SLGL (SLGL) financial statements
SLGL reported revenue of $4M in fiscal 2025, up 47.0% a year over 8 years.
Net income was -$6M.
Free cash flow was $275,000.
The diluted share count rose 343% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SLGL's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $174,000 | $129,000 | $23M | $9M | $3M | $0 | $2M | $4M | $4M |
| Research and development | $17M | $26M | $28M | $41M | $28M | $20M | $13M | $24M | $18M | $23M |
| Selling, general and admin | $4M | $6M | $6M | $8M | $11M | $8M | $7M | $7M | $6M | $4M |
| Operating income | -$21M | -$32M | -$34M | -$26M | -$30M | $3M | -$16M | -$29M | -$12M | -$8M |
| Pre-tax income | — | -$32M | -$32M | -$25M | -$29M | $3M | — | — | — | — |
| Income tax | — | — | — | $33,000 | $0 | $0 | — | $0 | $0 | $0 |
| Net income | -$21M | -$32M | -$32M | -$25M | -$29M | $3M | -$15M | -$27M | -$11M | -$6M |
| EPS (diluted) | $33.00 | $50.20 | $18.00 | -$12.60 | -$13.00 | $1.40 | -$6.50 | -$10.01 | -$3.79 | -$2.19 |
| Diluted shares | 1M | 1M | 2M | 2M | 2M | 2M | 2M | 3M | 3M | 3M |
| Operating margin | — | -18179.9% | -25985.3% | -113.9% | -348.6% | 89.7% | — | -1885.8% | -316.2% | -198.4% |
| Net margin | — | -18142.5% | -24963.6% | -108.1% | -337.7% | 97.5% | — | -1752.8% | -278.4% | -161.2% |
Balance sheet
Fiscal years, from SLGL's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $7M | $5M | $62M | $50M | $29M | $22M | $21M | $28M | $24M | $24M |
| Receivables | — | — | — | $4M | $2M | $13M | $62,000 | $377,000 | $4M | $2M |
| Total current assets | $8M | $11M | $66M | $56M | $53M | $57M | $43M | $41M | $31M | $27M |
| Property, plant and equipment | $798,000 | $2M | $3M | $2M | $2M | $1M | $660,000 | $434,000 | $202,000 | $140,000 |
| Total assets | $11M | $15M | $70M | $61M | $59M | $69M | $47M | $45M | $36M | $30M |
| Total current liabilities | $42M | $67M | $5M | $7M | $6M | $12M | $3M | $5M | $5M | $6M |
| Total liabilities | $42M | $68M | $6M | $9M | $8M | $14M | $4M | $7M | $7M | $7M |
| Shareholders' equity | -$31M | -$53M | $64M | $52M | $51M | $56M | $42M | $39M | $29M | $23M |
| Net debt | -$7M | -$5M | -$5M | -$9M | -$7M | -$20M | -$12M | -$8M | -$19M | -$11M |
Cash flow
Fiscal years, from SLGL's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$18M | -$24M | -$23M | -$22M | -$25M | -$8M | -$9M | -$18M | -$14M | $322,000 |
| Capital spending | $385,000 | $2M | $1M | $597,000 | $449,000 | $143,000 | $171,000 | $134,000 | $2,000 | $47,000 |
| Free cash flow | -$19M | -$26M | -$25M | -$23M | -$26M | -$8M | -$10M | -$18M | -$14M | $275,000 |
| Stock-based compensation | $952,000 | $4M | $5M | $3M | $1M | $687,000 | $2M | $2M | $786,000 | $82,000 |
| Free cash flow margin | — | -14950.6% | -19007.0% | -101.4% | -296.2% | -237.2% | — | -1149.5% | -365.6% | 7.2% |
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Open SLGL in InvestinglyQuestions
What was SLGL's revenue in 2025?
$4M in fiscal 2025, from its 10-K filing.
How much free cash flow does SLGL generate?
$275,000 in fiscal 2025 (operating cash flow minus capital spending).
From SLGL's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.