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 3/5 core metricsDebt/equity is shown as not meaningful rather than as a negative leverage ratio.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- 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.
- 5 filing risk checks flagged
Flagged areas: Earnings quality, Solvency & liquidity.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +8.1% 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 +545.0 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
- Earnings quality
- Solvency & liquidity
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$156M100.0%+8.1% yoy
Members sum to the consolidated $156M for this period.
- Power Track Software Edge Hardware And Project And Professional Services Other$111Mshare n/a+23.8% yoy
- Service$87.7Mshare n/a+29.3% yoy
- Hardware$68.6Mshare n/a-10.7% yoy
- Edge Hardware$53.7Mshare n/a+18.3% yoy
- Power Track Software$37.6Mshare n/a+14.7% yoy
- Managed Services$30.2Mshare n/a+29.2% yoy
- Project And Professional Services And Other$19.9Mshare n/a+71.1% yoy
- Battery Hardware Resale$14.8Mshare n/a-52.7% yoy
member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.
- United States$149M95.1%+6.5% yoy
- Outside the United States$7.73M4.9%+49.3% yoy
Members sum to the consolidated $156M for this period.
- Reportable Segment$29M100.0%-10.8% 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 | $156M | 31stof 3,301 bottom third | 28thof 778 bottom third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 8.1% | 56thof 3,135 middle third | 48thof 743 middle third |
Gross margin gross profit ÷ revenue | 38.4% | 50thof 1,603 middle third | 40thof 555 middle third |
Operating margin operating income ÷ revenue | -35.6% | 22ndof 2,819 bottom third | 19thof 752 bottom third |
Net margin net income ÷ revenue | 88.2% | 96thof 3,263 top third | 99thof 770 top third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 6.5% | 31stof 2,895 bottom third | 40thof 729 middle third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 90 days | 14thof 2,398 bottom third | 21stof 712 bottom third |
Cash conversion operating cash flow ÷ net income (net income > 0) | 0.1× | 11thof 2,183 bottom third | 7thof 417 bottom third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | 35.1% | 1stof 3,577 bottom third | 1stof 722 bottom third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | -41.5% | 88thof 3,059 top third | 89thof 634 top 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 · 15 changed periods| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Stockholders' equity StockholdersEquity | balance at 2020-06-30 | $4.25K 10-Q 2020-11-16 | -$62.9M 10-Q 2021-11-10 | -1479747.1% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2020-03-31 | $6.45K 10-Q 2020-11-16 | -$44.3M 10-Q 2021-11-10 | -687588.4% | first · latest · 4 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2021-03-31 | $5M 10-Q 2021-05-17 | -$255M 10-Q 2021-11-10 | -5193.1% | first · latest · 3 filings carry it |
| Net income ProfitLoss | fiscal year 2020-12-31 | -$3.36M 10-K 2021-03-04 | -$156M 10-K 2023-02-17 | -4541.8% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2020-12-31 | $5M 10-K 2021-03-04 | -$177M 10-K 2022-02-28 | -3648.2% | first · latest · 6 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2020-09-30 | $393K 10-Q 2020-11-16 | -$12.5M 10-Q 2021-11-10 | -3273.7% | first · latest |
| Total liabilities Liabilities | balance at 2020-12-31 | $16.4M 10-K 2021-03-04 | $383M 10-K 2022-02-28 | +2231.4% | first · latest · 6 filings carry it |
| Operating cash flow NetCashProvidedByUsedInOperatingActivities | fiscal year 2020-12-31 | -$1.84M 10-K 2021-03-04 | -$33.7M 10-K 2023-02-17 | -1731.5% | first · latest · 4 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2020-09-30 | $5M 10-Q 2020-11-16 | -$81.5M 10-Q 2021-11-10 | -1729.1% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | fiscal year 2020-12-31 | -$3.5M 10-K/A 2021-04-26 | -$49.4M 10-K 2023-02-17 | -1311.0% | first · latest · 3 filings carry it |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2020-12-31 | $937K 10-K 2021-03-04 | $6.94M 10-K 2022-02-28 | +641.0% | first · latest · 6 filings carry it |
| Operating cash flow NetCashProvidedByUsedInOperatingActivities | quarter 2021-03-31 | -$511K 10-Q 2021-05-17 | -$1.83M 10-Q 2022-05-06 | -257.7% | first · latest |
| Total liabilities Liabilities | balance at 2020-09-30 | $14.3M 10-Q 2020-11-16 | $26.2M 10-K/A 2021-04-26 | +82.4% | first · latest |
| Net income ProfitLoss | quarter 2021-03-31 | -$156M 10-Q 2021-05-17 | -$82.6M 10-Q 2022-11-04 | +47.2% | first · latest · 3 filings carry it |
| Total assets Assets | balance at 2020-12-31 | $385M 10-K 2021-03-04 | $206M 10-K 2022-02-28 | -46.6% | first · latest · 6 filings carry it |
10 share-count periods re-presented for a stock split (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. 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 STEM 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.