BURU
Nuburu, Inc.
Company overview
- Market capitalization
- —
- Employees
- 5
- Latest publication
- 2026-09-29
About Nuburu, Inc.
Nuburu, Inc. develops and delivers high-power and high-brightness blue laser technology for welding and 3D printing applications in the United States. The company's blue laser systems are used in EV batteries, medical device production, large screen displays, and cell phone components. It also focuses on the development, integration, and deployment of dual-use, non-kinetic, and software-orchestrated solutions through its defense and security platform that address modern security and resilience challenges across military, governmental, and civilian domains. In addition, the company is involved in the design, development, and production of advanced laser sources, optics, electronics, and customized laser systems for industrial, medical, and high-reliability applications. It serves the military and government sectors, as well as the civilian sectors, including financial services, energy, transportation, agriculture and food systems, and other critical-infrastructure operator industries. Nuburu, Inc. was founded in 2015 and is headquartered in Denver, Colorado.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 524,927USD | 407,644USD | -108,688USD | 99,612USD | 0USD | 9,300USD | 9,300USD | 49,278USD |
| Gross Profit | -378,569USD | -245,116USD | -217,376USD | 49,806USD | 4,538USD | -235,717USD | -245,544USD | -359,950USD |
| Research Development | 227,480USD | 67,500USD | 10,004USD | 0USD | 0USD | 184,563USD | 165,466USD | 206,474USD |
| Selling General Administrative | 3,632,893USD | 5,614,686USD | 5,291,155USD | 1,883,497USD | 4,095,229USD | 2,078,805USD | 1,948,312USD | 1,941,085USD |
| Selling And Marketing Expenses | 1,582,358USD | 1,977,525USD | 2,810,863USD | 790,779USD | 526,996USD | 543,337USD | — | 113,445USD |
| General And Administrative Expenses | 3,632,893USD | — | — | — | — | — | — | — |
| Total Operating Expenses | 5,442,731USD | 7,659,711USD | 8,092,014USD | 2,674,276USD | 4,622,225USD | 2,806,705USD | 2,368,622USD | 2,261,004USD |
| Operating Income | -5,821,300USD | -7,904,827USD | -8,092,014USD | -2,624,470USD | -4,617,687USD | -3,042,422USD | -2,359,322USD | -2,620,954USD |
| Total Other Income Expense Net | 106,439USD | 7,444,929USD | -19,721,266USD | -19,797,126USD | -7,607,288USD | -13,569,003USD | -8,865,464USD | -1,756,568USD |
| Interest Income | 5,979USD | 37,600USD | 64,213USD | 48,090USD | 19,194USD | 7,385USD | 36USD | 721USD |
| Interest Expense | 3,093USD | 71,212USD | 82,544USD | 35,405USD | 160,952USD | 10,591,530USD | 525,369USD | 929,046USD |
| Income Before Tax | -5,714,861USD | -459,898USD | -27,813,280USD | -22,421,596USD | -12,224,975USD | -16,611,425USD | -11,750,191USD | -4,377,522USD |
| Income Tax Expense | 0USD | — | — | — | — | — | — | — |
| Net Income | -5,714,861USD | -459,898USD | -27,813,280USD | -22,421,596USD | -12,224,975USD | -16,611,425USD | -11,750,191USD | -4,377,522USD |
| Net Income Applicable To Common Shares | -7,288,173USD | — | — | — | — | — | — | — |
| Cost Of Revenue | — | 652,760USD | 108,688USD | 49,806USD | -4,538USD | 235,717USD | 254,844USD | 359,950USD |
| Net Interest Income | — | -11,694,886USD | -146,757USD | 12,685USD | -141,758USD | -10,584,145USD | -525,405USD | -928,325USD |
| Net Income From Continuing Ops | — | -459,898USD | -27,813,280USD | -22,421,596USD | -12,224,975USD | -14,020,050USD | -11,750,191USD | -4,377,522USD |
| Ebit | — | -388,686USD | 19,502,141USD | — | — | -3,428,520USD | — | -3,448,476USD |
| Ebitda | — | -276,511USD | -27,730,736USD | -22,386,191USD | -12,064,023USD | -2,982,071USD | — | -3,241,758USD |
| Depreciation And Amortization | — | 112,175USD | -446,449USD | — | — | 446,449USD | — | 206,718USD |
| Reconciled Depreciation | — | 112,175USD | 0USD | 0USD | 0USD | 446,449USD | 194,273USD | 206,718USD |
| Tax Provision | — | — | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD |
| Source | DisclosureDeterministicAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD |
|---|---|---|---|---|---|---|
| Total Revenue | 0USD | 152,127USD | 2,085,532USD | 1,440,428USD | 376,665USD | 692,459USD |
| Cost Of Revenue | 181,373USD | 2,205,476USD | 5,695,433USD | 4,859,599USD | 1,766,269USD | 2,774,519USD |
| Gross Profit | -181,373USD | -2,053,349USD | -3,609,901USD | -3,419,171USD | -1,389,604USD | -2,082,060USD |
| Research Development | 174,559USD | 1,821,816USD | 5,462,680USD | 4,546,057USD | 2,463,307USD | 3,103,539USD |
| Selling General Administrative | 13,348,686USD | 8,807,651USD | 11,223,449USD | 5,324,417USD | 3,884,677USD | 3,550,636USD |
| Selling And Marketing Expenses | 4,671,975USD | 468,074USD | 1,539,690USD | 708,144USD | 1,647,552USD | 1,308,783USD |
| Total Operating Expenses | 18,195,220USD | 11,097,541USD | 18,225,819USD | 10,578,618USD | 7,995,536USD | 7,962,958USD |
| Operating Income | -18,376,593USD | -13,150,890USD | -21,835,720USD | -13,997,789USD | -9,385,140USD | -10,045,018USD |
| Interest Income | 10,456USD | 17,166USD | 1,646,137USD | 43,976USD | 1,165USD | 12,763USD |
| Interest Expense | 10,870,431USD | 3,346,896USD | 754,549USD | 175,288USD | 2,214USD | 1,652,959USD |
| Net Interest Income | -10,859,975USD | -3,329,730USD | 1,528,478USD | -131,312USD | 1,165USD | -1,640,196USD |
| Income Before Tax | -79,071,276USD | -34,515,754USD | -20,706,384USD | -14,129,101USD | -9,383,975USD | -11,024,537USD |
| Tax Provision | 0USD | 0USD | 358,204USD | 358,204USD | 0USD | — |
| Net Income | -79,071,276USD | -34,515,754USD | -20,706,384USD | -14,129,101USD | -9,383,975USD | -11,024,537USD |
| Net Income From Continuing Ops | -79,071,276USD | -34,515,754USD | 5,288,443USD | -14,129,101USD | -9,383,975USD | -11,024,537USD |
| Ebit | -68,200,845USD | -31,168,858USD | -19,951,835USD | -13,953,813USD | -9,385,140USD | -9,371,578USD |
| Ebitda | -67,754,396USD | -30,378,329USD | -19,445,937USD | -13,503,308USD | -8,838,196USD | -8,893,076USD |
| Depreciation And Amortization | 446,449USD | 790,529USD | 505,898USD | 450,505USD | 546,944USD | 478,502USD |
| Reconciled Depreciation | 446,449USD | 790,529USD | 505,898USD | 450,505USD | 546,944USD | 478,502USD |
| Total Other Income Expense Net | -60,694,683USD | -21,364,864USD | 1,766,513USD | -131,312USD | 1,165USD | -979,519USD |
| Income Tax Expense | — | — | 2,521,062USD | 358,204USD | 1,165USD | 2,313,636USD |
| Net Income Applicable To Common Shares | — | — | — | -17,317,546USD | -12,240,023USD | -13,130,590USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 69,122,109USD | 76,148,310USD | 49,819,239USD | 13,151,263USD | 2,479,253USD | 1,311,473USD | 6,970,052USD | 7,812,288USD |
| Cash And Equivalents | 726,934USD | — | — | — | — | — | — | — |
| Total Current Assets | 31,956,562USD | 35,693,910USD | 45,784,559USD | 11,139,563USD | 1,130,653USD | 1,051,473USD | 1,898,553USD | 2,340,206USD |
| Other Current Assets | 4,244,130USD | 2,350,584USD | 15,221,232USD | 4,322,880USD | 1,019,563USD | 980,536USD | 10,269USD | 527,061USD |
| Other Non Current Assets | 57,172USD | — | — | — | — | — | — | — |
| Total Liabilities | 58,063,789USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 51,264,475USD | 63,384,589USD | 61,402,511USD | 41,878,347USD | 43,912,752USD | 38,297,826USD | 20,788,893USD | 15,672,672USD |
| Other Current Liabilities | 7,762,650USD | — | — | — | — | — | — | — |
| Total Stockholder Equity | 10,130,320USD | 3,100,572USD | -15,182,173USD | -53,856,310USD | -44,749,722USD | -36,987,668USD | -37,836,506USD | -12,454,597USD |
| Total Equity Including Noncontrolling Interest | 11,058,320USD | — | — | — | — | — | — | — |
| Deferred Revenue | 437,043USD | — | — | — | — | — | — | — |
| Net Receivables | 395,003USD | 24,782,717USD | 233,498USD | — | — | — | 0USD | 54,600USD |
| Inventory | 245,494USD | 293,499USD | 5,668,545USD | 0USD | 0USD | 1,526,467USD | 1,526,467USD | 1,526,470USD |
| Property Plant Equipment Net | 15,256USD | 10,955USD | 0USD | 0USD | 0USD | 5,037,140USD | 5,037,140USD | 5,437,723USD |
| Goodwill | 19,262,851USD | — | — | — | — | — | — | — |
| Accounts Payable | 2,554,859USD | 2,644,691USD | 2,130,686USD | 3,889,781USD | 5,127,709USD | 6,206,910USD | 6,301,310USD | 5,962,062USD |
| Short Term Debt | 30,785,850USD | 39,673,346USD | 25,874,146USD | 32,743,913USD | 32,997,891USD | 3,775,288USD | — | 4,560,595USD |
| Common Stock | 601USD | 15,459USD | 9,282USD | 24,740USD | 10,912USD | 8,767USD | — | 569USD |
| Retained Earnings | -206,654,590USD | -200,939,729USD | -200,479,831USD | -172,666,551USD | -150,244,955USD | -135,428,605USD | -131,806,605USD | -120,052,352USD |
| Accumulated Other Comprehensive Income | 62,168USD | 27,327USD | — | — | — | — | — | — |
| Intangible Assets | — | 2,799,968USD | — | — | — | — | — | — |
| Total Liab | — | 73,047,738USD | 65,001,412USD | 67,007,572USD | 47,228,975USD | 38,299,141USD | 44,806,558USD | 20,266,885USD |
| Other Current Liab | — | 21,066,552USD | 33,397,679USD | 5,220,653USD | 5,763,151USD | 28,022,481USD | 37,900USD | 4,953,173USD |
| Capital Stock | — | 15,459USD | 9,282USD | 24,740USD | 10,912USD | 8,767USD | 406USD | 569USD |
| Good Will | — | 19,262,851USD | — | — | — | — | — | — |
| Cash | — | 8,267,110USD | 24,661,284USD | 6,816,683USD | 111,090USD | 70,937USD | 209,337USD | 232,075USD |
| Cash And Short Term Investments | — | 8,267,110USD | 24,661,284USD | 6,816,683USD | 111,090USD | 70,937USD | — | 232,075USD |
| Net Debt | — | 31,406,236USD | 1,212,862USD | 25,927,230USD | 32,886,801USD | 3,704,351USD | 9,032,846USD | 8,840,400USD |
| Short Long Term Debt | — | 39,673,346USD | 25,874,146USD | 10,854,863USD | 11,108,841USD | 3,655,568USD | 9,242,183USD | 4,232,041USD |
| Short Long Term Debt Total | — | 39,673,346USD | 25,874,146USD | 32,743,913USD | 32,997,891USD | 3,775,288USD | — | 9,072,475USD |
| Long Term Investments | — | 12,664,441USD | 949,806USD | — | — | — | 0USD | — |
| Property Plant Equipment Gross | — | 12,557USD | 0USD | 0USD | 0USD | 8,504,823USD | 8,707,234USD | 8,913,544USD |
| Common Stock Shares Outstanding | — | 118,226,181shares | 31,912,339shares | 21,992,253shares | 13,914,770shares | 5,837,286shares | 4,062,973shares | 5,886,870shares |
| Non Current Assets Total | — | 40,454,400USD | 4,034,680USD | 2,011,699USD | 1,348,600USD | 260,000USD | 5,071,499USD | 5,472,082USD |
| Non Current Liabilities Total | — | 9,663,149USD | 3,598,901USD | 25,129,225USD | 3,316,223USD | 1,315USD | 24,017,665USD | 4,594,213USD |
| Non Current Liabilities Other | — | 877,958USD | — | 3,467,142USD | 3,297,922USD | — | — | — |
| Non Currrent Assets Other | — | 5,716,185USD | 3,084,874USD | 2,011,700USD | 600,000USD | 260,000USD | 34,359USD | 34,359USD |
| Net Working Capital | — | -27,690,679USD | -15,617,952USD | -30,738,784USD | -42,182,099USD | -37,246,353USD | -18,890,340USD | -13,332,466USD |
| Unclassified Current Liabilities | — | -39,673,346USD | -25,874,146USD | -10,854,863USD | -11,108,840USD | -3,386,421USD | 5,207,500USD | -4,035,199USD |
| Unclassified Non Current Liabilities | — | 8,785,191USD | 3,598,901USD | 21,662,083USD | — | — | 24,017,665USD | — |
| Unclassified Equity | — | 203,982,056USD | 185,279,094USD | 118,760,761USD | 105,473,409USD | 98,423,403USD | 93,969,693USD | 107,596,617USD |
| Current Deferred Revenue | — | — | — | 24,000USD | 24,000USD | 24,000USD | — | — |
| Unclassified Current Assets | — | — | — | — | — | -1,526,467USD | — | — |
| Unclassified Non Current Assets | — | — | — | — | — | -5,037,140USD | — | — |
| Long Term Debt | — | — | — | — | — | — | — | 4,511,880USD |
| Source | DisclosureDeterministicAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD |
|---|---|---|---|---|---|---|
| Total Assets | 49,819,239USD | 6,970,052USD | 10,565,008USD | 13,122,172USD | 335,032,555USD | 13,691,586USD |
| Other Current Assets | 15,221,232USD | 162,749USD | 260USD | 4,305,252USD | -521,706USD | 24,260USD |
| Total Liab | 65,001,412USD | 20,917,508USD | 19,217,817USD | 30,352,508USD | 29,407,264USD | 811,673USD |
| Total Stockholder Equity | -15,182,173USD | -13,947,456USD | -8,652,809USD | -17,230,336USD | 305,625,291USD | 12,879,913USD |
| Other Current Liab | 33,397,679USD | 4,751,065USD | 2,750,305USD | 2,203,602USD | -64,050USD | 423,232USD |
| Common Stock | 9,282USD | 2,028USD | 3,928USD | 5,117USD | 334,216,536USD | 994USD |
| Capital Stock | 9,282USD | 2,028USD | 3,928USD | 5,117USD | 5,035USD | 4,917USD |
| Retained Earnings | -200,479,831USD | -131,806,605USD | -81,898,692USD | -76,580,405USD | -28,591,245USD | -37,679,232USD |
| Cash | 24,661,284USD | 209,337USD | 2,148,700USD | 2,880,254USD | 479,694USD | 8,394,553USD |
| Cash And Short Term Investments | 24,661,284USD | 209,337USD | 2,148,700USD | 2,880,254USD | 479,694USD | 8,394,553USD |
| Total Current Assets | 45,784,559USD | 1,898,553USD | 4,293,509USD | 8,485,401USD | 591,361USD | 9,213,487USD |
| Total Current Liabilities | 61,402,511USD | 20,788,893USD | 10,028,688USD | 29,978,601USD | 3,976,106USD | 704,343USD |
| Net Debt | 1,212,862USD | 9,270,215USD | 7,305,287USD | 21,124,799USD | -479,694USD | -8,394,553USD |
| Short Term Debt | 25,874,146USD | 9,479,552USD | 2,503,377USD | 23,031,146USD | — | — |
| Short Long Term Debt | 25,874,146USD | 9,242,183USD | 2,147,992USD | 7,300,000USD | — | — |
| Short Long Term Debt Total | 25,874,146USD | 9,479,552USD | 9,453,987USD | 24,005,053USD | — | — |
| Long Term Investments | 949,806USD | 0USD | — | — | — | — |
| Net Receivables | 233,498USD | 482,279USD | 482,279USD | 327,200USD | 223,275USD | 53,000USD |
| Inventory | 5,668,545USD | 1,526,467USD | 1,456,275USD | 972,695USD | 410,098USD | 741,674USD |
| Accounts Payable | 2,130,686USD | 6,301,310USD | 4,744,606USD | 4,456,587USD | 3,867,106USD | 245,335USD |
| Property Plant Equipment Net | 0USD | 5,037,140USD | 6,237,140USD | 4,602,412USD | 3,980,280USD | 4,443,740USD |
| Property Plant Equipment Gross | 0USD | 8,707,234USD | 9,067,024USD | 4,602,412USD | 5,607,777USD | 5,668,731USD |
| Common Stock Shares Outstanding | 31,912,339shares | 5,837,286shares | 33,064,250shares | 3,274,920shares | 5,984,304shares | 5,957,088shares |
| Non Current Assets Total | 4,034,680USD | 5,071,499USD | 6,271,499USD | 4,636,771USD | 334,441,194USD | 4,478,099USD |
| Non Current Liabilities Total | 3,598,901USD | 128,615USD | 9,189,129USD | 373,907USD | 25,431,158USD | 107,330USD |
| Non Currrent Assets Other | 3,084,874USD | 34,359USD | 34,359USD | 34,359USD | 330,460,914USD | -334,286,772USD |
| Net Working Capital | -15,617,952USD | -18,890,340USD | -5,735,179USD | -6,105,103USD | 5,669,920USD | 8,509,144USD |
| Unclassified Current Liabilities | -25,874,146USD | -9,009,217USD | -2,147,992USD | -7,191,484USD | — | — |
| Unclassified Non Current Liabilities | 3,598,901USD | — | 2,475,888USD | -3,430,026USD | 11,601,066USD | — |
| Unclassified Equity | 185,279,094USD | 117,855,093USD | 73,238,027USD | 59,339,835USD | — | 50,553,234USD |
| Current Deferred Revenue | — | 24,000USD | 30,400USD | 178,750USD | 173,050USD | 35,776USD |
| Long Term Debt | — | — | 6,713,241USD | 600,000USD | — | — |
| Accumulated Other Comprehensive Income | — | — | 0USD | — | 0USD | — |
| Other Assets | — | — | — | 34,359USD | 34,359USD | 34,359USD |
| Non Current Liabilities Other | — | — | — | 3,203,933USD | 13,733,608USD | — |
| Net Tangible Assets | — | — | — | -1,846,279USD | 9,584,039USD | 12,875,990USD |
| Other Liab | — | — | — | — | 96,484USD | 107,330USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Depreciation | 246,043USD |
| Stock Based Compensation | 403,691USD |
| Other Non Cash Items | 0USD |
| Change To Account Receivables | 101,043USD |
| Change To Inventory | 1,535USD |
| Change To Liabilities | -1,773,795USD |
| Change In Working Capital | -782,748USD |
| Operating Cash Flow | -15,098,163USD |
| Capital Expenditures | -5,242USD |
| Other Investing Activities | -749,905USD |
| Unclassified Investing Cash Flow | -21,052,790USD |
| Investing Cash Flow | -21,807,937USD |
| Net Debt Issuance | -9,624,733USD |
| Unclassified Financing Cash Flow | 22,600,911USD |
| Financing Cash Flow | 12,976,178USD |
| Change In Cash | -23,934,350USD |
| End Cash Flow | 1,602,075USD |
| Source | DisclosureDeterministicAmendment |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -459,898USD | -64,837,699USD | -22,421,596USD | -12,224,975USD | -14,020,050USD | -11,750,191USD | -4,377,522USD | -12,687,388USD |
| Depreciation | 112,175USD | 0USD | 0USD | 0USD | 446,449USD | 194,273USD | 206,718USD | 132,643USD |
| Stock Based Compensation | 202,561USD | 1,295,376USD | 207,508USD | 297,482USD | 497,164USD | 353,803USD | 447,605USD | 450,572USD |
| Other Non Cash Items | -7,428,989USD | 55,601,092USD | 19,693,187USD | 7,673,007USD | 10,721,653USD | 300,697USD | 1,659,519USD | 9,475,147USD |
| Change To Account Receivables | 293,562USD | 0USD | 0USD | 0USD | 54,600USD | 54,600USD | 18,675USD | 59,347USD |
| Change To Inventory | -46,470USD | -5,668,545USD | 0USD | 0USD | 3USD | 3USD | -68USD | 15,113USD |
| Change In Working Capital | -1,531,798USD | -1,064,590USD | -577,076USD | 2,195,774USD | 426,992USD | 918,852USD | 886,068USD | 400,241USD |
| Total Cash From Operating Activities | -9,105,949USD | -9,005,821USD | -3,097,977USD | -2,058,712USD | -1,927,792USD | -1,117,102USD | -1,177,612USD | -2,228,785USD |
| Capital Expenditures | 0USD | 0USD | 599,997USD | 0USD | 0USD | 0USD | 0USD | -5USD |
| Free Cash Flow | -9,105,949USD | -9,005,820USD | -2,497,980USD | -2,058,712USD | -1,927,792USD | -1,117,102USD | -1,177,612USD | -2,228,785USD |
| Total Cashflows From Investing Activities | -19,366,330USD | -12,758,962USD | -2,707,394USD | -500,000USD | -750,000USD | — | — | -24,841USD |
| Net Borrowings | -1,712,314USD | 22,816,667USD | 106,999USD | 2,815,418USD | 1,559,392USD | 1,053,824USD | 743,000USD | — |
| Total Cash From Financing Activities | 12,082,288USD | 40,484,525USD | 12,510,964USD | 2,598,865USD | 2,539,392USD | 1,094,364USD | 1,292,499USD | 2,114,088USD |
| Issuance Of Capital Stock | 11,994,929USD | 0USD | 11,994,834USD | 0USD | 0USD | 0USD | 0USD | 0USD |
| Change In Cash | -16,394,174USD | 18,719,742USD | 6,705,593USD | 40,153USD | -138,400USD | -22,738USD | 114,887USD | -114,697USD |
| Begin Period Cash Flow | 25,536,425USD | 6,816,683USD | 111,090USD | 70,937USD | 209,337USD | 232,075USD | 117,188USD | 231,885USD |
| End Period Cash Flow | 9,142,251USD | 25,536,425USD | 6,816,683USD | 111,090USD | 70,937USD | 209,337USD | 232,075USD | 117,188USD |
| Other Cashflows From Investing Activities | -18,825,415USD | -12,758,962USD | -2,707,394USD | -500,000USD | -150,000USD | — | -798,109USD | — |
| Other Cashflows From Financing Activities | -1,137,116USD | -2,438,239USD | 217USD | -216,553USD | 980,936USD | — | 550,000USD | 574,222USD |
| Unclassified Financing Cash Flow | 2,936,789USD | 20,107,033USD | — | — | — | — | — | 1,542,174USD |
| Dividends Paid | — | -936USD | — | — | -936USD | — | — | — |
| Investments | — | — | -2,707,394USD | -500,000USD | -750,000USD | 0USD | 0USD | 0USD |
| Unclassified Investing Cash Flow | — | — | 2,107,397USD | — | — | — | — | — |
| Unclassified Operating Cash Flow | — | — | — | — | — | 8,865,464USD | — | — |
| Sale Purchase Of Stock | — | — | — | — | — | — | -501USD | -2,308USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD |
|---|---|---|---|---|---|---|
| Net Income | -79,071,276USD | -34,515,754USD | -20,706,384USD | -29,517,198USD | -9,383,975USD | -17,900,526USD |
| Depreciation | 446,449USD | 790,529USD | 505,898USD | 450,505USD | 546,944USD | 478,502USD |
| Stock Based Compensation | 1,792,540USD | 1,866,095USD | 2,490,409USD | 2,362,340USD | 441,367USD | 187,009USD |
| Other Non Cash Items | 59,760,885USD | 21,637,425USD | 522,560USD | 15,422,913USD | 815,829USD | 17,513,191USD |
| Change To Account Receivables | 0USD | 482,279USD | -155,079USD | -103,925USD | -170,275USD | -53,000USD |
| Change To Inventory | -5,668,545USD | 28,012USD | -1,613,781USD | -199,429USD | -234,503USD | -534,353USD |
| Change In Working Capital | 981,100USD | 3,604,764USD | 573,400USD | 1,053,710USD | -226,960USD | -67,523USD |
| Total Cash From Operating Activities | -16,090,302USD | -6,616,941USD | -17,540,163USD | -10,227,730USD | -7,806,795USD | -454,858USD |
| Capital Expenditures | 0USD | -1,167,751USD | -1,167,751USD | -536,038USD | -426,445USD | -866,244USD |
| Free Cash Flow | -16,090,302USD | -6,616,941USD | -18,707,914USD | -10,763,768USD | -8,233,240USD | -454,860USD |
| Total Cashflows From Investing Activities | -16,716,356USD | -1,167,751USD | — | -536,038USD | -230,953USD | -334,215,700USD |
| Net Borrowings | 27,298,476USD | 1,796,824USD | 17,650,000USD | 7,300,000USD | 7,300,000USD | -7,000,000USD |
| Total Cash From Financing Activities | 58,133,746USD | 4,677,578USD | 17,976,360USD | 7,636,447USD | 5,650,770USD | 336,916,356USD |
| Issuance Of Capital Stock | 11,994,834USD | 200,000USD | 2,104,997USD | 188,890USD | 5,642,970USD | 19,700,000USD |
| Change In Cash | 25,327,088USD | -1,939,363USD | -731,554USD | -3,127,321USD | -2,386,978USD | 2,245,798USD |
| Begin Period Cash Flow | 209,337USD | 2,148,700USD | 2,880,254USD | 6,007,575USD | 8,394,553USD | 4,961,363USD |
| End Period Cash Flow | 25,536,425USD | 209,337USD | 2,148,700USD | 2,880,254USD | 6,007,575USD | 2,245,798USD |
| Other Cashflows From Investing Activities | -16,716,356USD | — | — | -302,980,533USD | 195,492USD | 334,215,700USD |
| Other Cashflows From Financing Activities | 18,840,436USD | 2,680,754USD | -1,785,636USD | 336,447USD | 5,650,770USD | 19,700,000USD |
| Investments | — | 0USD | 302,119,898USD | -536,038USD | -230,953USD | -866,244USD |
| Sale Purchase Of Stock | — | — | -33,903USD | -302,873,885USD | 0USD | — |
| Unclassified Financing Cash Flow | — | — | 2,145,899USD | 302,873,885USD | -7,300,000USD | 304,516,356USD |
| Change To Liabilities | — | — | — | 634,402USD | 102,281USD | -259,870USD |
| Unclassified Investing Cash Flow | — | — | — | 303,516,571USD | — | -666,698,912USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q2 2026Quarterly · 2026-06-30 | Geography | Europe | 520,875 | USD | Disclosure |
| Q2 2026Quarterly · 2026-06-30 | Geography | United States | 4,052 | USD | Disclosure |
| Q2 2026Quarterly · 2026-06-30 | Product | Application Maintenance Services | 19,495 | USD | Disclosure |
| Q2 2026Quarterly · 2026-06-30 | Product | Product Sales | 380,121 | USD | Disclosure |
| Q2 2026Quarterly · 2026-06-30 | Product | Professional Services Revenue | 39,650 | USD | Disclosure |
| Q2 2026Quarterly · 2026-06-30 | Product | Saa SAnd Hosted Software Subscriptions | 85,661 | USD | Disclosure |
| Q1 2026Quarterly · 2026-03-31 | Geography | Europe | 398,864 | USD | 0001193125-26-232836 |
| Q1 2026Quarterly · 2026-03-31 | Geography | United States | 8,780 | USD | 0001193125-26-232836 |
| Q1 2026Quarterly · 2026-03-31 | Product | Application Maintenance Services | 18,780 | USD | 0001193125-26-232836 |
| Q1 2026Quarterly · 2026-03-31 | Product | Product Sales | 317,588 | USD | 0001193125-26-232836 |
| Q1 2026Quarterly · 2026-03-31 | Product | Professional Services Revenue | 22,777 | USD | 0001193125-26-232836 |
| Q1 2026Quarterly · 2026-03-31 | Product | Saa SAnd Hosted Software Subscriptions | 48,499 | USD | 0001193125-26-232836 |
| FY 2024Yearly · 2024-12-31 | Geography | Asia | 9,112 | USD | 0001193125-26-134922 |
| FY 2024Yearly · 2024-12-31 | Geography | Europe | 118,715 | USD | 0001193125-26-134922 |
| FY 2024Yearly · 2024-12-31 | Geography | United States | 24,300 | USD | 0001193125-26-134922 |
| Q2 2024Quarterly · 2024-06-30 | Geography | Asia | 7,566 | USD | 0000950170-25-109054 |
| Q2 2024Quarterly · 2024-06-30 | Geography | Europe | 41,712 | USD | 0000950170-25-109054 |
| Q2 2024Quarterly · 2024-06-30 | Geography | United States | 0 | USD | 0000950170-25-109054 |
| Q1 2024Quarterly · 2024-03-31 | Geography | Asia | 1,546 | USD | 0000950170-25-075392 |
| Q1 2024Quarterly · 2024-03-31 | Geography | Europe | 77,003 | USD | 0000950170-25-075392 |
| Q1 2024Quarterly · 2024-03-31 | Geography | United States | 15,000 | USD | 0000950170-25-075392 |
| Q4 2023Quarterly · 2023-12-31 | Geography | Asia | 339 | USD | Legacy provider |
| Q4 2023Quarterly · 2023-12-31 | Geography | Europe | 37,858 | USD | Legacy provider |
| Q4 2023Quarterly · 2023-12-31 | Geography | United States | 336,541 | USD | Legacy provider |
| FY 2023Yearly · 2023-12-31 | Geography | Asia | 117,835 | USD | 0000950170-25-054321 |
| FY 2023Yearly · 2023-12-31 | Geography | Europe | 207,347 | USD | 0000950170-25-054321 |
| FY 2023Yearly · 2023-12-31 | Geography | United States | 1,760,350 | USD | 0000950170-25-054321 |
| Q3 2023Quarterly · 2023-09-30 | Geography | Asia | 0 | USD | 0000950170-24-127209 |
| Q3 2023Quarterly · 2023-09-30 | Geography | Europe | 0 | USD | 0000950170-24-127209 |
| Q3 2023Quarterly · 2023-09-30 | Geography | United States | 186,743 | USD | 0000950170-24-127209 |
| Q2 2023Quarterly · 2023-06-30 | Geography | Asia | 1,996 | USD | 0000950170-24-097169 |
| Q2 2023Quarterly · 2023-06-30 | Geography | Europe | 55,000 | USD | 0000950170-24-097169 |
| Q2 2023Quarterly · 2023-06-30 | Geography | United States | 997,066 | USD | 0000950170-24-097169 |
| Q1 2023Quarterly · 2023-03-31 | Geography | Asia | 115,500 | USD | 0000950170-24-060605 |
| Q1 2023Quarterly · 2023-03-31 | Geography | Europe | 114,489 | USD | 0000950170-24-060605 |
| Q1 2023Quarterly · 2023-03-31 | Geography | United States | 240,000 | USD | 0000950170-24-060605 |
| FY 2022Yearly · 2022-12-31 | Geography | Asia | 356,075 | USD | 0000950170-24-044503 |
| FY 2022Yearly · 2022-12-31 | Geography | Europe | 45,950 | USD | 0000950170-24-044503 |
| FY 2022Yearly · 2022-12-31 | Geography | United States | 1,038,403 | USD | 0000950170-24-044503 |
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.