Ion Video Ltd (ASX:IOV), formerly known as Linius Technologies Limited, plunged 16.00% on March 9, 2026 to trade at $0.210 AUD, extending a difficult period for the AI-driven video technology company. With a market capitalization of just $23.22 million AUD, the decline underscores ongoing investor concerns about the company’s revenue generation capabilities and path to profitability.

The company, which rebranded from Linius Technologies in November 2025, has been undergoing a strategic transformation from bespoke software projects to a pure intellectual property licensing model targeting AI foundation models and hyperscaler companies. However, the market has responded negatively to recent…