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 metricsOperating margin changed -58.4 percentage points from the prior annual period.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Operating margin compressed
Operating margin changed -58.4 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.
- Free cash flow was negative
Latest reported free cash flow was -$41M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2022-12-31.
- 3 filing risk checks flagged
Flagged areas: Earnings quality, Dilution.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +3.7% 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.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
- Earnings quality
- Dilution
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-11-07
- 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- License Agreement$1M48.2%-42.9% yoy
- Purchase Agreement$800K38.6%no prior
- Option Agreement$274K13.2%+9.6% yoy
Members sum to the consolidated $2.07M for this period.
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 4,041 US-listed filers · 786 in Materials| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $2M | 6thof 3,232 bottom third | 13thof 510 bottom third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 3.7% | 41stof 3,068 middle third | 45thof 462 middle third |
Operating margin operating income ÷ revenue | -239.8% | 12thof 2,762 bottom third | 33rdof 472 bottom third |
Net margin net income ÷ revenue | -170.1% | 12thof 3,194 bottom third | 33rdof 504 bottom third |
Return on equity net income ÷ stockholders' equity (positive equity only) | -38.8% | 21stof 3,505 bottom third | 48thof 689 middle third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 21.3% | 15thof 2,838 bottom third | 36thof 464 middle third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 176 days | 4thof 2,363 bottom third | 8thof 381 bottom third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -2.2% | 32ndof 3,821 bottom third | 27thof 746 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 · 23 changed periods| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2025-12-31 | $3.24M 10-K 2026-03-30 | $154M 10-Q 2026-11-05 | +4657.3% | first · latest · 4 filings carry it |
| Net income NetIncomeLoss | quarter 2025-09-30 | -$976K 10-Q 2025-11-12 | -$21.7M 10-Q 2026-11-05 | -2125.7% | first · latest |
| Total assets Assets | balance at 2025-12-31 | $9.98M 10-K 2026-03-30 | $155M 10-Q 2026-11-05 | +1448.3% | first · latest · 4 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2026-06-30 | $5.09M 10-Q 2026-08-04 | -$63.3M 10-Q 2026-11-05 | -1343.9% | first · latest |
| Net income NetIncomeLoss | quarter 2026-06-30 | -$1.75M 10-Q 2026-08-04 | -$17.4M 10-Q 2026-11-05 | -889.2% | first · latest |
| Stockholders' equity StockholdersEquity | balance at 2026-03-31 | $6.79M 10-Q 2026-05-12 | -$47M 10-Q 2026-11-05 | -792.5% | first · latest |
| Stockholders' equity StockholdersEquity | balance at 2025-12-31 | $9.09M 10-K 2026-03-30 | -$34M 10-Q 2026-11-05 | -473.9% | first · latest · 4 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2025-09-30 | $9.54M 10-Q 2025-11-12 | -$21.8M 10-Q 2026-11-05 | -328.9% | first · latest |
| Net income NetIncomeLoss | quarter 2026-03-31 | -$3.18M 10-Q 2026-05-12 | -$13.5M 10-Q 2026-11-05 | -325.2% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2025-06-30 | $8.57M 10-Q 2025-08-05 | -$123K 10-Q 2026-11-05 | -101.4% | first · latest |
| Stockholders' equity StockholdersEquity | balance at 2025-03-31 | $8.78M 10-Q 2025-05-06 | $16K 10-Q 2026-11-05 | -99.8% | first · latest |
| Stockholders' equity StockholdersEquity | balance at 2024-12-31 | $8.85M 10-K 2025-03-04 | $66K 10-Q 2026-11-05 | -99.3% | first · latest · 7 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2025-09-30 | -$1.01M 10-Q 2025-11-12 | -$22K 10-Q 2026-11-05 | +97.8% | first · latest |
| Net income NetIncomeLoss | quarter 2025-03-31 | -$1.43M 10-Q 2025-05-06 | -$73K 10-Q 2026-11-05 | +94.9% | first · latest · 6 filings carry it |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2025-09-30 | 3,225,000 shares 10-Q 2025-11-12 | 550,061 shares 10-Q 2026-11-05 | -82.9% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | quarter 2025-09-30 | 3,225,000 shares 10-Q 2025-11-12 | 550,061 shares 10-Q 2026-11-05 | -82.9% | first · latest |
| Revenue Revenues | fiscal year 2022-12-31 | $1.63M 10-K 2023-03-22 | $297K 10-K 2024-03-05 | -81.7% | first · latest |
| Operating income OperatingIncomeLoss | fiscal year 2022-12-31 | -$44.4M 10-K 2023-03-22 | -$18.5M 10-K 2024-03-05 | +58.2% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2022-09-30 | -$10.6M 10-Q 2022-11-03 | -$4.52M 10-Q 2023-11-13 | +57.4% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2023-06-30 | -$4.24M 10-Q 2023-07-28 | -$1.86M 10-Q 2024-08-07 | +56.0% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2023-03-31 | -$7.04M 10-Q 2023-05-12 | -$3.27M 10-Q 2024-05-07 | +53.5% | first · latest |
| Net income NetIncomeLoss | quarter 2025-06-30 | -$324K 10-Q 2025-08-05 | -$152K 10-Q 2026-11-05 | +53.1% | first · latest · 4 filings carry it |
| Net income NetIncomeLoss | quarter 2021-03-31 | -$13.4M 10-Q 2021-04-30 | -$6.95M 10-Q 2023-05-12 | +48.1% | first · latest · 7 filings carry it |
8 share-count periods re-presented for a stock split (50-for-1, 1-for-20) are listed apart from restatements and not counted above.
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; share counts re-presented by an integer split ratio are listed as split adjustments, not restatements. 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 KRSA 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.