SGHT (SGHT) financial statements
SGHT reported revenue of $77M in fiscal 2025, up 22.9% a year over 5 years.
Net income was -$38M and the operating margin -48.0%, against -116.5% in 2020.
Free cash flow was -$30M.
The diluted share count rose 457% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SGHT's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $28M | $49M | $71M | $81M | $80M | $77M |
| Cost of revenue | $9M | $9M | $12M | $12M | $12M | $11M |
| Gross profit | $18M | $40M | $59M | $69M | $68M | $67M |
| Research and development | $9M | $16M | $23M | $18M | $18M | $15M |
| Selling, general and admin | $42M | $76M | $120M | $109M | $101M | $89M |
| Operating income | -$32M | -$51M | -$84M | -$57M | -$51M | -$37M |
| Interest expense | $2M | $4M | $4M | $5M | $5M | $5M |
| Pre-tax income | -$35M | -$63M | -$86M | -$55M | -$51M | -$38M |
| Income tax | $61,000 | $188,000 | $47,000 | $110,000 | $236,000 | $10,000 |
| Net income | -$35M | -$63M | -$86M | -$56M | -$52M | -$38M |
| EPS (diluted) | -$3.71 | -$2.36 | -$1.80 | -$1.14 | -$1.03 | -$0.74 |
| Diluted shares | 9M | 27M | 48M | 49M | 50M | 52M |
| Gross margin | 66.7% | 82.4% | 82.7% | 85.3% | 85.5% | 86.2% |
| Operating margin | -116.5% | -105.2% | -117.7% | -70.7% | -63.3% | -48.0% |
| Net margin | -125.5% | -128.6% | -120.9% | -68.5% | -64.5% | -49.7% |
Balance sheet
Fiscal years, from SGHT's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $62M | $261M | $185M | $138M | $120M | $92M |
| Receivables | $5M | $9M | $15M | $14M | $11M | $10M |
| Inventory | $3M | $3M | $6M | $8M | $6M | $8M |
| Total current assets | $71M | $277M | $210M | $163M | $140M | $113M |
| Property, plant and equipment | $1M | $1M | $2M | $2M | $2M | $2M |
| Total assets | $73M | $280M | $213M | $167M | $143M | $115M |
| Total current liabilities | $9M | $14M | $18M | $12M | $15M | $11M |
| Long-term debt | $32M | $33M | $33M | $32M | $39M | $40M |
| Total liabilities | $44M | $48M | $53M | $46M | $55M | $51M |
| Shareholders' equity | -$89M | $232M | $160M | $120M | $88M | $64M |
| Net debt | -$30M | -$228M | -$152M | -$104M | -$81M | -$52M |
Cash flow
Fiscal years, from SGHT's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$32M | -$53M | -$76M | -$47M | -$22M | -$30M |
| Capital spending | $953,000 | $813,000 | $970,000 | $791,000 | $385,000 | $224,000 |
| Free cash flow | -$33M | -$53M | -$77M | -$48M | -$23M | -$30M |
| Stock-based compensation | $497,000 | $5M | $13M | $15M | $17M | $13M |
| Net borrowing | $20M | $0 | — | — | — | — |
| Free cash flow margin | -119.9% | -109.0% | -107.9% | -59.2% | -28.5% | -38.7% |
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Open SGHT in InvestinglyQuestions
What was SGHT's revenue in 2025?
$77M in fiscal 2025, from its 10-K filing.
How much free cash flow does SGHT generate?
-$30M in fiscal 2025 (operating cash flow minus capital spending).
From SGHT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.