$0.95

+0.01 (+1.17%)

Weekly Expected Move ±13.6%

$1 $1 $1 $1 $1

NASDAQ · Industrials · Marine Shipping · Tech Score Neutral · Power 48 · $377891 mcap · 397581 float · 59.42% daily turnover · Short 18% of daily vol

Credit Risk of going bust: not rated, debt is over 20 times the stock's value Debt: 98.9% of company value Bonds: none of note held by US funds details ▾

Not rated: debt is over 20 times the stock market value, where the model breaks down (deep distress or a data error). Altman Z'' 1.15.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions Dark Pool Short Interest

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$11M +112.0% ▲

Gross Profit

$3M +72.9% ▲

Operating Income

$180K +5.9% ▲

Net Income

-$4M -1898.6% ▼

EPS (Diluted)

$-5.83 -3329.4% ▼

EBITDA

$3M +63.5% ▲

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$6M	$7M	$4M	$5M	$11M
YoY Growth	+0.0%	+21.5%	-38.2%	+18.6%	+112.0%
Cost of Revenue	$851K	$1M	$1M	$4M	$9M
Gross Profit	$5M	$6M	$3M	$1M	$3M
Gross Margin	85.7%	81.9%	73.2%	27.6%	22.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$11K	$12K	$18K	$345K	$1M
Operating Expenses	$2M	$2M	$2M	$1M	$2M
Operating Income	$3M	$4M	$1M	$170K	$180K
Operating Margin	55.5%	58.3%	24.7%	3.2%	1.6%
Interest Expense	$2K	$3K	$3K	$452K	$4M
Income Before Tax	$3M	$4M	$1M	-$210K	-$4M
Tax Expense	$0	$0	$0	$0	$0
Net Income	$3M	$4M	$1M	-$210K	-$4M
Net Margin	55.6%	58.6%	25.8%	-4.0%	-37.3%
EPS (Diluted)	$2.70	$3.45	$0.94	$-0.17	$-5.83
EBITDA	$4M	$5M	$2M	$2M	$3M
Shares Outstanding	1M	1M	1M	1M	1M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$863K	$2M	$2M	$2M	$4M	$4M	$4M	$4M
Cost of Revenue	$1M	$2M	$2M	$2M	$2M	$3M	$2M	$2M
Gross Profit	-$216K	$116K	-$50K	$110K	$2M	$716K	$1M	$2M
Gross Margin	-25.0%	6.7%	-3.3%	5.4%	42.2%	20.3%	32.9%	41.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$99K	$234K	$490K	$197K	$153K	$243K	$709K	$1M
Operating Expenses	$179K	$513K	$763K	$481K	$505K	$608K	$1M	$2M
Operating Income	-$395K	-$397K	-$813K	-$371K	$1M	$108K	$41K	-$148K
Operating Margin	-45.8%	-23.0%	-53.3%	-18.3%	30.1%	3.1%	1.1%	-3.5%
Interest Expense	$58K	$391K	$2M	$386K	$1M	$574K	$689K	$680K
Income Before Tax	-$425K	-$772K	-$3M	-$717K	$78K	-$581K	$417K	-$784K
Tax Expense	$0	$0	$0	$0	$0	$0	$0	$0
Net Income	-$425K	-$772K	-$3M	-$717K	$78K	-$581K	$417K	-$784K
Net Margin	-49.2%	-44.7%	-195.2%	-35.5%	1.9%	-16.4%	11.4%	-18.7%
EPS (Diluted)	$-0.71	$-0.63	$-2.42	$-1.10	$-0.63	$-1.17	$-0.33	$-0.58
EBITDA	-$367K	-$381K	-$622K	$408K	$2M	$1M	$2M	$982K
Shares Outstanding	1M	1M	1M	1M	1M	1M	2M	3M

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