BFRGW Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

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Price $0.14
Market Cap (MRQ) $3M
P/E -0.2
EPS $-0.63
Revenue $116.7K
ROE -300.5%
Debt/Equity (MRQ) 0.0
52W Range $0–$1

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10-Year Performance Revenue, net income, margins and EPS trends

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Revenue$116.7K
2022-12-31 → 2025-12-31
EPS$-0.63
2022-12-31 → 2025-12-31
Free Cash Flow·
2022-12-31 → 2022-12-31
Net margin-5569.6%
2022-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend BFRGW 5Y avg Peer Median Verdict
P/E -0.2 · · ·
P/S 13.7 · · ·
P/B (MRQ) 0.4 · · ·
Price / Cash Flow -0.3 · · ·
Price / Tangible Book 0.7 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 15
Metric Trend 2025202420232022
Revenue $116.7K·$65.0K$10.0K
Cost of Revenue $94.8K·$5.2K$800
Gross Profit $21.9K·$59.8K$9.2K
R&D Expense $2M$2M$1M$609.3K
SG&A Expense $5M$5M$4M$2M
Operating Expenses $7M$7M$5M$2M
Operating Income $-7M$-7M$-5M$-2M
Interest Expense ··$79.1K$347.1K
Other Non-op $96.6K$242.7K$11.7K$-346.7K
Net Income $-6M$-7M$-5M$-3M
EPS (Basic) $-0.63$-0.85$-0.89$-0.70
EPS (Diluted) $-0.63$-0.85$-0.89$-0.70
Shares (Basic) 10,337,0738,245,3536,049,8194,009,852
Shares (Diluted) 10,337,0738,245,3536,049,8194,009,852
EBITDA $-7M$-7M$-5M$-2M
Balance Sheet 16
Metric Trend 2025202420232022
Cash & Equivalents $2M$5M$3M$57.7K
Prepaid Expense $400.5K$111.6K$145.9K$15.0K
Current Assets $3M$6M$3M$72.7K
PP&E (Net) $2.5K$4.2K$6.0K$7.7K
Accum. Depreciation $6.2K$4.5K$2.8K$1.0K
Total Assets $3M$6M$3M$80.4K
Accounts Payable $168.2K$435.9K$103.7K$544.0K
Accrued Liabilities $503.9K$152.2K$80.7K$983.0K
Current Liabilities $672.0K$588.1K$184.3K$3M
Total Liabilities $672.0K$588.1K$184.3K$3M
Common Stock $114$91$61$40
Paid-in Capital $25M$22M$12M$1M
Retained Earnings $-23M$-17M$-10M$-4M
Stockholders' Equity $2M$5M$3M$-3M
Liabilities + Equity $3M$6M$3M$80.4K
Shares Outstanding 11,418,1839,113,1396,094,6444,021,935
Cash Flow 9
Metric Trend 2025202420232022
Stock-based Comp $1M$943.6K$631.5K$340.2K
Operating Cash Flow $-6M$-6M$-6M$-910.9K
CapEx ···$8.7K
Investing Cash Flow ···$-8.7K
Stock Issued $2M·$7M·
Net Stock Activity $2M·$7M·
Financing Cash Flow $2M$8M$9M$967.3K
Net Change in Cash $-3M$3M$3M$47.7K
Free Cash Flow ···$-919.6K
Profitability 6
Metric Trend 2025202420232022
Gross Margin 18.8%·92.0%92.0%
Operating Margin -5652.4%·-8257.7%-24558.0%
Net Margin -5569.6%·-8239.8%-28024.9%
EBITDA Margin -5652.4%·-8257.7%-24558.0%
ROA -155.4%-167.9%-374.9%-6201.4%
ROE -300.5%-159.2%-168.4%102.5%
Liquidity & Solvency 3
Metric Trend 2025202420232022
Current Ratio 3.89.415.00.0
Quick Ratio 3.29.214.20.0
Interest Coverage ··-67.9-7.1
Efficiency 1
Metric Trend 2025202420232022
Asset Turnover 0.0·0.00.2
Per Share 5
Metric Trend 2025202420232022
Book Value / Share $0.19$0.54$0.43$-0.76
Revenue / Share $0.01·$0.01·
Cash Flow / Share $-0.53$-0.68$-0.99·
Cash / Share $0.19$0.60$0.43$0.01
EPS (TTM) $-0.63$-0.85$-0.89$-0.70
Growth Rates 2
Metric Trend 2025202420232022
Revenue YoY ··550.0%·
Revenue CAGR 3Y 126.8%···
Valuation (TTM) 9
Metric Trend 2025202420232022
Revenue TTM $116.7K·$65.0K$10.0K
Net Income TTM $-6M$-7M$-5M$-3M
Market Cap $4M···
P/E -0.6···
P/S 38.2···
P/B 2.1···
P / Tangible Book 2.1···
P / Cash Flow -0.8···
Earnings Yield -161.5%···

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

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Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $116.7K · $65.0K $10.0K ·
Gross Margin % 18.8% · 92.0% 92.0% ·
Operating Margin % -5652.4% · -8257.7% -24558.0% ·
Net Income $-6M $-7M $-5M $-3M $-585.8K
Diluted EPS $-0.63 $-0.85 $-0.89 $-0.70 ·

Institutional owners (13F) 5 filers · $175K total · As of June 30, 2026

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Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 5
Value held $175K
New positions 0
Exited positions 0
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
0 (0 vs prior Q) 0 (0 vs prior Q) 1 (+1 vs prior Q) 1 (0 vs prior Q) -680

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
CLEAR STREET LLC $100,945 176,694 57.83% Shares
Anson Funds Management LP $57,333 80,750 32.85% Shares
Clear Street Group Inc. $13,146 109,552 7.53% Shares
L1 Global Manager Pty Ltd $3,000 25,000 1.72% Shares
UBS Group AG $121 1,009 0.07% Shares

Company insiders 5 insiders · 2 officers · 4 directors

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Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Vininder Singh Chief Executive Officer Sept. 22, 2026 P 2,442,446 1 0 $45,000
Joshua Blacher Chief Financial Officer Sept. 22, 2026 P 65,000 1 0 $26,500
William Enright Director June 11, 2026 A · 0 0 $0
Don R Elsey Director June 11, 2026 A · 0 0 $0
Jason David Hanson Director June 11, 2026 A · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

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Source: SEC 10-Q filed Aug 14, 2026