TKNO (TKNO) financial statements
TKNO reported revenue of $41M in fiscal 2025, up 5.3% a year over 5 years.
Net income was -$17M and the operating margin -41.9%, against 14.9% in 2020.
Free cash flow was -$10M.
The diluted share count rose 1307% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from TKNO's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $31M | $37M | $41M | $37M | $38M | $41M |
| Cost of revenue | $14M | $19M | $24M | $26M | $31M | $27M |
| Gross profit | $18M | $18M | $17M | $10M | $7M | $13M |
| Research and development | $2M | $4M | $8M | $6M | $3M | $2M |
| Selling, general and admin | $10M | $24M | $37M | $35M | $29M | $27M |
| Operating income | $5M | -$12M | -$50M | -$36M | -$26M | -$17M |
| Pre-tax income | $5M | -$13M | -$49M | -$37M | -$27M | -$17M |
| Income tax | $1M | -$3M | -$2M | -$298,000 | -$88,000 | $58,000 |
| Net income | $4M | -$10M | -$47M | -$37M | -$27M | -$17M |
| EPS (diluted) | $0.16 | -$0.61 | -$1.69 | -$1.16 | -$0.57 | -$0.32 |
| Diluted shares | 4M | 16M | 28M | 32M | 47M | 53M |
| Gross margin | 56.7% | 47.8% | 42.2% | 28.1% | 19.2% | 33.2% |
| Operating margin | 14.9% | -32.5% | -119.9% | -96.9% | -69.3% | -41.9% |
| Net margin | 11.4% | -26.6% | -114.6% | -100.3% | -70.9% | -42.6% |
Balance sheet
Fiscal years, from TKNO's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $5M | $88M | $42M | $28M | $30M | $21M |
| Receivables | $5M | $5M | $4M | $4M | $4M | $5M |
| Inventory | $4M | $5M | $12M | $12M | $7M | $7M |
| Total current assets | $16M | $101M | $61M | $46M | $43M | $35M |
| Property, plant and equipment | $10M | $30M | $52M | $50M | $46M | $42M |
| Goodwill | $17M | $17M | $0 | — | — | — |
| Total assets | $63M | $167M | $152M | $129M | $119M | $104M |
| Total current liabilities | $4M | $8M | $11M | $9M | $11M | $8M |
| Long-term debt | — | — | $22M | $13M | — | — |
| Total liabilities | $11M | $23M | $52M | $39M | $36M | $35M |
| Shareholders' equity | $17M | $143M | $100M | $90M | $82M | $69M |
| Net debt | -$3M | -$88M | -$20M | -$15M | $337,000 | -$6M |
Cash flow
Fiscal years, from TKNO's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | $3M | -$9M | -$27M | -$19M | -$12M | -$9M |
| Capital spending | $5M | $20M | $28M | $8M | $1M | $1M |
| Free cash flow | -$3M | -$29M | -$56M | -$27M | -$14M | -$10M |
| Stock-based compensation | $300,000 | $2M | $4M | $4M | $4M | $3M |
| Net borrowing | -$45,000 | $12M | $10M | -$10M | $0 | — |
| Free cash flow margin | -9.5% | -78.5% | -134.1% | -72.9% | -35.8% | -24.2% |
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Open TKNO in InvestinglyQuestions
What was TKNO's revenue in 2025?
$41M in fiscal 2025, from its 10-K filing.
How much free cash flow does TKNO generate?
-$10M in fiscal 2025 (operating cash flow minus capital spending).
From TKNO's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.