LTBR (LTBR) financial statements
LTBR reported revenue of $0 in fiscal 2025, down 76.9% a year over 1 years.
Net income was -$20M.
The diluted share count rose 418% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from LTBR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $760,577 | $175,446 | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $456,565 | $107,091 | — | — | — | — | — | — | — | — |
| Gross profit | $304,012 | $68,355 | — | — | — | — | — | — | — | — |
| Research and development | $3M | $2M | $3M | $3M | $891,626 | $1M | $669,818 | $2M | $5M | $9M |
| Selling, general and admin | $5M | $4M | $7M | $6M | $8M | $7M | $7M | $7M | $8M | $14M |
| Operating income | -$8M | -$7M | -$15M | -$11M | -$15M | -$8M | -$8M | -$9M | -$13M | -$23M |
| Interest expense | $29,386 | $16,095 | — | — | — | — | — | — | — | — |
| Pre-tax income | -$6M | -$7M | -$16M | -$11M | -$14M | -$8M | -$7M | -$8M | -$12M | -$20M |
| Income tax | $0 | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$6M | -$7M | -$16M | -$11M | -$14M | -$8M | -$7M | -$8M | -$12M | -$20M |
| EPS (diluted) | -$1.48 | -$0.71 | -$8.54 | -$3.66 | -$3.59 | -$1.71 | -$0.69 | -$0.65 | -$0.81 | — |
| Diluted shares | 5M | 10M | 27M | 3M | 4M | 7M | 11M | 12M | 14M | 25M |
| Gross margin | 40.0% | 39.0% | — | — | — | — | — | — | — | — |
| Operating margin | -1003.8% | -3760.5% | — | — | — | — | — | — | — | — |
| Net margin | -834.3% | -4049.6% | — | — | — | — | — | — | — | — |
Balance sheet
Fiscal years, from LTBR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $4M | $5M | $25M | $18M | $22M | $25M | $29M | $29M | $40M | $2M |
| Receivables | $388,434 | $10,400 | — | — | — | — | — | — | — | — |
| Total current assets | $5M | $5M | $25M | $18M | $22M | $25M | $29M | $29M | $40M | $203M |
| Total assets | $7M | $7M | $26M | $20M | $22M | $25M | $29M | $29M | $41M | $204M |
| Total current liabilities | $1M | $1M | $476,319 | $350,299 | $5M | $171,521 | $350,331 | $486,326 | $424,585 | $847,451 |
| Total liabilities | $1M | $1M | $1M | $350,299 | $5M | $171,521 | $350,331 | $486,326 | $424,585 | $847,451 |
| Shareholders' equity | $6M | $6M | $25M | $19M | $17M | $25M | $29M | $29M | $41M | $203M |
| Net debt | -$4M | -$5M | -$25M | -$18M | -$22M | -$25M | -$29M | -$29M | -$40M | -$2M |
Cash flow
Fiscal years, from LTBR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$6M | -$5M | -$7M | -$7M | -$9M | -$11M | -$7M | -$6M | -$9M | -$14M |
| Capital spending | — | — | — | $221,063 | $210,436 | — | — | — | — | — |
| Free cash flow | — | — | — | -$7M | -$9M | — | — | — | — | — |
| Stock-based compensation | $2M | $1M | $2M | $822,820 | $70,341 | $826,493 | $842,704 | $1M | $2M | $6M |
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What was LTBR's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
From LTBR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.