Movano (MOVE) financial statements
Movano reported revenue of $433,000 in fiscal 2025, down 57.3% a year over 1 years.
Net income was -$18M.
The diluted share count rose 3839% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Movano's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $1M | $433,000 |
| Cost of revenue | — | — | — | — | $3M | $2M |
| Gross profit | — | — | — | — | -$2M | -$2M |
| Research and development | $8M | $13M | $19M | $17M | $11M | $6M |
| Selling, general and admin | $3M | $6M | $11M | $13M | $11M | $8M |
| Operating income | -$11M | -$20M | -$30M | -$30M | -$24M | -$16M |
| Interest expense | $1M | $883,000 | $800,000 | — | — | $3M |
| Pre-tax income | — | — | — | — | — | -$18M |
| Net income | -$13M | -$22M | -$30M | -$29M | -$24M | -$18M |
| EPS (diluted) | -$1,027.50 | -$138.00 | -$138.00 | -$95.10 | -$39.39 | -$21.79 |
| Diluted shares | 0M | 0M | 0M | 0M | 1M | 1M |
| Gross margin | — | — | — | — | -196.8% | -424.9% |
| Operating margin | — | — | — | — | -2391.1% | -3580.4% |
| Net margin | — | — | — | — | -2342.3% | -4222.9% |
Balance sheet
Fiscal years, from Movano's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $6M | $34M | $11M | $6M | $8M | $3M |
| Inventory | — | — | — | $1M | $2M | $2M |
| Total current assets | $7M | $35M | $12M | $9M | $10M | $5M |
| Property, plant and equipment | $38,000 | $529,000 | $443,000 | $342,000 | $213,000 | $101,000 |
| Total assets | $7M | $36M | $13M | $9M | $11M | $6M |
| Total current liabilities | $1M | $3M | $5M | $6M | $3M | $9M |
| Total liabilities | $15M | $4M | $5M | $6M | $4M | $9M |
| Shareholders' equity | -$41M | $33M | $8M | $3M | $7M | -$3M |
| Net debt | -$6M | -$18M | -$11M | -$6M | -$8M | -$3M |
Cash flow
Fiscal years, from Movano's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$11M | -$16M | -$25M | -$26M | -$23M | -$11M |
| Capital spending | — | $565,000 | $105,000 | $64,000 | $8,000 | — |
| Free cash flow | — | -$17M | -$25M | -$26M | -$23M | — |
| Stock-based compensation | $446,000 | $2M | $3M | $3M | $3M | $3M |
| Net borrowing | $12M | — | — | — | — | $2M |
| Free cash flow margin | — | — | — | — | -2225.2% | — |
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What was Movano's revenue in 2025?
$433,000 in fiscal 2025, from its 10-K filing.
From Movano's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.