UNCY (UNCY) financial statements
Net income was -$27M.
Free cash flow was -$31M.
The diluted share count rose 1769% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from UNCY's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | $951,000 | $675,000 | — | — |
| Research and development | $1M | $6M | $12M | $13M | $20M | $9M |
| Selling, general and admin | $58,000 | $245,000 | $383,000 | $9M | $12M | $20M |
| Operating income | -$2M | -$9M | -$18M | -$21M | -$32M | -$30M |
| Interest expense | $244,000 | $628,000 | $6,000 | $82,000 | $71,000 | $71,000 |
| Net income | -$2M | -$10M | -$18M | -$31M | -$37M | -$27M |
| EPS (diluted) | -$2.70 | -$8.60 | -$12.00 | -$12.80 | -$5.65 | -$1.67 |
| Diluted shares | 1M | 1M | 2M | 2M | 7M | 16M |
| Operating margin | — | — | -1898.2% | -3077.6% | — | — |
| Net margin | — | — | -1898.8% | -4525.0% | — | — |
Balance sheet
Fiscal years, from UNCY's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | — | $17M | $455,000 | $10M | $26M | $41M |
| Inventory | — | $2M | $2M | — | — | — |
| Total current assets | $204,000 | $18M | $3M | $13M | $31M | $49M |
| Property, plant and equipment | — | $28,000 | $22,000 | $26,000 | $75,000 | $66,000 |
| Total assets | $204,000 | $19M | $3M | $14M | $32M | $49M |
| Total current liabilities | $3M | $2M | $3M | $18M | $24M | $19M |
| Total liabilities | $3M | $2M | $3M | $18M | $24M | $19M |
| Shareholders' equity | -$3M | $16M | -$466,000 | -$4M | $7M | $30M |
| Net debt | — | -$17M | -$455,000 | -$10M | -$26M | -$29M |
Cash flow
Fiscal years, from UNCY's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$1M | -$6M | -$16M | -$18M | -$29M | -$31M |
| Capital spending | — | $29,000 | $2,000 | $12,000 | $72,000 | $24,000 |
| Free cash flow | — | -$6M | -$16M | -$18M | -$29M | -$31M |
| Stock-based compensation | $232,000 | $966,000 | $1M | $2M | $2M | $3M |
| Dividends paid | — | — | — | $900,000 | $1M | — |
| Free cash flow margin | — | — | -1646.0% | -2710.4% | — | — |
| Dividends per share | — | — | — | $0.37 | $0.16 | — |
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How much free cash flow does UNCY generate?
-$31M in fiscal 2025 (operating cash flow minus capital spending).
From UNCY's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.