SABS (SABS) financial statements
SABS reported revenue of $0 in fiscal 2025, down 60.7% a year over 4 years.
Net income was $13M.
Free cash flow was -$46M.
The diluted share count rose 2171% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SABS's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $55M | $61M | $24M | $2M | $1M | $0 |
| Research and development | $28M | $57M | $36M | $17M | $30M | $34M |
| Selling, general and admin | $7M | $17M | $16M | $24M | $14M | $15M |
| Operating income | $21M | -$13M | -$29M | -$38M | -$43M | -$49M |
| Interest expense | $469,151 | $294,459 | $301,584 | $315,284 | $318,401 | $240,664 |
| Pre-tax income | $20M | -$17M | -$19M | -$42M | — | $13M |
| Income tax | $0 | $0 | $25,629 | $0 | $0 | $0 |
| Net income | $20M | -$17M | -$19M | -$42M | -$34M | $13M |
| EPS (diluted) | $7.40 | -$6.30 | -$4.31 | -$7.64 | -$3.68 | -$0.79 |
| Diluted shares | 3M | 3M | 4M | 6M | 9M | 61M |
| Operating margin | 37.2% | -22.0% | -121.0% | -1700.6% | -3244.9% | — |
| Net margin | 36.4% | -28.2% | -78.4% | -1884.5% | -2579.0% | — |
Balance sheet
Fiscal years, from SABS's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $13M | $40M | $15M | $57M | $21M | $97M |
| Receivables | $21M | $8M | $6M | $0 | — | — |
| Total current assets | $34M | $50M | $22M | $59M | $24M | $101M |
| Property, plant and equipment | $15M | $24M | $23M | $20M | $15M | $13M |
| Total assets | $57M | $81M | $51M | $84M | $44M | $173M |
| Total current liabilities | $11M | $26M | $15M | $11M | $8M | $11M |
| Total liabilities | $18M | $43M | $20M | $27M | $18M | $21M |
| Shareholders' equity | $39M | $39M | $31M | $57M | $26M | $151M |
| Net debt | -$13M | -$33M | -$15M | -$57M | -$9M | -$11M |
Cash flow
Fiscal years, from SABS's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | $10M | $2M | -$23M | -$25M | -$34M | -$45M |
| Capital spending | $13M | $11M | $2M | $197,154 | $337,262 | $933,156 |
| Free cash flow | -$3M | -$9M | -$26M | -$25M | -$35M | -$46M |
| Stock-based compensation | $1M | $2M | $3M | $2M | $3M | $5M |
| Free cash flow margin | -4.9% | -14.7% | -107.2% | -1130.7% | -2618.6% | — |
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Open SABS in InvestinglyQuestions
What was SABS's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
How much free cash flow does SABS generate?
-$46M in fiscal 2025 (operating cash flow minus capital spending).
From SABS's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.