Avax One Technology (AVX) financial statements
Avax One Technology reported revenue of $2M in fiscal 2025, up 1099.1% a year over 2 years.
Net income was -$33M.
The diluted share count rose 1052512% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Avax One Technology's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | $16,281 | $26,572 | $2M |
| Cost of revenue | — | — | — | $13,577 | $89,115 | — |
| Gross profit | — | — | — | $2,704 | -$21,228 | — |
| Research and development | $123,915 | $474,338 | $615,693 | $6,589 | $75,285 | $18,774 |
| Selling, general and admin | $189,813 | $780,135 | $2M | $1M | $786,808 | $1M |
| Operating income | -$3M | -$7M | -$14M | -$11M | -$10M | -$22M |
| Pre-tax income | -$3M | -$7M | -$13M | -$12M | -$16M | -$33M |
| Net income | -$4M | -$7M | -$13M | -$12M | -$16M | -$33M |
| EPS (diluted) | -$2,650.00 | -$3,300.00 | -$3,560.00 | -$1,011.05 | -$199.51 | -$2.15 |
| Diluted shares | 0M | 0M | 0M | 0M | 0M | 17M |
| Gross margin | — | — | — | 16.6% | -79.9% | — |
| Operating margin | — | — | — | -68502.6% | -37998.5% | -925.5% |
| Net margin | — | — | — | -72066.9% | -61248.0% | -1418.1% |
Balance sheet
Fiscal years, from Avax One Technology's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $653,410 | $8M | $2M | $4M | $489,868 | $22M |
| Receivables | $8,973 | — | — | — | — | — |
| Inventory | — | — | — | $38,857 | $5,961 | — |
| Total current assets | $875,421 | $8M | $3M | $4M | $1M | $34M |
| Property, plant and equipment | $28,443 | $40,971 | $121,672 | $11,801 | $808,895 | $4M |
| Goodwill | — | — | — | — | $294,941 | $2M |
| Total assets | $3M | $12M | $22M | $17M | $11M | $195M |
| Total current liabilities | $2M | $2M | $5M | $6M | $4M | $8M |
| Total liabilities | $2M | $4M | $11M | $9M | $5M | $8M |
| Shareholders' equity | $1M | $8M | $11M | $9M | $6M | $187M |
| Net debt | -$653,410 | -$8M | -$2M | -$4M | -$489,868 | -$22M |
Cash flow
Fiscal years, from Avax One Technology's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$2M | -$5M | -$12M | -$7M | -$5M | -$14M |
| Stock-based compensation | $571,210 | $796,141 | $420,715 | $317,933 | $22,780 | $2M |
| Share buybacks (net) | — | — | — | — | — | -$257,964 |
| Net borrowing | $31,417 | -$734,068 | — | — | — | — |
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What was Avax One Technology's revenue in 2025?
$2M in fiscal 2025, from its 10-K filing.
From Avax One Technology's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.