Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Filing evidence summary
Mixed evidenceCoverage 4/5 core metricsLatest reported free cash flow was -$265M.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Free cash flow was negative
Latest reported free cash flow was -$265M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.
- Shareholders' equity was non-positive
Debt/equity is shown as not meaningful rather than as a negative leverage ratio.
Why this surfaced
Same-period reported shareholders' equity was zero or negative; review the balance sheet and capital structure. Period end 2025-12-31.
- 4 filing risk checks flagged
Flagged areas: Solvency & liquidity, Dilution.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +631.8% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.
- Operating margin improved
Operating margin changed +895.6 percentage points from the prior annual period.
Why this surfaced
Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
- Solvency & liquidity
- Dilution
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-09-06
- Latest period end
- 2025-12-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- Reportable Segment$114M100.0%+631.8% yoy
Members sum to the consolidated $114M for this period.
- Product$112M98.1%+672.1% yoy
- Service$2.22M1.9%+101.6% yoy
Members sum to the consolidated $114M for this period.
- United States$92.7M81.2%+493.9% yoy
- United Kingdom$21.5M18.8%no prior
Members sum to the consolidated $114M for this period.
- Reportable Segment$57M100.0%+444.7% yoy
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2025-12-31 · among 4,122 US-listed filers · 817 in Technology| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $114M | 29thof 3,301 bottom third | 25thof 778 bottom third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 631.8% | 98thof 3,135 top third | 98thof 743 top third |
Gross margin gross profit ÷ revenue | -126.0% | 1stof 1,603 bottom third | 1stof 555 bottom third |
Operating margin operating income ÷ revenue | -227.0% | 12thof 2,819 bottom third | 7thof 752 bottom third |
Net margin net income ÷ revenue | -849.1% | 7thof 3,263 bottom third | 4thof 770 bottom third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | -232.0% | 9thof 2,679 bottom third | 5thof 701 bottom third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 21.8% | 15thof 2,895 bottom third | 12thof 729 bottom third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 22 days | 81stof 2,398 top third | 90thof 712 top third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -132.4% | 99thof 3,577 top third | 99thof 722 top third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | 60.3% | 15thof 3,059 bottom third | 14thof 634 bottom third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
latest fiscal year ending 2025-12-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 17 changed periods| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Stockholders' equity StockholdersEquity | balance at 2020-03-31 | -$731 10-Q 2020-06-26 | -$193M 10-Q 2021-08-12 | -26409065.5% | first · latest · 4 filings carry it |
| Net income NetIncomeLoss | quarter 2020-03-31 | -$454 10-Q 2020-06-26 | -$9.35M 10-Q 2021-08-12 | -2058930.8% | first · latest · 3 filings carry it |
| Net income NetIncomeLoss | quarter 2020-06-30 | -$85.3K 10-Q 2020-08-12 | -$5.88M 10-Q 2021-08-12 | -6798.9% | first · latest |
| Stockholders' equity StockholdersEquity | balance at 2020-09-30 | $5M 10-Q 2020-11-12 | -$229M 10-Q 2021-11-10 | -4676.0% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2020-06-30 | -$96.7K 10-Q 2020-08-12 | -$4.19M 10-Q 2021-08-12 | -4233.0% | first · latest |
| Stockholders' equity StockholdersEquity | balance at 2020-06-30 | $5M 10-Q 2020-08-12 | -$199M 10-Q 2021-11-10 | -4078.0% | first · latest · 4 filings carry it |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2020-09-30 | $315K 10-Q 2020-11-12 | $6.53M 10-Q 2021-11-10 | +1973.6% | first · latest |
| Long-term debt LongTermDebt | balance at 2021-12-31 | $6.37M 10-K 2022-02-25 | $109M 10-K 2023-02-28 | +1614.2% | first · latest · 4 filings carry it |
| Net income NetIncomeLoss | quarter 2020-09-30 | -$1.96M 10-Q 2020-11-12 | -$30.1M 10-Q 2021-11-10 | -1435.1% | first · latest |
| Operating cash flow NetCashProvidedByUsedInOperatingActivities | quarter 2020-03-31 | -$35.1K 10-Q 2020-06-26 | -$321K 10-Q 2021-05-13 | -814.4% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2020-09-30 | -$1.98M 10-Q 2020-11-12 | -$14.3M 10-Q 2021-11-10 | -621.6% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2020-03-31 | 5,000,000 shares 10-Q 2020-06-26 | 3,930,336 shares 10-Q 2021-05-13 | -21.4% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | quarter 2020-03-31 | 5,000,000 shares 10-Q 2020-06-26 | 3,930,336 shares 10-Q 2021-05-13 | -21.4% | first · latest |
| Total liabilities Liabilities | balance at 2020-12-31 | $15.2M 10-K 2021-02-26 | $17.5M 10-K 2022-02-25 | +15.2% | first · latest · 5 filings carry it |
| Net income NetIncomeLoss | fiscal year 2020-12-31 | -$68.8M 10-K 2021-02-26 | -$70.6M 10-K 2022-02-25 | -2.8% | first · latest · 5 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2020-12-31 | $123M 10-K 2021-02-26 | $121M 10-K 2023-02-28 | -1.9% | first · latest · 9 filings carry it |
| Operating income OperatingIncomeLoss | fiscal year 2020-12-31 | -$39.1M 10-K 2021-02-26 | -$38.7M 10-K 2022-02-25 | +1.0% | first · latest · 5 filings carry it |
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
Not available for EOSE yet: no footnote text blocks on file for this filer in the ingested DERA files.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.