditionalPaidInCapitalMember2025-12-310001826011bnzi:July1800DiagonalNoteMemberus-gaap:CommonClassAMembersrt:MaximumMember2026-01-270001826011us-gaap:CustomerRelationshipsMember2026-03-310001826011us-gaap:SubsequentEventMemberbnzi:May1800DiagonalNoteMember2026-05-042026-05-040001826011bnzi:March1800DiagonalNoteMember2026-03-170001826011us-gaap:CommonClassAMemberbnzi:CPBFLendingLLCMember2024-09-052024-09-050001826011bnzi:ThreeILPMemberbnzi:August3INoteMember2026-02-100001826011bnzi:CPBFLendingLLCMemberbnzi:TwentyTwentyFourCPBFConvertibleNoteMember2024-09-240001826011us-gaap:RestrictedStockUnitsRSUMember2025-03-310001826011bnzi:AgileTermNotesMember2026-03-310001826011bnzi:DonnelleyFinancialLlcMemberbnzi:RepaymentAgreementMember2024-09-132024-09-130001826011us-gaap:OperatingSegmentsMember2025-01-012025-03-310001826011us-gaap:CommonClassAMemberbnzi:YorkvilleStandbyEquityPurchaseAgreementMember2024-03-012024-03-310001826011srt:AsiaPacificMember2026-01-012026-03-3100018260112025-01-012025-03-31bnzi:ConvertibleNotebnzi:Installmentxbrli:purebnzi:Customerxbrli:sharesbnzi:NewConsolidatedConvertibleNoteiso4217:USDxbrli:sharesbnzi:Segmentiso4217:USDbnzi:TradingDaybnzi:TermNote\n\n \n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n \n\nFORM 10-Q\n\n \n\n \n\n☒  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the quarterly period ended March 31, 2026\n\nor\n\n☐  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from _________ to _________\n\nCommission File Number: 001-39826\n\n \n\nBanzai International, Inc.\n\n(Exact name of Registrant as specified in its Charter)\n\n \n\nDelaware\n\n85-3118980\n\n(State or other jurisdiction of\n\nincorporation or organization)\n\n(I.R.S. Employer\n\nIdentification No.)\n\n435 Ericksen Ave, Suite 250\n\nBainbridge Island, Washington\n\n98110\n\n(Address of principal executive offices)\n\n(Zip Code)\n\n(206) 414-1777\n\n(Registrant's telephone number, including area code)\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\nTitle of each class\n\n \n\nTrading\n\nSymbol(s)\n\n \n\nName of each exchange on which registered\n\nClass A common stock, par value $0.0001 per share\n\n \n\nBNZI\n\n \n\nThe Nasdaq Capital Market\n\nRedeemable Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $115,000\n\n \n\nBNZIW\n\n \n\nThe Nasdaq Capital Market\n\n \n\nIndicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐\n\nIndicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files). Yes ☒ No ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer\n\n☐\n\nAccelerated filer\n\n☐\n\n \n\n \n\n \n\n \n\nNon-accelerated filer\n\n☒\n\nSmaller reporting company\n\n☒\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nEmerging growth company\n\n \n\n☐\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒\n\nThe number of shares outstanding of each of the registrant's classes of common stock, $0.0001 par value per share, as of May 14, 2026:\n\nClass A Common Stock - 1,422,526 shares\n\nClass B Common Stock - 33,856 shares\n\n \n\n \n\n \n\n \n\nTable of Contents\n\n \n\n \n\n \n\nPage\n\n \n\n \n\n \n\nPART I.\n\n[FINANCIAL INFORMATION](#part_i_financial_information)\n\n3"}