NWTG

MKT CAP:$6M

Newton Golf Company

Market Cap

$6M

Consumer Cyclical·Leisure·🇺🇸 United States·NASDAQ

Consumer Cyc.·Leisure·🇺🇸·NASDAQ

Stock Price

$1.17-$0.38 (-24.52%)

Apr 24, 2026

Company Details

Newton Golf Company, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs....

CEO

Gregor Campbell

IPO Date

Aug 15, 2023

Website

www.sacksparente.com

Key Metrics TTM

Revenue

$8M

+136.1% YoY

Net Income

-$6M

EPS (Diluted)

-$128.05

Free Cash Flow

-$6M

Revenue / Share

$176.77

Gross Margin

56.0%

Operating Margin

-92.8%

Net Margin

-74.0%

FCF Margin

-69.3%

P/S

0.7x

P/E

—

Earnings Reports

FY 2025

Dec 31, 2025

$8M+136.1%EPS -$130.81

Q4 2025

Dec 31, 2025

$2M+112.4%EPS -$52.04

Q3 2025

Sep 30, 2025

$3M+113.2%EPS -$34.33

Q2 2025

Jun 30, 2025

$2M+154.4%EPS -$33.71

Q1 2025

Mar 31, 2025

$1M+245.7%EPS -$7.97

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 23	$90.0K	$44.0K	-$897.0K
Q2 23	$47.0K	$15.0K	-$650.0K
Q3 23	$95.0K	$39.0K	-$1M
Q4 23	$117.0K	$24.0K	-$2M
Q1 24	$350.0K	$206.0K	-$1M
Q2 24	$813.0K	$489.0K	-$1M
Q3 24	$1M	$805.0K	-$1M
Q4 24	$1M	$774.0K	-$1M
Q1 25	$1M	$852.0K	-$2M
Q2 25	$2M	$1M	-$2M
Q3 25	$3M	$2M	-$2M
Q4 25	$2M	$569.0K	-$3M

Valuation

Quarter	P/S	P/E
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	27.4x	—
Q1 24	13.9x	—
Q2 24	5.5x	—
Q3 24	2.2x	—
Q4 24	0.4x	—
Q1 25	0.1x	—
Q2 25	0.3x	—
Q3 25	1.1x	—
Q4 25	0.9x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 23	-$127.0K	-$130.0K
Q3 23	-$3M	-$4M
Q4 23	-$1M	-$1M
Q1 24	-$1M	-$1M
Q2 24	-$1M	-$1M
Q3 24	-$1M	-$1M
Q4 24	-$1M	-$2M
Q1 25	-$2M	-$2M
Q2 25	-$1M	-$1M
Q3 25	-$1M	-$1M
Q4 25	-$1M	-$1M

Capital Expenditures

Quarter	CapEx
Q2 23	$3.0K
Q3 23	$98.0K
Q4 23	$188.0K
Q1 24	$83.0K
Q2 24	$105.0K
Q3 24	$275.0K
Q4 24	$39.0K
Q1 25	$131.0K
Q2 25	$160.0K
Q3 25	$93.0K
Q4 25	$85.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 24	+288.9%	+62.6%
Q2 24	+1629.8%	+189.1%
Q3 24	+1174.7%	+81.8%
Q4 24	+815.4%	+23.1%
Q1 25	+245.7%	+98.2%
Q2 25	+154.4%	+77.4%
Q3 25	+113.2%	+77.6%
Q4 25	+112.4%	+93.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 23	$164.0K	348.9%
Q3 23	$140.0K	147.4%
Q4 23	$76.0K	65.0%
Q1 24	$99.0K	28.3%
Q2 24	$86.0K	10.6%
Q3 24	$71.0K	5.9%
Q4 24	$52.0K	4.9%
Q1 25	$52.0K	4.3%
Q2 25	$42.0K	2.0%
Q3 25	$0	0.0%
Q4 25	-$55.0K	-2.4%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 23	$25.0K	$878.0K	$38.0K	—
Q2 23	$18.0K	$630.0K	$17.0K	—
Q3 23	$15.0K	$1M	$100.0K	—
Q4 23	$200.0K	$567.0K	$1M	—
Q1 24	$190.0K	$890.0K	$381.0K	—
Q2 24	$207.0K	$1M	$191.0K	—
Q3 24	$201.0K	$1M	$531.0K	—
Q4 24	$145.0K	$2M	$511.0K	—
Q1 25	$282.0K	$2M	$518.0K	—
Q2 25	$143.0K	$2M	$712.0K	—
Q3 25	$182.0K	—	—	$3M
Q4 25	$172.0K	—	—	$3M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 23	$9.0K	$0	$9.0K
Q3 23	$7M	$0	$7M
Q4 23	$5M	$0	$5M
Q1 24	$4M	$0	$4M
Q2 24	$3M	$0	$3M
Q3 24	$1M	$0	$1M
Q4 24	$8M	$0	$8M
Q1 25	$6M	$0	$6M
Q2 25	$4M	$0	$4M
Q3 25	$3M	$0	$3M
Q4 25	$1M	$0	$1M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 23	36K	—	—
Q2 23	36K	0.0%	—
Q3 23	42K	+17.0%	—
Q4 23	49K	+15.4%	—
Q1 24	49K	-0.2%	+34.7%
Q2 24	49K	0.0%	+34.7%
Q3 24	49K	0.0%	+15.2%
Q4 24	66K	+35.4%	+35.2%
Q1 25	66K	0.0%	+35.4%
Q2 25	45K	-31.6%	-7.3%
Q3 25	46K	+2.1%	-5.4%
Q4 25	46K	0.0%	-30.2%

Shares Outstanding