Brightline Interactive Inc
BTLNTechnology·Software - Infrastructure·USA·Nano·NASD·Nov 11 • 1:40 PM ET
3.91+0.24 (6.54%)
2026-11-11 20:02 CET
Market cap
10.77 USD m
Revenue, TTM
0.32 USD m
Net income, TTM
-16.63 USD m
Free cash flow, TTM
-4.31 USD m
EPS diluted, TTM
-6.29
P/E
-
Price
BTLN against its 20, 50 and 200-day averages2050200earnings
65.8% under the 52-week high of 11.44 on 12 Nov 2025. 52-week low 2.84 on 26 Oct 2026. Last 15 sessions, 51.0% high to low
Profile
BTLN52-week range, 12% of the way up
2.8411.44
Brightline Interactive, Inc. operates as a technology development company, which engages in the provision of virtual and augmented reality, and spatial computing software and services. The company was founded by Lyron L. Bentovim, Maydan Rothblum, and David J. Smith on June 15, 2016 and is headquartered in Ashburn, VA.
| Employees | 19 |
|---|---|
| IPO | Jul 01, 2021 |
| Beta | 1.00 |
| ATR, 14d | 0.57 |
| Rel volume | 0.99 |
| Short float | 3.42% |
| Insider own | 37.87% |
| Inst own | 8.12% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 11.47M |
| Enterprise Value | 9.48M |
| Income | -15.00M |
| Sales | 6.85M |
| Book/sh | 1.03 |
| Cash/sh | 0.73 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 19 |
| IPO | Jul 01, 2021 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 1.68 |
| P/B | 3.81 |
| P/C | 5.34 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 1.38 |
| Quick Ratio | 3.42 |
| Current Ratio | 3.42 |
| Debt/Eq | 0.06 |
| LT Debt/Eq | 0.00 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -5.70 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | 27.34% -5.85% |
| Sales past 3/5Y | -71.17% -37.63% |
| EPS Y/Y TTM | -105.80% |
| Sales Y/Y TTM | -21.73% |
| EPS Q/Q | -741.20% |
| Sales Q/Q | -53.77% |
| Earnings | May 14 AMC |
| EPS/Sales Surpr. | - - |
Ownership
| Insider Own | 37.87% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 8.12% |
| Inst Trans | 0.15% |
| ROA | -125.04% |
| ROE | -154.41% |
| ROIC | -551.91% |
| Gross Margin | 63.79% |
| Oper. Margin | -66.49% |
| Profit Margin | -218.91% |
| SMA20 | 9.01% |
| SMA50 | -20.42% |
| SMA200 | -30.52% |
| Trades | - |
Technical
| Shs Outstand | 2.63M |
|---|---|
| Shs Float | 1.82M |
| Short Float | 3.42% |
| Short Ratio | 2.57 |
| Short Interest | 0.06M |
| 52W High | 11.44 -65.82% |
| 52W Low | 2.84 37.64% |
| Volatility | 18.68% 13.51% |
| ATR (14) | 0.57 |
| RSI (14) | 47.99 |
| Beta | 1.00 |
| Rel Volume | 0.99 |
| Avg Volume | 24.25K |
| Volume | 17,047 |
Performance
| Perf Week | 13.83% |
|---|---|
| Perf Month | -25.88% |
| Perf Quarter | -45.57% |
| Perf Half Y | -15.41% |
| Perf YTD | -47.22% |
| Perf Year | -62.97% |
| Perf 3Y | -59.27% |
| Perf 5Y | -96.41% |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 20.96 |
| Prev Close | 3.67 |
| Price | 3.91 |
| Change % | 6.54% |
Peers
Mkt capHeld by
AUMNews
latest 14 of 198- Brightline Interactive Regains Compliance with Nasdaq Minimum Bid Price Requirement (ACCESSWIRE)
- Brightline Interactive to Attend the 2026 Maxim Growth Summit (ACCESSWIRE) -5.76%
- Brightline Interactive Closes Strategic Investment Led by Drone Executive Allan Evans (ACCESSWIRE)
- What Needs To Be True To Buy Twilio Stock Now? (Trefis)
- Morgan Stanley public finance co-head Zach Solomon leaves for TD - Bloomberg (Investing.com)
- Brightline Interactive Secures Strategic Investment Led by Drone Executive Allan Evans (ACCESSWIRE)
- Should You Trim Or Add To Your BlackBerry Position Now? (Trefis) +6.75%
- Brightline Interactive Announces Reverse Stock Split of the Company's Common Stock to Regain Compliance with Nasdaq Bid Price Requirement (ACCESSWIRE)
- Brightline Interactive Requests Hearing Before Nasdaq Hearings Panel to Appeal Nasdaq Staff Determination Letter (ACCESSWIRE)
- Brightline Interactive Signs Memorandum of Understanding with George Mason University to Advance Brightline's SpatialCore Platform and Physical AI Research (ACCESSWIRE)
- Brightline Interactive Signs Teaming Agreement with CSCI to Support Unmanned Aircraft and eVTOLs for LIFTOff Louisiana, a Test Site Under the FAA eIPP (ACCESSWIRE)
- Brightline Interactive, Inc. (NASDAQ:BTLN), Formerly The Glimpse Group, Inc. (NASDAQ:GGRP), Begins Trading Under New Ticker "BTLN" (ACCESSWIRE) +15.05%
- Glimpse Group to Complete Corporate Rebrand to Brightline Interactive and Change Nasdaq Ticker to "BTLN" (ACCESSWIRE)
- The Glimpse Group Sharpens Focus as a Pureplay Physical AI Company With Strategic Divestment (ACCESSWIRE) -6.60%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-05-14 | -4.800 | - | - | 0.66 | - | - |
| 2026Q2 | 2026-02-17 | -0.480 | -0.240 | -0.465 | 1.30 | 2.00 | 1 |
| 2026Q1 | 2025-11-13 | -0.400 | -0.480 | -0.392 | 1.40 | 1.50 | 1 |
| 2025Q4 | 2025-09-30 | 0.000 | 0.000 | -0.024 | 3.50 | 3.60 | 1 |
| 2025Q3 | 2025-05-15 | -0.560 | -0.160 | -0.572 | 1.42 | 1.50 | 1 |
| 2025Q2 | 2025-02-13 | 0.000 | -0.320 | 0.009 | 3.17 | 3.10 | 1 |
| 2025Q1 | 2024-11-14 | -0.480 | -0.480 | -0.447 | 2.44 | 2.60 | 1 |
| 2024Q4 | 2024-09-30 | -1.920 | -0.640 | -1.760 | 1.70 | 2.00 | 1 |
| 2024Q3 | 2024-05-15 | -0.720 | -0.800 | -0.718 | 1.90 | 2.10 | 1 |
| 2024Q2 | 2024-02-14 | -0.320 | -1.040 | -0.354 | 2.08 | 1.30 | 1 |
| 2024Q1 | 2023-11-14 | -0.080 | -1.160 | -0.065 | 3.10 | 3.90 | 2 |
| 2023Q4 | 2023-09-28 | -10.720 | -1.120 | -10.484 | 2.90 | 4.00 | 1 |
| 2023Q3 | 2023-05-15 | -3.040 | - | -3.031 | 3.67 | - | - |
| 2023Q2 | 2023-02-14 | 0.560 | - | 0.543 | 2.95 | - | - |
| 2023Q1 | 2022-11-14 | -3.200 | - | -3.234 | 3.95 | - | - |
| 2022Q3 | 2022-05-17 | -1.120 | - | -1.112 | 2.05 | - | - |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2022FY | -4.080 | -2.160 | -4.069 | 7.27 | 14.00 |
| 2023FY | -16.400 | -5.920 | -16.405 | 13.50 | 14.57 |
| 2024FY | -3.040 | -2.960 | -3.067 | 8.80 | 9.10 |
| 2025FY | -1.040 | -0.640 | - | 10.53 | 10.70 |
| 2026FY | - | -0.640 | -6.293 | - | 10.00 |
| 2027FY | - | 0.640 | - | - | 17.20 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-02-17 | 1 | 0 | 0 | 3.50 | 3.50 | 3.50 |
| 2026Q4 | S | 2026-01-28 | 1 | 0 | 0 | 3.50 | 3.50 | 3.50 |
| 2026Q4 | S | 2025-11-14 | 1 | 0 | 1 | 3.50 | 3.50 | 3.50 |
| 2026Q4 | S | 2025-11-11 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-10 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-09 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-08 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-07 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-06 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-05 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-04 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-03 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-02 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
| 2026Q4 | S | 2025-11-01 | 1 | 1 | 0 | 4.00 | 4.00 | 4.00 |
Estimate history
| EPS, annual | -4.335 | -3.882 | -4.735 | -4.069 | -16.405 | -3.067 | -1.04 | -6.293 | |
|---|---|---|---|---|---|---|---|---|---|
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
| EPS, quarterly | -0.718 | -1.76 | -0.447 | 0.009 | -0.572 | -0.024 | -0.392 | -0.465 | -4.814 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Sales, annual | 0.983 | 1.945 | 3.421 | 7.268 | 13.482 | 8.804 | 5.267 | 0.323 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
| Sales, quarterly | 1.896 | 1.727 | 2.438 | 3.169 | 1.422 | 3.498 | 1.399 | 1.3 | 0.657 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Shares, annual | 1.286 | 1.286 | 1.286 | 1.593 | 1.838 | 2.27 | 2.632 | 2.712 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
| Shares, quarterly | 2.268 | 2.27 | 2.271 | 2.534 | 2.63 | 2.632 | 2.633 | 2.635 | 2.635 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2026FY | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.32 | 0.32 | 5.27 | 8.80 | 13.48 | 7.27 | 3.42 | 1.95 | 0.98 |
| Cost of Goods Sold Incl. D&A | 0.16 | 0.16 | 2.35 | 4.18 | 6.31 | 1.24 | 1.46 | 1.14 | 0.42 |
| Gross Profit | 0.16 | 0.16 | 2.92 | 4.62 | 7.17 | 6.03 | 1.96 | 0.81 | 0.56 |
| Selling, General and Administrative Excl. Other | 5.16 | 5.16 | 4.19 | 12.57 | 21.04 | 14.23 | 6.67 | 5.73 | 6.14 |
| Research and Development | 2.33 | 2.33 | 1.10 | 5.46 | 8.79 | 6.16 | 3.18 | 2.43 | 2.57 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -5.00 | -5.00 | -1.27 | -7.95 | -13.87 | -8.20 | -4.71 | -4.92 | -5.58 |
| Non-Operating Income (Expense) | 0.14 | 0.14 | 0.19 | 0.22 | 0.24 | 0.03 | 0.02 | 0.01 | 0.01 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.08 | - |
| Unusual Expense | 10.57 | 10.57 | 0.14 | -1.33 | 14.94 | -2.21 | 1.22 | 0.00 | 0.00 |
| Net Income Before Taxes | -15.43 | -15.43 | -1.22 | -6.39 | -28.56 | -5.97 | -6.09 | -4.99 | -5.58 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -15.43 | -15.43 | -1.22 | -6.39 | -28.56 | -5.97 | -6.09 | -4.99 | -5.58 |
| Net Income From Continuing Operations | -15.43 | -15.43 | -1.22 | -6.39 | -28.56 | -5.97 | -6.09 | -4.99 | -5.58 |
| Net Income | -16.63 | -16.63 | -2.55 | -6.39 | -28.56 | -5.97 | -6.09 | -4.99 | -5.58 |
| EPS (Recurring) | -3.49 | -3.49 | -1.00 | -3.51 | -10.40 | -5.12 | -4.07 | -3.88 | -4.33 |
| EPS (Basic, Before Extraordinaries) | -6.29 | -6.29 | -1.04 | -3.07 | -16.40 | -4.07 | -4.74 | -3.88 | -4.33 |
| EPS (Diluted) | -6.29 | -6.29 | -1.04 | -3.07 | -16.40 | -4.07 | -4.74 | -3.88 | -4.33 |
| EBITDA | -4.94 | -4.94 | -0.92 | -6.58 | -11.68 | -7.66 | -4.68 | -4.90 | -5.56 |
| Stock Option Compensation Expense | 0.74 | 0.74 | 0.62 | 1.61 | 3.29 | 2.80 | 2.95 | 2.55 | 2.91 |
| Price To Sales Ratio | 1.59 | 50.41 | 5.07 | 1.93 | 3.68 | 6.42 | - | - | - |
| Gross Margin | 63.79 | 49.83 | 55.41 | 52.49 | 53.19 | 82.92 | 57.29 | 41.54 | 56.78 |
| Operating Margin | -66.49 | -1,546.87 | -24.17 | -90.25 | -102.88 | -112.90 | -137.68 | -252.94 | -567.88 |
| Net Margin | -218.91 | -5,150.49 | -48.47 | -72.63 | -211.86 | -82.09 | -178.04 | -256.69 | -567.18 |
| Shares Outstanding | 2.63 | 2.71 | 2.63 | 2.27 | 1.84 | 1.59 | 1.29 | 1.29 | 1.29 |
| Market Capitalization | 10.77 | 10.77 | 28.64 | 18.50 | 52.34 | 50.74 | 49.82 | - | - |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.66 | 1.30 | 1.40 | 3.50 | 1.42 | 3.17 | 2.44 | 1.73 |
| Cost of Goods Sold Incl. D&A | 0.07 | 0.52 | 0.44 | 1.45 | 0.50 | 1.24 | 0.64 | 0.83 |
| Gross Profit | 0.58 | 0.78 | 0.96 | 2.05 | 0.92 | 1.92 | 1.80 | 0.90 |
| Selling, General and Administrative Excl. Other | 2.43 | 2.04 | 2.28 | 2.18 | 2.87 | 2.89 | 2.80 | 2.84 |
| Research and Development | 1.53 | 0.89 | 0.97 | 0.88 | 0.83 | 0.66 | 1.12 | 1.25 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -1.85 | -1.26 | -1.32 | -0.13 | -1.95 | -0.96 | -1.00 | -1.94 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unusual Expense | 10.86 | 0.00 | 0.02 | 0.01 | 0.03 | 0.03 | 0.03 | 2.09 |
| Net Income Before Taxes | -12.68 | -1.23 | -1.03 | -0.06 | -1.50 | 0.03 | -1.01 | -3.99 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -12.68 | -1.23 | -1.03 | -0.06 | -1.50 | 0.03 | -1.01 | -3.99 |
| Net Income From Continuing Operations | -12.68 | -1.23 | -1.03 | -0.06 | -1.50 | 0.03 | -1.01 | -3.99 |
| Net Income | -12.68 | -1.23 | -1.03 | -0.06 | -1.50 | 0.03 | -1.01 | -3.99 |
| EPS (Recurring) | -1.93 | -0.47 | -0.39 | -0.02 | -0.57 | 0.01 | -0.44 | -1.12 |
| EPS (Basic, Before Extraordinaries) | -4.81 | -0.47 | -0.39 | -0.02 | -0.57 | 0.01 | -0.45 | -1.76 |
| EPS (Diluted) | -4.81 | -0.47 | -0.39 | -0.02 | -0.57 | 0.01 | -0.45 | -1.76 |
| EBITDA | -1.84 | -1.24 | -1.26 | -0.01 | -1.83 | -0.85 | -0.85 | -1.62 |
| Non-Operating Income (Expense) | 0.02 | 0.04 | 0.30 | 0.08 | 0.47 | 1.02 | 0.02 | 0.04 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.14 | 0.31 | 0.24 | 0.26 | 0.24 | 0.08 | 0.36 | 0.42 |
| Price To Sales Ratio | 1.59 | 2.56 | 3.64 | 2.72 | 2.78 | 6.56 | 1.69 | 2.10 |
| Gross Margin | 88.84 | 60.04 | 68.36 | 58.64 | 64.65 | 60.73 | 73.72 | 52.18 |
| Operating Margin | -281.08 | -97.08 | -94.42 | -3.64 | -137.01 | -30.45 | -41.08 | -112.48 |
| Net Margin | -1,929.13 | -94.30 | -73.88 | -1.78 | -105.62 | 0.82 | -41.59 | -231.25 |
| Shares Outstanding | 2.63 | 2.63 | 2.63 | 2.63 | 2.63 | 2.53 | 2.27 | 2.27 |
| Market Capitalization | 10.77 | 19.52 | 34.55 | 28.64 | 24.41 | 50.07 | 13.73 | 18.50 |
Balance sheet, annual
| Metric | 2026FY | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 3.15 | 6.83 | 1.85 | 5.62 | 16.49 | 1.77 | 1.03 | 1.20 |
| Short Term Receivables | 0.06 | 0.16 | 0.89 | 1.61 | 1.33 | 0.63 | 0.21 | 0.13 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.31 | 1.14 | 0.78 | 0.56 | 0.48 | 0.75 | 0.47 | 0.39 |
| Total Current Assets | 3.52 | 8.13 | 3.52 | 7.79 | 18.30 | 3.15 | 1.72 | 1.72 |
| Net Property, Plant & Equipment | 0.16 | 0.15 | 0.62 | 0.89 | 0.25 | 0.04 | 0.04 | 0.03 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Note Receivable | - | - | - | 0.00 | 0.25 | - | - | - |
| Intangible Assets | 0.00 | 10.58 | 11.35 | 15.52 | 17.53 | 0.00 | 0.00 | 0.14 |
| Other Assets | 0.02 | 0.42 | 0.07 | 0.07 | 0.07 | 0.03 | 0.24 | 0.17 |
| Total Assets | 3.69 | 19.28 | 15.56 | 24.28 | 38.40 | 3.22 | 2.00 | 2.06 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.12 | 0.12 | 0.36 | 0.41 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | 0.04 | 0.04 | 0.18 | 0.46 | 0.34 | 0.38 | 0.12 | 0.04 |
| Other Current Liabilities | 0.62 | 2.18 | 1.88 | 7.26 | 3.90 | 1.96 | 0.45 | 0.48 |
| Total Current Liabilities | 0.78 | 2.34 | 2.43 | 8.13 | 4.24 | 2.34 | 0.57 | 0.52 |
| Long Term Debt | 0.00 | 0.00 | 0.18 | 0.42 | 0.00 | 2.05 | 1.73 | 0.07 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 1.41 | 4.50 | 5.34 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 0.78 | 2.34 | 4.02 | 13.05 | 9.58 | 4.39 | 2.30 | 0.59 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 2.91 | 16.94 | 11.54 | 11.22 | 28.82 | -1.17 | -0.31 | 1.47 |
| Total Shareholders Equity | 2.91 | 16.94 | 11.54 | 11.22 | 28.82 | -1.17 | -0.31 | 1.47 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 2.91 | 16.94 | 11.54 | 11.22 | 28.82 | -1.17 | -0.31 | 1.47 |
| Total Liabilities & Stockholders Equity | 3.69 | 19.28 | 15.56 | 24.28 | 38.40 | 3.22 | 2.00 | 2.06 |
| Book Value Per Share | 1.07 | 6.43 | 5.08 | 6.11 | 18.08 | -0.91 | -0.24 | 1.15 |
| Tangible Book Value Per Share | 1.07 | 2.41 | 0.09 | -2.34 | 7.08 | -0.91 | -0.24 | 1.04 |
| Full-Time Employees | 19 | 40 | 112 | 186 | 200 | 65 | 50 | - |
| Price to Book Ratio | 3.57 | 1.69 | 1.23 | 4.66 | 1.76 | 1.72 | - | - |
| Return on Assets | -134.34 | -7.01 | -32.10 | -91.15 | -28.67 | -233.48 | -246.00 | - |
| Return on Equity | -155.49 | -8.58 | -56.18 | -142.67 | -43.16 | - | -855.00 | - |
| Return on Invested Capital | -572.41 | -15.07 | -54.57 | -245.24 | -20.70 | -690.67 | -349.99 | -361.90 |
| Quick Ratio | 4.50 | 3.48 | 1.45 | 0.96 | 4.32 | 1.35 | 3.01 | 3.30 |
| Current Ratio | 4.50 | 3.48 | 1.45 | 0.96 | 4.32 | 1.35 | 3.01 | 3.30 |
Cash flow, annual
| Metric | TTM | 2026FY | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | -15.43 | -15.43 | -1.22 | -6.39 | -28.56 | -5.97 | -6.09 | -4.99 | -5.58 |
| Depreciation | 0.05 | 0.05 | 0.35 | 1.36 | 2.19 | 0.54 | 0.03 | 0.02 | 0.02 |
| Deferred Taxes & Investment Tax Credit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Funds (Non Cash) | 10.90 | 10.90 | 0.34 | 0.28 | 19.63 | 0.88 | 3.34 | 3.00 | 3.39 |
| Funds from Operations | -4.48 | -4.48 | -0.53 | -4.75 | -6.74 | -4.55 | -2.72 | -1.97 | -2.16 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.19 | 0.19 | 0.26 | -0.46 | -2.42 | -0.39 | 1.51 | -0.06 | 0.02 |
| Cash from Operating Activities | -4.29 | -4.29 | -0.27 | -5.21 | -9.16 | -4.94 | -1.21 | -2.02 | -2.14 |
| Capital Expenditures | -0.02 | -0.02 | -0.02 | -0.03 | -0.15 | -0.20 | -0.03 | -0.03 | -0.02 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | -2.63 | -4.62 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | -0.24 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.24 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | -1.50 | -1.50 | -1.52 | -1.50 | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.20 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -1.32 | -1.32 | -1.54 | -1.53 | -3.53 | -5.06 | -0.03 | -0.03 | -0.02 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 1.77 | 1.77 | 6.96 | 0.00 | 0.07 | 26.73 | 0.35 | 0.01 | 2.01 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 1.77 | 1.77 | 6.96 | 0.00 | 0.07 | 26.73 | 0.35 | 0.01 | 2.01 |
| Proceedsfrom Stock Options | 1.77 | 1.77 | 6.79 | 0.00 | 0.00 | 25.40 | 0.35 | 0.01 | 2.01 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.25 | 2.10 | 1.88 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.25 | 2.10 | 1.88 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.10 | 1.88 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.25 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.16 | 0.16 | -0.16 | 2.97 | 0.00 | 0.00 | -0.47 | 0.00 | 0.03 |
| Other Financing Activities Uses | 0.00 | 0.00 | -0.16 | 0.00 | 0.00 | 0.00 | -0.47 | 0.00 | 0.00 |
| Cash from Financing Activities | 1.93 | 1.93 | 6.80 | 2.97 | 0.07 | 26.48 | 1.97 | 1.89 | 2.04 |
| Net Change in Cash | -3.69 | -3.69 | 4.98 | -3.77 | -12.63 | 16.48 | 0.74 | -0.17 | -0.12 |
| Free Cash Flow | -4.31 | -4.31 | -0.30 | -5.24 | -9.31 | -5.14 | -1.24 | -2.06 | -2.16 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 2.15 | 3.34 | 5.56 | 6.83 | 7.06 | 8.45 |
| Short Term Receivables | 0.71 | 0.67 | 0.79 | 1.00 | 1.35 | 1.74 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.67 | 0.33 | 0.56 | 0.29 | 0.58 | 0.68 |
| Total Current Assets | 3.54 | 4.34 | 6.91 | 8.12 | 8.99 | 10.86 |
| Net Property, Plant & Equipment | 0.20 | 0.25 | 0.14 | 0.18 | 0.23 | 0.26 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 0.00 | 10.86 | 10.87 | 10.92 | 11.02 | 11.12 |
| Other Assets | 0.01 | 0.57 | 0.43 | 0.06 | 0.01 | 0.01 |
| Total Assets | 3.75 | 16.02 | 18.35 | 19.28 | 20.24 | 22.25 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.15 | 0.15 | 0.09 | 0.13 | 0.15 | 0.14 |
| Accounts Payable | 0.22 | 0.09 | 0.16 | 0.23 | 0.05 | 0.30 |
| Other Current Liabilities | 0.67 | 0.48 | 1.95 | 1.98 | 3.30 | 3.84 |
| Total Current Liabilities | 1.04 | 0.72 | 2.20 | 2.34 | 3.50 | 4.28 |
| Long Term Debt | 0.01 | 0.05 | 0.00 | 0.00 | 0.02 | 0.06 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.05 | 0.77 | 2.20 | 2.34 | 3.52 | 4.34 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 2.71 | 15.25 | 16.15 | 16.94 | 16.73 | 17.92 |
| Total Shareholders Equity | 2.71 | 15.25 | 16.15 | 16.94 | 16.73 | 17.92 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 2.71 | 15.25 | 16.15 | 16.94 | 16.73 | 17.92 |
| Total Liabilities & Stockholders Equity | 3.75 | 16.02 | 18.35 | 19.28 | 20.24 | 22.25 |
| Book Value Per Share | 1.03 | 5.79 | 6.13 | 6.43 | 6.36 | 7.07 |
| Tangible Book Value Per Share | 1.03 | 1.67 | 2.01 | 2.29 | 2.17 | 2.68 |
| Full-Time Employees | - | - | - | 40 | - | - |
| Price to Book Ratio | 3.57 | 1.28 | 2.14 | 1.69 | 1.46 | 2.79 |
| Return on Assets | -125.04 | -19.98 | -15.35 | -14.65 | -31.75 | -29.44 |
| Return on Equity | -154.41 | -23.05 | -19.02 | -17.93 | -40.76 | -39.89 |
| Return on Invested Capital | -466.53 | -8.01 | -6.40 | -0.37 | -8.97 | 0.14 |
| Quick Ratio | 3.42 | 6.04 | 3.15 | 3.47 | 2.57 | 2.54 |
| Current Ratio | 3.42 | 6.04 | 3.15 | 3.47 | 2.57 | 2.54 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Net Income | -12.68 | -1.23 | -1.03 | -0.06 | -1.50 | 0.03 |
| Depreciation | 0.01 | 0.02 | 0.06 | 0.12 | 0.12 | 0.12 |
| Other Funds (Non Cash) | 10.75 | 0.56 | 0.02 | 0.28 | 0.34 | -0.00 |
| Funds from Operations | -1.92 | -0.64 | -0.95 | 0.34 | -1.04 | 0.14 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.48 | -0.09 | -0.34 | -0.49 | 1.17 | 0.03 |
| Cash from Operating Activities | -1.44 | -0.74 | -1.29 | -0.15 | 0.13 | 0.17 |
| Capital Expenditures | -0.00 | -0.01 | -0.01 | -0.00 | -0.02 | -0.02 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | -1.50 | 0.00 | 0.00 | -1.50 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 0.20 | -1.51 | -0.01 | -0.00 | -1.52 | -0.02 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.96 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.96 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.79 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.05 | 0.03 | 0.03 | -0.08 | 0.00 | -0.08 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | -0.10 | 0.00 | -0.08 |
| Cash from Financing Activities | 0.05 | 0.03 | 0.03 | -0.08 | 0.00 | 6.88 |
| Net Change in Cash | -1.19 | -2.22 | -1.27 | -0.23 | -1.39 | 7.03 |
| Free Cash Flow | -1.45 | -0.75 | -1.30 | -0.15 | 0.11 | 0.15 |
Revenue breakdown
| Royalty Income | 2025: 27.70K 2026: 67.25K |
|---|---|
| Software License | 2025: 1.54K |
| Software Services | 2025: 5.24M 2026: 255.73K |
| United States | 2025: 5.27M 2026: 322.98K |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 3.42% | 0.1M | 1.8M | 22.42K |
| 2026-10-15 | 4.70% | 0.1M | 1.7M | 23.96K |
| 2026-09-30 | 4.46% | 0.1M | 1.7M | 20.49K |
| 2026-09-15 | 2.27% | 0.0M | 1.9M | 17.31K |
| 2026-08-31 | 2.15% | 0.0M | 1.9M | 17.42K |
| 2026-07-31 | 2.25% | 0.0M | 1.9M | 41.31K |
| 2026-07-15 | 2.27% | 0.0M | 1.9M | 39.31K |
| 2026-06-30 | 2.38% | 0.0M | 1.9M | 38.57K |
| 2026-06-15 | 1.72% | 0.0M | 1.9M | 34.98K |
| 2026-05-29 | 1.92% | 0.0M | 1.9M | 33.65K |
| 2026-05-15 | 6.91% | 0.1M | 1.9M | 47.91K |
| 2026-04-30 | 1.70% | 0.0M | 1.9M | 29.45K |
| 2026-04-15 | 2.86% | 0.1M | 1.9M | 31.61K |
| 2026-03-31 | 2.64% | 0.0M | 1.9M | 34.89K |
| 2026-03-13 | 2.89% | 0.1M | 1.9M | 37.95K |
| 2026-02-27 | 3.63% | 0.1M | 1.9M | 38.45K |
| 2026-01-30 | 1.18% | 0.0M | 1.9M | 17.79K |
| 2026-01-15 | 1.51% | 0.0M | 1.9M | 18.03K |
| 2025-12-31 | 2.45% | 0.0M | 1.9M | 19.92K |
| 2025-12-15 | 1.25% | 0.0M | 1.9M | 23.04K |
Option chain
expiry 2026-12-18| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 5.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| put | 5.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-10-29 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-10-29 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-19 | SEC |
| 2026-10-26 | ARS | Annual report to security holders. | 2026-06-30 | SEC |
| 2026-10-26 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-10-26 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-10-26 | SEC |
| 2026-10-23 | S-3 | Registration statement for specified transactions by certain issuers including face-amount certificate companies | SEC | |
| 2026-10-23 | 8-K | Current report | 2026-10-19 | SEC |
| 2026-10-14 | 8-K | Current report | 2026-10-12 | SEC |
| 2026-10-13 | 8-K | Current report | 2026-10-06 | SEC |
| 2026-10-07 | D | Notice of sales of securities on Form D (Regulation D) | SEC | |
| 2026-10-01 | SCHEDULE 13G | SEC | ||
| 2026-10-01 | 8-K | Current report | 2026-10-01 | SEC |
| 2026-09-28 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-09-24 | 8-K | Current report | 2026-09-23 | SEC |
| 2026-09-23 | 8-K | Current report | 2026-09-21 | SEC |
| 2026-09-11 | 8-K | Current report | 2026-09-11 | SEC |
| 2026-08-19 | 8-K | Current report | 2026-08-17 | SEC |
| 2026-08-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-10 | SEC |
| 2026-08-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-10 | SEC |
| 2026-08-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-10 | SEC |
| 2026-08-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-10 | SEC |
| 2026-08-05 | SCHEDULE 13G/A | SEC | ||
| 2026-07-30 | 4 | Statement of changes in beneficial ownership of securities | 2025-01-01 | SEC |
| 2026-07-27 | 4 | Statement of changes in beneficial ownership of securities | 2025-01-01 | SEC |
| 2026-07-27 | 4 | Statement of changes in beneficial ownership of securities | 2025-01-01 | SEC |
| 2026-07-27 | 4 | Statement of changes in beneficial ownership of securities | 2025-01-01 | SEC |
| 2026-07-07 | 8-K | Current report | 2026-06-30 | SEC |
| 2026-07-07 | 3/A | 2026-06-01 | SEC | |
| 2026-06-18 | 3/A | 2026-06-01 | SEC | |
| 2026-06-18 | 4 | Statement of changes in beneficial ownership of securities | 2025-01-01 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | 2.72% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.15% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.70% |
| RENAISSANCE TECHNOLOGIES LLC | 0.59% |
| NorthRock Partners, LLC | 0.59% |
| Valeo Financial Advisors, LLC | 0.42% |
| VANGUARD FIDUCIARY TRUST CO | 0.41% |
| Modera Wealth Management, LLC | 0.38% |
| FNY Investment Advisers, LLC | 0.28% |
| JANE STREET GROUP, LLC | 0.25% |
Funds
| Fund | % owned |
|---|---|
| Fidelity Extended Market Index Fund | 0.37% |
| Fidelity Total Market Index Fund | 0.12% |
| Fidelity Series Total Market Index Fund | 0.10% |
| Fidelity Nasdaq Composite Index Fund | 0.03% |
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