VS Versus Systems Inc. - Common Stock
NASDAQ · Media · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 14, 2026
$1.09
· of 52w range
· above low
· to high
$0.7552w low
$2.4752w high
Market Cap (MRQ)
$7M
P/E
-2.9
EPS
$-0.37
Revenue
$2M
your badges
52W Range
$1–$2
Analyst Rating
HOLD
Price Target
·
P/E
-2.9
ROE
-16.6%
Net Profit Margin
-82.1%
Your badge strip is empty — pin a metric anywhere on this page.
VS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$1.08
Market Cap (MRQ)
$7M
P/E
-2.9
EPS
$-0.37
Revenue
$2M
ROE
-16.6%
52W Range
$1–$2
VS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
Stock splits
| Ex-date | Split | Type |
|---|---|---|
| Dec. 29, 2023 | 1-for-16 | Reverse |
| Nov. 9, 2022 | 1-for-15 | Reverse |
| Dec. 15, 2020 | 1-for-16 | Reverse |
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$2M2022-12-31 → 2025-12-31
EPS$-0.372022-12-31 → 2025-12-31
Net margin-82.1%2023-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | VS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E | -2.95Y avg ≈-1.7 | ≈-1.7 | · | · | |
| P/S | 2.45Y avg ≈73.0 | ≈73.0 | · | · | |
| P/B (MRQ) | 0.65Y avg ≈0.7 | ≈0.7 | · | · | |
| Price / Cash Flow | -2.65Y avg ≈-2.2 | ≈-2.2 | · | · | |
| Price / Tangible Book (MRQ) | 0.65Y avg ≈0.7 | ≈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.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | VS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin | 99.2%5Y avg ≈63.6% | ≈63.6% | 70.8% | Top tier | |
| Operating Margin | -99.0%5Y avg ≈-4008.2% | ≈-4008.2% | -8.7% | Top tier | |
| EBITDA Margin | -99.0%5Y avg ≈-4008.2% | ≈-4008.2% | -8.7% | Top tier | |
| Pretax Margin | -98.2%5Y avg ≈-3972.7% | ≈-3972.7% | 21.1% | Top tier | |
| Net Profit Margin | -82.1%5Y avg ≈-3671.6% | ≈-3671.6% | 1.0% | Top tier | |
| ROA | -64.0%5Y avg ≈-107.5% | ≈-107.5% | -44.8% | Weak | |
| ROE | -16.6%5Y avg ≈-55.2% | ≈-55.2% | -16.6% | In line | |
| ROIC | -21.2% | · | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | VS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio (MRQ) | 4.05Y avg ≈53.3 | ≈53.3 | 2.4 | Strong liquidity | |
| Quick Ratio | 9.65Y avg ≈46.9 | ≈46.9 | 1.1 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | VS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 3711.3%5Y avg ≈1185.6% | ≈1185.6% | · | · | |
| Revenue CAGR 3Y | 25.3% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | VS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.85Y avg ≈0.3 | ≈0.3 | 1.0 | Weak | |
| Receivables Turnover | 5.2 | · | · | · | |
| Revenue / Employee | ≈$436.7K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
7.7%
Next Report
Nov 12, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| Dec. 31, 2025 | $-0.20 | — | — | |
| Sept. 30, 2025 | $-0.11 | — | — | |
| Dec. 31, 2024 | $-0.25 | $-0.23 | -10.3% | |
| Sept. 30, 2024 | $-0.22 | $-0.50 | 56.4% | |
| June 30, 2024 | $-0.54 | $-0.52 | -4.9% | |
| March 31, 2024 | $-0.25 | $-0.23 | -10.3% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | $2M | $57.3K | $271.2K | $1M | |
| Cost of Revenue | $16.4K | $40.3K | $103.1K | $617.0K | |
| Gross Profit | $2M | $17.0K | $168.1K | $491.8K | |
| R&D Expense | $48.1K | $246.0K | $1M | $2M | |
| SG&A Expense | $4M | $4M | $6M | $12M | |
| Operating Expenses | $4M | $5M | $11M | $23M | |
| Operating Income | $-2M | $-5M | $-11M | $-23M | |
| Other Non-op | $18.2K | $-11.4K | $-13.9K | $-162.9K | |
| Pretax Income | $-2M | $-5M | $-11M | $-22M | |
| Income Tax | $1.6K | $24.2K | · | · | |
| Net Income | $-2M | $-4M | $-10M | $-22M | |
| EPS (Basic) | $-0.37 | $-1.54 | $-10.44 | $-192.89 | |
| EPS (Diluted) | $-0.37 | $-1.54 | $-10.44 | $-192.89 | |
| Shares (Basic) | 4,901,677 | 2,628,226 | 912,717 | · | |
| Shares (Diluted) | 4,901,677 | 2,628,226 | 912,717 | · | |
| EBITDA | $-2M | $-5M | $-11M | · |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Cash & Equivalents | $527.4K | $3M | $5M | $1M | |
| Receivables | $836.0K | · | $18.2K | $60.7K | |
| Prepaid Expense | $88.7K | $469.6K | $160.5K | $223.2K | |
| Current Assets | $1M | $4M | $5M | $1M | |
| PP&E (Net) | · | · | $1.9K | $94.0K | |
| PP&E (Gross) | · | · | $773.5K | $995.9K | |
| Accum. Depreciation | · | · | $771.5K | $901.9K | |
| Intangibles | $609.0K | · | · | $6M | |
| Total Assets | $2M | $4M | $5M | $8M | |
| Accounts Payable | $142.8K | $26.3K | $82.6K | $138.3K | |
| Accrued Liabilities | $142.8K | · | $26.3K | $79.1K | |
| Current Liabilities | $142.8K | $26.3K | $321.5K | $3M | |
| Capital Leases | · | · | $0 | · | |
| Total Liabilities | $142.8K | $26.3K | $321.5K | $3M | |
| Common Stock | $151M | · | · | · | |
| Retained Earnings | $-141M | $-139M | $-135M | $-126M | |
| AOCI | $442.0K | $318.7K | $248.3K | $155.0K | |
| Stockholders' Equity | $10M | $11M | $12M | $11M | |
| Liabilities + Equity | $2M | $4M | $5M | $8M | |
| Shares Outstanding | 4,901,677 | 4,901,677 | 2,506,015 | 260,761 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Stock-based Comp | $430.4K | $160.9K | $-1M | $2M | |
| Amort. of Intangibles | · | · | $2M | $3M | |
| Operating Cash Flow | $-2M | $-5M | $-6M | $-9M | |
| CapEx | · | · | · | $40.2K | |
| Investing Cash Flow | $-609.0K | · | $-14.5K | $-3M | |
| Stock Issued | · | · | $8M | $13M | |
| Net Stock Activity | · | · | $8M | · | |
| Financing Cash Flow | · | $3M | $9M | $11M | |
| Net Change in Cash | $-3M | $-2M | $4M | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Gross Margin | 99.2% | 29.7% | 62.0% | · | |
| Operating Margin | -99.0% | -7923.5% | -4002.1% | · | |
| Net Margin | -82.1% | -7056.2% | -3876.6% | · | |
| Pretax Margin | -98.2% | -7943.4% | -3876.6% | · | |
| EBITDA Margin | -99.0% | -7923.5% | -4002.1% | · | |
| ROA | -64.0% | -96.1% | -162.5% | · | |
| ROE | -16.6% | -58.0% | -91.1% | · | |
| ROIC | -21.2% | -39.9% | · | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Current Ratio | 10.2 | 134.5 | 15.1 | · | |
| Quick Ratio | 9.6 | 116.6 | 14.6 | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Asset Turnover | 0.8 | 0.0 | 0.0 | · | |
| Receivables Turnover | 5.2 | · | 6.9 | · |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Book Value / Share | $2.08 | $2.33 | $4.77 | · | |
| Revenue / Share | $0.45 | $0.02 | · | · | |
| Cash Flow / Share | $-0.42 | $-1.89 | · | · | |
| Cash / Share | $0.11 | $0.63 | $1.87 | · | |
| EPS (TTM) | $-0.37 | $-1.54 | $-10.44 | · |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue YoY | 3711.3% | -78.9% | -75.5% | · | |
| Revenue CAGR 3Y | 25.3% | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue TTM | $2M | $57.3K | $271.2K | · | |
| Net Income TTM | $-2M | $-4M | $-10M | · | |
| Market Cap | $6M | $11M | $8M | · | |
| P/E | -3.3 | -1.4 | -0.3 | · | |
| P/S | 2.7 | 188.2 | 28.0 | · | |
| P/B | 0.6 | 0.9 | 0.6 | · | |
| P / Tangible Book | 0.6 | 0.9 | 0.6 | · | |
| P / Cash Flow | -2.9 | -2.2 | -1.4 | · | |
| Earnings Yield | -30.4% | -70.0% | -344.6% | · |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.8K | $17.3K | $2M | · | · | $199.3K | $0 | $3.8K | $26.9K | $26.5K | $34.2K | $22.9K | $56.1K | $56.1K | |
| Cost of Revenue | · | · | $0 | · | $8.2K | $8.2K | $0 | · | $16.2K | $24.0K | $23.6K | $23.6K | $23.6K | $23.6K | |
| Gross Profit | $1M | $17.3K | $4.1K | · | $2M | $191.1K | $0 | $3.8K | $10.7K | $2.5K | $10.6K | $-620 | $32.5K | $32.5K | |
| R&D Expense | · | · | $21.2K | $14.5K | $6.2K | $6.1K | $127.9K | $11.5K | $67.2K | $39.4K | $50.3K | $272.1K | $717.7K | $717.7K | |
| SG&A Expense | $897.5K | $836.0K | $1M | $741.9K | $1M | $1M | $881.2K | $521.4K | $1M | $1M | $1M | $2M | $2M | $2M | |
| Operating Expenses | $897.5K | $836.0K | $1M | $756.4K | $1M | $1M | $1M | $532.9K | $2M | $2M | $5M | $2M | $2M | $2M | |
| Operating Income | $594.3K | $-818.7K | $-1M | $-756.4K | $938.8K | $-1M | $-1M | $-529.0K | $-1M | $-2M | $-5M | $-2M | $-2M | $-2M | |
| Other Non-op | · | · | $-1.8K | · | $3.7K | $16.3K | $-11.1K | $73 | $-74 | $-247 | · | · | · | · | |
| Pretax Income | $594.3K | $-818.7K | $-1M | $-756.4K | $942.5K | $-1M | $-1M | $-529.0K | $-1M | $-2M | $-5M | $-2M | $-2M | $-2M | |
| Income Tax | · | · | $0 | $1.6K | · | · | · | · | · | · | · | · | · | · | |
| Net Income | $473.3K | $-683.2K | $-964.9K | $-537.8K | $672.3K | $-961.7K | $-809.5K | $-560.9K | $-1M | $-1M | $-5M | $-1M | $-2M | $-1M | |
| EPS (Basic) | $0.10 | $-0.14 | $-0.20 | $-0.11 | $0.14 | $-0.20 | $-0.27 | $-0.22 | $-0.54 | $-0.51 | $-3.38 | $-1.99 | $-3.18 | $-3.05 | |
| EPS (Diluted) | $0.10 | $-0.14 | · | · | $0.14 | $-0.20 | $-0.27 | $-0.22 | $-0.54 | $-0.51 | $-3.38 | $-1.99 | $-3.18 | $-3.05 | |
| Shares (Basic) | 4,959,302 | 4,901,677 | · | 4,901,677 | 4,901,677 | 4,901,677 | · | 2,506,015 | 2,506,015 | 2,506,015 | · | 669,636 | · | 669,636 | |
| Shares (Diluted) | 4,959,302 | 4,901,677 | · | 4,901,677 | 4,927,369 | 4,901,677 | · | 2,506,015 | 2,506,015 | 2,506,015 | · | 669,636 | · | 669,636 | |
| EBITDA | $594.3K | $-818.7K | · | $-756.4K | $938.8K | $-1M | · | $-529.0K | · | $-2M | · | · | · | · |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1M | $422.9K | $527.4K | · | · | $2M | $3M | · | · | $3M | $5M | · | · | · | |
| Receivables | $2M | $193.3K | $836.0K | · | $330.0K | · | · | $754 | $10.2K | $12.7K | $18.2K | · | · | · | |
| Prepaid Expense | $91.3K | $106.8K | $88.7K | $201.0K | $180.0K | $296.4K | $469.6K | $770.9K | $913.7K | $440.7K | $160.5K | · | · | · | |
| Current Assets | $3M | $723.0K | $1M | $3M | $4M | $3M | $4M | $1M | $2M | $3M | $5M | · | · | · | |
| PP&E (Net) | · | · | · | · | · | · | · | · | $878 | $1.2K | $1.9K | · | · | · | |
| PP&E (Gross) | · | · | · | · | · | · | · | · | $773.2K | · | · | · | · | · | |
| Accum. Depreciation | · | · | · | · | · | · | · | · | $772.3K | · | · | · | · | · | |
| Intangibles | $1M | $936.0K | $609.0K | $300.0K | · | · | · | · | · | · | · | · | · | · | |
| Total Assets | $4M | $2M | $2M | $3M | $4M | $3M | $4M | $1M | $2M | $3M | $5M | · | · | · | |
| Accounts Payable | $761.5K | $459.3K | · | $2.5K | $34.2K | $2.1K | $26.3K | · | $12.7K | $92.1K | $82.6K | · | · | · | |
| Accrued Liabilities | · | · | $142.8K | · | · | · | · | $25.8K | $11.0K | · | $26.3K | · | · | · | |
| Current Liabilities | $761.5K | $459.3K | $142.8K | $2.5K | $34.2K | $2.1K | $26.3K | $26.9K | $32.9K | $179.0K | $321.5K | · | · | · | |
| Total Liabilities | $761.5K | $459.3K | $142.8K | $2.5K | $34.2K | $2.1K | $26.3K | · | · | · | $321.5K | · | · | · | |
| Common Stock | $153M | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Retained Earnings | $-141M | $-142M | $-141M | $-140M | $-140M | $-140M | $-139M | $-139M | $-138M | $-137M | $-135M | · | · | · | |
| AOCI | $561.5K | $520.5K | $442.0K | $442.6K | $444.0K | $326.4K | $318.7K | $276.9K | $329.8K | $208.6K | $248.3K | · | · | · | |
| Stockholders' Equity | $12M | $10M | $10M | $11M | $12M | $11M | $11M | $9M | $10M | $11M | $12M | · | · | · | |
| Liabilities + Equity | $4M | $2M | $2M | $3M | $4M | $3M | $4M | $1M | $2M | $3M | $5M | · | · | · | |
| Shares Outstanding | 6,212,646 | 4,901,677 | 4,901,677 | 4,901,677 | 4,901,677 | 4,901,677 | 4,901,677 | · | 2,506,015 | 2,506,015 | 2,506,015 | · | · | · |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $15.6K | $21.5K | $21.5K | $21.5K | $21.5K | $366.0K | $0 | $0 | $0 | $160.9K | $-298.1K | $1.9K | $90.9K | $-1M | |
| Amort. of Intangibles | · | · | · | · | · | · | · | · | · | · | $574.4K | $498.1K | $685.6K | $686.4K | |
| Operating Cash Flow | $-475.2K | $144.0K | $-568.6K | $24.7K | $-867.5K | $-641.4K | $-716.6K | $-472.3K | $-2M | $-2M | $-1M | $-841.7K | $-1M | $-2M | |
| Investing Cash Flow | $-327.0K | $-327.0K | $-309.0K | · | · | · | · | · | · | · | $-408 | $-4.4K | $-1.1K | $-8.6K | |
| Stock Issued | · | · | · | · | · | · | · | · | · | · | $6M | $0 | $0 | $2M | |
| Financing Cash Flow | · | · | · | · | · | · | · | · | · | · | $4M | $-175.7K | $-828.4K | $6M | |
| Net Change in Cash | $938.8K | $-104.5K | $-878.2K | $-276.6K | $-750.0K | $-633.7K | $3M | $-434.7K | $-2M | $-2M | $3M | · | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21871.0% | 100.0% | · | · | · | 95.9% | · | 100.0% | · | 9.3% | · | · | · | · | |
| Operating Margin | 8712.4% | -4732.3% | · | · | · | -588.3% | · | -13748.0% | · | -5665.1% | · | · | · | · | |
| Net Margin | 6938.8% | -3949.1% | · | · | · | -482.4% | · | -13746.1% | · | -5666.1% | · | · | · | · | |
| Pretax Margin | 8712.4% | -4732.3% | · | · | · | -580.1% | · | -13746.1% | · | -5666.1% | · | · | · | · | |
| EBITDA Margin | 8712.4% | -4732.3% | · | · | · | -588.3% | · | -13748.0% | · | -5665.1% | · | · | · | · | |
| ROA | 11.6% | -31.1% | · | -24.9% | 23.7% | -31.6% | · | -85.1% | -163.8% | -89.5% | · | · | · | · | |
| ROE | 4.0% | -6.7% | · | -5.4% | 6.3% | -8.9% | · | -11.9% | -31.5% | -28.0% | · | · | · | · | |
| ROIC | · | · | · | -6.8% | · | · | · | · | · | · | · | · | · | · |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.0 | 1.6 | · | 1116.7 | 112.4 | 1323.3 | · | 46.1 | 55.6 | 18.7 | · | · | · | · | |
| Quick Ratio | 3.9 | 1.3 | · | · | 9.7 | 1179.5 | · | 0.0 | 0.3 | 16.2 | · | · | · | · |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | · | · | 0.1 | · | 0.0 | · | 0.0 | · | · | · | · | |
| Receivables Turnover | 0.0 | 0.2 | · | · | · | · | · | 10.2 | · | 4.2 | · | · | · | · |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $1.91 | $1.96 | · | $2.27 | $2.38 | $2.21 | · | · | $3.80 | $4.28 | · | · | · | · | |
| Revenue / Share | $0.00 | $0.00 | · | · | · | $0.04 | · | $0.00 | · | $0.01 | · | · | · | · | |
| Cash Flow / Share | · | $0.03 | · | · | · | $-0.13 | · | · | · | $-0.72 | · | · | · | · | |
| Cash / Share | $0.22 | $0.09 | · | · | · | $0.50 | · | · | · | $1.15 | · | · | · | · | |
| EPS (TTM) | · | · | · | $-0.55 | $-0.55 | $-1.23 | · | $-4.65 | $-6.42 | $-9.06 | · | · | · | · |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | · | · | · | $230.1K | $230.1K | $230.1K | · | $91.5K | $110.6K | $139.7K | · | · | · | · | |
| Net Income TTM | $-2M | $-2M | · | $-2M | $-2M | $-4M | · | $-8M | $-9M | $-10M | · | · | · | · | |
| Market Cap | $8M | $6M | · | $10M | $11M | $10M | · | · | $3M | $5M | · | · | · | · | |
| P/E | · | · | · | -3.9 | -4.2 | -1.7 | · | -0.3 | -0.2 | -0.2 | · | · | · | · | |
| P/S | · | · | · | 45.2 | 49.6 | 44.3 | · | · | 29.2 | 37.3 | · | · | · | · | |
| P/B | 0.7 | 0.6 | · | 0.9 | 1.0 | 0.9 | · | · | 0.3 | 0.5 | · | · | · | · | |
| P / Tangible Book | 0.8 | 0.7 | · | 1.0 | 1.0 | 0.9 | · | · | 0.3 | 0.5 | · | · | · | · | |
| P / Cash Flow | · | 41.5 | · | · | · | -15.9 | · | · | · | -2.9 | · | · | · | · | |
| Earnings Yield | · | · | · | -25.9% | -23.6% | -59.1% | · | -389.1% | -497.7% | -435.6% | · | · | · | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | $2M | $57.3K | $271.2K | $1M |
| Gross Margin % | 99.2% | 29.7% | 62.0% | · |
| Operating Margin % | -99.0% | -7923.5% | -4002.1% | · |
| Net Income | $-2M | $-4M | $-10M | $-22M |
| Diluted EPS | $-0.37 | $-1.54 | $-10.44 | $-192.89 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Current Ratio | 10.2 | 134.5 | 15.1 | · |
| Quick Ratio | 9.6 | 116.6 | 14.6 | · |
No data for this statement
Not enough fundamentals data to build this statement yet.
Institutional owners (13F) 6 filers · $75K total · As of June 30, 2026
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
6
Value held
$75K
New positions
2
Exited positions
1
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 2 (+2 vs prior Q) | 1 (-4 vs prior Q) | 2 (-1 vs prior Q) | 1 (-1 vs prior Q) | +20K |
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 |
|---|---|---|---|---|
| CITADEL ADVISORS LLC | $44,088 | 34,177 | 58.40% | Shares |
| XTX Topco Ltd | $17,501 | 13,567 | 23.18% | Shares |
| MORGAN STANLEY | $11,601 | 9,063 | 15.37% | Shares |
| UBS Group AG | $1,280 | 1,000 | 1.70% | Shares |
| Tower Research Capital LLC (TRC) | $625 | 488 | 0.83% | Shares |
| OSAIC HOLDINGS, INC. | $397 | 311 | 0.53% | Shares |
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Cronus Equity Capital Group LLC, Paul Feller | Dec. 7, 2023 | · | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 5 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| VXUS · VANGUARD STAR FUNDS | 0.00% | 42,942,059 SH | Aug. 19, 2026 | Daily |
| VWO · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 40,365,056 SH | Aug. 19, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 2,773,301 SH | Aug. 19, 2026 | Daily |
| VSS · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 10,219,700 SH | Aug. 19, 2026 | Daily |
| VSGX · VANGUARD WORLD FUND | 0.00% | 544,118 SH | Aug. 19, 2026 | Daily |
VS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 9 analysts
SELL
0 0.0%
Strong Buy
0 0.0%
Buy
3 33.3%
Hold
3 33.3%
Sell
3 33.3%
Strong Sell
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Source: SEC 10-Q filed Aug 14, 2026