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Trailing performance Price return · vs SPY
Return vs SPY
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
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3 more panels on SMREF open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals TTM · reported
Market cap —
Enterprise value —
Revenue (TTM) —
Gross profit —
EBITDA —
Net income —
EPS (TTM) —
Free cash flow —
Total cash —
Total debt —
Book value / share —
Shares outstanding —
Float —
Short % of float —
Dividend yield —
Beta (5Y) —
Valuation & profitability ratios Account required
Trailing P/E —
Forward P/E —
PEG ratio —
Price / sales —
Price / book —
EV / revenue —
EV / EBITDA —
Gross margin —
Operating margin —
Profit margin —
Return on equity —
Return on assets —
Debt / equity —
Current ratio —
Free account required
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements As reported · 4 years · 6 quarters
Income Balance sheet Cash flow
Annual Quarterly
Blank means not reported, not zero
Line item 2025 2024 2023 2022 YoY
Total revenue
$0 $0 $0 $0
—
Operating revenue
$0 $0 $0 $0
—
Cost of revenue
$5.29K $5.83K $7.29K $8.54K
-9.3%
Gross profit
-$5.29K -$5.83K -$7.29K -$8.54K
+9.3%
Selling, general & admin
$2.18M $1.64M $953.97K $1.31M
+33.2%
Total operating expense
$11.02M $4.66M $3.94M $6.03M
+136.6%
Operating income
-$11.03M -$4.66M -$3.95M -$6.03M
-136.4%
Net interest income
$80.94K $38.43K $49.09K $47.27K
+110.6%
Pre-tax income
-$8.75M -$4.43M -$3.72M -$4.80M
-97.7%
Net income
-$8.75M -$4.43M -$3.72M -$4.80M
-97.7%
Net income to common
-$8.75M -$4.43M -$3.72M -$4.80M
-97.7%
Basic EPS
-0.06 -0.08 -0.12 -0.20
+25.0%
Diluted EPS
-0.06 -0.08 -0.12 -0.20
+25.0%
EBIT
-$11.03M -$4.66M -$3.95M -$6.03M
-136.4%
EBITDA
-$11.02M -$4.66M -$3.94M -$6.03M
-136.6%
Basic shares
152.28M 54.25M 30.86M 24.43M
+180.7%
Diluted shares
152.28M 54.25M 30.86M 24.43M
+180.7%
Line item 2025 2024 2023 2022 YoY
Cash & equivalents
$1.25M $285.18K $881.00K $2.12M
+337.5%
Cash & short-term investments
$1.55M $285.38K $881.48K $2.12M
+441.7%
Accounts receivable
$563.10K $189.90K $186.90K $102.51K
+196.5%
Total current assets
$2.65M $550.17K $1.12M $2.39M
+382.3%
Property, plant & equipment
$2.13M $1.77M $978.76K $689.23K
+20.5%
Total assets
$5.00M $2.50M $2.24M $3.50M
+100.0%
Total current liabilities
$318.92K $176.46K $240.59K $551.07K
+80.7%
Total liabilities
$318.92K $176.46K $240.59K $551.07K
+80.7%
Retained earnings
-$48.39M -$39.64M -$35.21M -$31.50M
-22.1%
Shareholder equity
$4.68M $2.32M $2.00M $2.95M
+101.5%
Working capital
$2.33M $373.71K $883.36K $1.84M
+524.7%
Net tangible assets
$4.68M $2.32M $2.00M $2.95M
+101.5%
Shares issued
219.64M 70.03M 35.20M 25.83M
+213.6%
Line item 2025 2024 2023 2022 YoY
Net income
-$8.75M -$4.43M -$3.72M -$4.80M
-97.7%
Depreciation & amortisation
$5.29K $5.83K $7.29K $8.54K
-9.3%
Stock-based compensation
$626.27K $661.29K $19.21K $234.03K
-5.3%
Change in working capital
-$813.07K $53.09K $40.10K $176.73K
-1,631.4%
Operating cash flow
-$11.13M -$3.91M -$3.83M -$5.57M
-185.0%
Capital expenditure
-$223.12K -$270.00K -$75.00K -$33.60K
+17.4%
Investing cash flow
-$258.72K -$367.60K -$99.00K -$118.10K
+29.6%
Financing cash flow
$12.35M $3.68M $2.68M $5.65M
+235.8%
Free cash flow
-$11.35M -$4.18M -$3.90M -$5.60M
-171.9%
End cash position
$1.25M $285.18K $881.00K $2.12M
+337.5%
Line item 2026-05-31 2026-02-28 2025-11-30 2025-08-31 2025-05-31 2025-02-28 YoY
Total revenue
$0 $0 $0 $0 $0 —
—
Operating revenue
$0 $0 $0 $0 $0 —
—
Cost of revenue
$1.16K $1.16K $1.32K $1.32K $1.32K —
0.0%
Gross profit
-$1.16K -$1.16K -$1.32K -$1.32K -$1.32K —
0.0%
Selling, general & admin
$952.97K $1.48M $708.38K $659.88K $449.55K —
-35.8%
Total operating expense
$1.70M $1.98M $4.66M $4.39M $809.48K —
-14.6%
Operating income
-$1.70M -$1.99M -$4.67M -$4.39M -$810.80K —
+14.6%
Net interest income
$53.67K $37.34K $17.08K $46.36K $5.74K —
+43.7%
Pre-tax income
-$1.59M -$1.71M -$3.41M -$3.56M -$725.38K —
+7.0%
Net income
-$1.59M -$1.71M -$3.41M -$3.56M -$725.38K —
+7.0%
Net income to common
-$1.59M -$1.71M -$3.41M -$3.56M -$725.38K —
+7.0%
Basic EPS
-0.01 -0.01 — -0.02 -0.01 -0.01
0.0%
Diluted EPS
-0.01 -0.01 — -0.02 -0.01 -0.01
0.0%
EBIT
-$1.70M -$1.99M -$4.67M -$4.39M -$810.80K —
+14.6%
EBITDA
-$1.70M -$1.98M -$4.66M -$4.39M -$809.48K —
+14.6%
Basic shares
314.25M 286.70M — 213.88M 91.42M 85.37M
+9.6%
Diluted shares
314.25M 286.70M — 213.88M 91.42M 85.37M
+9.6%
Line item 2026-05-31 2026-02-28 2025-11-30 2025-08-31 2025-05-31 YoY
Cash & equivalents
$10.23M $10.89M $1.25M $6.62M $10.28M
-6.1%
Cash & short-term investments
$10.47M $11.31M $1.55M $6.88M $10.28M
-7.5%
Accounts receivable
$585.23K $634.98K $563.10K $343.99K $138.96K
-7.8%
Total current assets
$12.01M $12.46M $2.65M $8.26M $11.42M
-3.6%
Property, plant & equipment
$2.50M $2.50M $2.13M $2.13M $2.13M
-0.0%
Total assets
$14.73M $15.18M $5.00M $10.61M $13.77M
-2.9%
Total current liabilities
$3.12M $2.95M $318.92K $3.15M $2.96M
+5.6%
Total liabilities
$3.12M $2.95M $318.92K $3.15M $2.96M
+5.6%
Retained earnings
-$51.68M -$50.10M -$48.39M -$44.98M -$41.43M
-3.2%
Shareholder equity
$11.62M $12.23M $4.68M $7.46M $10.81M
-5.0%
Working capital
$8.89M $9.50M $2.33M $5.11M $8.45M
-6.4%
Net tangible assets
$11.62M $12.23M $4.68M $7.46M $10.81M
-5.0%
Shares issued
317.48M 310.76M 219.64M 213.88M 90.09M
+2.2%
Line item 2026-05-31 2026-02-28 2025-11-30 2025-08-31 2025-05-31 2025-02-28 YoY
Net income
-$1.59M -$1.71M -$3.41M -$3.56M -$725.38K —
+7.0%
Depreciation & amortisation
$1.16K $1.16K $1.32K $1.32K $1.32K —
0.0%
Stock-based compensation
$142.32K $1.13M $206.53K $208.67K $102.70K —
-87.4%
Change in working capital
$7.59K $759 -$1.56M $478.40K $232.67K —
+900.1%
Operating cash flow
-$1.50M -$813.15K -$6.01M -$3.66M -$470.25K —
-84.0%
Capital expenditure
— -$232.05K — — -$20.00K -$203.12K
—
Investing cash flow
$0 -$232.05K $0 $0 -$20.00K —
+100.0%
Financing cash flow
$831.68K $10.69M $635.04K $1 $9.21M —
-92.2%
Free cash flow
-$1.50M -$1.05M -$6.01M -$3.66M -$490.25K —
-43.2%
End cash position
$10.23M $10.89M $1.25M $6.62M $10.28M —
-6.1%
Analyst targets & ownership Account required
Mean target —
High target —
Low target —
Implied upside —
Analyst count —
Consensus —
Strong buy / Buy — / —
Hold —
Sell / Strong sell — / —
Held by insiders —
Held by institutions —
Institutions holding —
Free account required
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals Computed from 2Y daily closes
SMA 10
0.10
+6.57% from price
SMA 20
0.09
+15.50% from price
SMA 50
0.09
+16.25% from price
SMA 100
0.10
+6.47% from price
SMA 200
0.10
+7.33% from price
EMA 12
0.10
+7.70% from price
EMA 26
0.10
+12.28% from price
EMA 50
0.10
+12.24% from price
MACD (12,26,9)
0.00
Hist 0.00
ATR (14)
0.01
6.66% of price
Realised vol 30D
66.5%
Annualised
Bollinger upper
0.11
20, 2σ
Bollinger lower
0.08
20, 2σ
50 / 200 cross
Death
0.09 vs 0.10
Trend bias
Above 200
+7.33%
Options chain Account required
Expiry Loading… Spot 0.11
Calls Strike Last Bid Ask Vol OI IV
000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0%
Puts Strike Last Bid Ask Vol OI IV
000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0% 000.00 0.00 0.00 0.00 0 0 0.0%
Free account required
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile Daily returns · 1Y window
Beta vs SPY
1.24
More volatile than market
Correlation to SPY
0.13
Largely independent
Realised vol 30D
66.5%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-53.3%
Peak to trough
Max drawdown 5Y
-97.6%
Peak to trough
Beta (reported)
—
5Y monthly, from filing
Headlines SMREF · links out to the publisher
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