OSS (OSS) financial statements
OSS reported revenue of $32M in fiscal 2025, up 2.0% a year over 8 years.
Net income was $5M and the operating margin -10.5%, against -1.6% in 2017.
Free cash flow was -$7M.
The diluted share count rose 117% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from OSS's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28M | $37M | $58M | $52M | $62M | $72M | $61M | $25M | $32M |
| Cost of revenue | $19M | $26M | $39M | $35M | $42M | $52M | $43M | $24M | $16M |
| Gross profit | $9M | $11M | $19M | $16M | $20M | $20M | $18M | $622,924 | $16M |
| Research and development | $3M | $4M | $5M | $4M | $4M | $5M | $4M | $3M | $5M |
| Selling, general and admin | $4M | $7M | $9M | $8M | $8M | $7M | $9M | $7M | $7M |
| Operating income | -$450,438 | -$3M | -$779,019 | -$424,281 | $2M | $2M | -$8M | -$16M | -$3M |
| Interest expense | $199,257 | $65,693 | $165,560 | $550,774 | $527,139 | $162,391 | $117,774 | $4,027 | $2,523 |
| Pre-tax income | -$619,255 | -$3M | -$663,085 | -$610,288 | $3M | $2M | -$6M | -$15M | -$3M |
| Income tax | -$402,717 | -$1M | $237,252 | -$603,744 | $605,675 | $4M | $927,128 | $2,560 | $11,310 |
| Net income | $96,620 | -$1M | -$900,337 | -$6,544 | $2M | -$2M | -$7M | -$14M | $5M |
| EPS (diluted) | $0.01 | -$0.09 | -$0.06 | $0.00 | $0.12 | -$0.11 | -$0.32 | -$0.65 | $0.22 |
| Diluted shares | 11M | 13M | 15M | 17M | 20M | 20M | 21M | 21M | 23M |
| Gross margin | 31.5% | 30.6% | 33.3% | 31.7% | 31.7% | 28.2% | 29.5% | 2.5% | 49.6% |
| Operating margin | -1.6% | -8.6% | -1.3% | -0.8% | 2.8% | 2.2% | -13.0% | -63.8% | -10.5% |
| Net margin | 0.4% | -3.1% | -1.5% | -0.0% | 3.8% | -3.1% | -11.0% | -55.5% | 15.8% |
Balance sheet
Fiscal years, from OSS's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $185,717 | $2M | $5M | $6M | $20M | $13M | $12M | $10M | $31M |
| Receivables | $5M | $11M | $12M | $7M | $5M | $11M | $8M | $4M | $12M |
| Inventory | $4M | $7M | $7M | $10M | $12M | $21M | $22M | $6M | $5M |
| Total current assets | $10M | $20M | $25M | $24M | $38M | $46M | $42M | $32M | $51M |
| Property, plant and equipment | $2M | $2M | $4M | $3M | $3M | $3M | $2M | $1M | $674,654 |
| Goodwill | $3M | $8M | $7M | $7M | $7M | $7M | $1M | $1M | — |
| Total assets | $17M | $36M | $40M | $39M | $52M | $56M | $48M | $37M | $53M |
| Total current liabilities | $10M | $9M | $11M | $8M | $10M | $11M | $7M | $8M | $6M |
| Long-term debt | — | — | $358,017 | $2M | — | $409,294 | — | — | — |
| Total liabilities | $10M | $9M | $11M | $10M | $10M | $12M | $9M | $10M | $7M |
| Shareholders' equity | $7M | $27M | $29M | $29M | $42M | $44M | $40M | $27M | $46M |
| Net debt | -$185,717 | -$2M | -$3M | -$652,733 | -$1M | $249,545 | -$4M | -$7M | -$31M |
Cash flow
Fiscal years, from OSS's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$381,766 | -$4M | $2M | -$250,173 | $6M | -$8M | -$439,679 | -$108,098 | -$7M |
| Capital spending | $425,482 | $623,166 | $2M | $820,336 | $563,815 | $529,908 | $821,753 | $228,258 | $114,596 |
| Free cash flow | -$807,248 | -$5M | -$11,359 | -$1M | $5M | -$8M | -$1M | -$336,356 | -$7M |
| Stock-based compensation | $160,062 | $527,335 | $649,469 | $724,378 | $2M | $2M | $2M | $2M | $2M |
| Free cash flow margin | -2.9% | -12.2% | -0.0% | -2.1% | 8.2% | -11.5% | -2.1% | -1.4% | -20.7% |
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Open OSS in InvestinglyQuestions
What was OSS's revenue in 2025?
$32M in fiscal 2025, from its 10-K filing.
How much free cash flow does OSS generate?
-$7M in fiscal 2025 (operating cash flow minus capital spending).
From OSS's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.