New Horizon Aircraft Ltd
HOVRIndustrials·Aerospace & Defense·Canada·Micro·NASD·Nov 11 • 3:59 PM ET
1.36+0.01 (0.74%)
2026-11-12 02:32 CET
Market cap
91.29 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-18.96 USD m
Free cash flow, TTM
-16.46 USD m
EPS diluted, TTM
-0.40
P/E
-
Price
HOVR against its 20, 50 and 200-day averages2050200beat
63.0% under the 52-week high of 3.68 on 26 May 2026. 52-week low 1.06 on 5 Nov 2026. Last 15 sessions, 35.3% high to low
Volume 0.55× normal · the line is the 50-bar volume average
Profile
HOVR52-week range, 11% of the way up
1.063.68
New Horizon Aircraft Ltd. engages in manufacturing of aircraft. It focuses on designing next generation hybrid electric vertical takeoff and landing aircraft for the regional air mobility market. The company was founded by Eric Brandon Robinson and E. Brian Robinson in 2013 and is headquartered in Lindsay, Canada.
| Employees | 56 |
|---|---|
| IPO | Apr 03, 2023 |
| Beta | 3.88 |
| ATR, 14d | 0.09 |
| Rel volume | 0.55 |
| Short float | 5.39% |
| Insider own | 15.03% |
| Inst own | 14.16% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 91.29M |
| Enterprise Value | 45.32M |
| Income | -18.96M |
| Sales | 0.00M |
| Book/sh | 0.66 |
| Cash/sh | 0.75 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 56 |
| IPO | Apr 03, 2023 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 2.06 |
| P/C | 1.81 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 30.19 |
| Current Ratio | 30.19 |
| Debt/Eq | 0.00 |
| LT Debt/Eq | 0.00 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -0.40 |
|---|---|
| EPS next Y | -0.56 |
| EPS next Q | -0.10 |
| EPS this Y | 28.44% |
| EPS next Y | -46.01% |
| EPS next 5Y | 3.03% |
| EPS past 3/5Y | - -325.57% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | -407.10% |
| Sales Y/Y TTM | - |
| EPS Q/Q | 79.35% |
| Sales Q/Q | - |
| Earnings | Oct 09 BMO |
| EPS/Sales Surpr. | 51.10% - |
Ownership
| Insider Own | 15.03% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 14.16% |
| Inst Trans | 9.16% |
| ROA | -56.82% |
| ROE | -66.90% |
| ROIC | -38.84% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | 5.30% |
| SMA50 | -9.34% |
| SMA200 | -25.88% |
| Trades | - |
Technical
| Shs Outstand | 67.12M |
|---|---|
| Shs Float | 57.04M |
| Short Float | 5.39% |
| Short Ratio | 5.39 |
| Short Interest | 3.08M |
| 52W High | 3.68 -63.04% |
| 52W Low | 1.06 28.30% |
| Volatility | 9.87% 6.22% |
| ATR (14) | 0.09 |
| RSI (14) | 49.88 |
| Beta | 3.88 |
| Rel Volume | 0.55 |
| Avg Volume | 570.22K |
| Volume | 312,282 |
Performance
| Perf Week | 16.24% |
|---|---|
| Perf Month | -6.85% |
| Perf Quarter | -31.66% |
| Perf Half Y | -45.16% |
| Perf YTD | -7.48% |
| Perf Year | -32.67% |
| Perf 3Y | -87.18% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 8.74 |
| Prev Close | 1.35 |
| Price | 1.36 |
| Change % | 0.74% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| EVTL | Vertical Aerospace Ltd | 70.15M |
| EH | EHang Holdings Ltd ADR | 223.71M |
| XTIA | XTI Aerospace Inc | 37.70M |
| EVEX | Eve Holding Inc | 672.60M |
| ACHR | Archer Aviation Inc | 3.80B |
| BETA | BETA Technologies Inc | 6.51B |
| AIRO | AIRO Group Holdings Inc | 172.29M |
| JOBY | Joby Aviation Inc | 5.98B |
| DPRO | Draganfly Inc | 117.42M |
| SRFM | Surf Air Mobility Inc | 95.20M |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| GCAD | Gabelli Commercial Aerospace and Defense Fund | AUM: 44.61M |
News
latest 14 of 200- Horizon Aircraft Completes Preliminary Design Review of Cavorite X7 Hybrid eVTOL (ACCESSWIRE)
- Horizon Aircraft Signs MOU With Constance Lake First Nation to Bring Lifesaving Medical Aircraft to Remote and Isolated Indigenous Communities (ACCESSWIRE)
- Horizon Aircraft to Participate in Upcoming Industry Events and Investment Conferences (ACCESSWIRE) -5.14%
- Horizon Aircraft Reports Fiscal 2027 First Quarter Results and Advances Full-Scale Cavorite X7 Development (ACCESSWIRE)
- Horizon Aircraft Signs LOI with Great Lakes Helicopter for Cavorite X7 Maintenance and Pilot Training (ACCESSWIRE)
- Horizon Aircraft to Report First Quarter 2027 Results and Provide a Business Update on October 9, 2026 (ACCESSWIRE)
- iAccess Alpha Virtual Best Ideas Fall Investment Conference, September 15-16, 2026 (ACCESSWIRE)
- Horizon Aircraft to Participate in September Investment Conferences (ACCESSWIRE)
- Horizon Aircraft Appoints Tom Hearne to Board of Directors and Names Him Audit Committee Chair (ACCESSWIRE)
- Horizon Aircraft Advances All-Weather Certification Path with the Start of Ice Protection Technology Testing (ACCESSWIRE)
- Horizon Aircraft to Participate in August Investment Conferences (ACCESSWIRE) +9.43%
- Horizon Aircraft Secures LOI with V-Star Powered Lift Aviation for the Purchase of Up to 100 Hybrid eVTOLs for $600 Million (ACCESSWIRE) +20.24%
- New Horizon Aircraft Ltd (HOVR) Q4 2026 Earnings Call Highlights: Financial Fortitude and ... (GuruFocus.com) -12.28%
- Horizon Aircraft Reports Fiscal 2026 Fourth Quarter Results, Strengthens Balance Sheet to $78.3 Million, and Advances Full-Scale Cavorite X7 Development (ACCESSWIRE)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q1 | 2026-10-09 | -0.042 | -0.086 | -0.042 | 0.00 | 0.00 | 4 |
| 2025Q4 | 2026-07-17 | -0.100 | -0.120 | -0.093 | 0.00 | 0.00 | 4 |
| 2025Q3 | 2026-04-14 | -0.116 | -0.107 | -0.113 | 0.00 | 0.00 | 4 |
| 2025Q2 | 2026-01-14 | -0.151 | -0.120 | -0.147 | 0.00 | 0.00 | 3 |
| 2025Q1 | 2025-10-29 | -0.232 | -0.199 | -0.214 | 0.00 | 0.00 | 4 |
| 2024Q4 | 2025-07-30 | -0.118 | -0.061 | -0.145 | 0.00 | 0.00 | 4 |
| 2024Q3 | 2025-04-30 | -0.110 | -0.096 | -0.117 | 0.00 | - | 2 |
| 2024Q2 | 2025-01-29 | 0.688 | 0.557 | 0.582 | - | - | 1 |
| 2024Q1 | 2024-10-30 | -0.091 | - | -0.111 | - | - | - |
| 2026Q2 | - | - | -0.104 | - | - | 0.00 | 3 |
| 2026Q3 | - | - | -0.116 | - | - | 0.00 | 3 |
| 2026Q4 | - | - | -0.123 | - | - | 0.00 | 3 |
| 2027Q1 | - | - | -0.123 | - | - | 0.35 | 2 |
| 2027Q2 | - | - | -0.134 | - | - | 0.35 | 2 |
| 2027Q3 | - | - | -0.137 | - | - | 0.35 | 2 |
| 2027Q4 | - | - | -0.155 | - | - | 0.70 | 2 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2023FY | -0.560 | - | -0.563 | 0.00 | - |
| 2024FY | 0.144 | 0.277 | 0.130 | 0.00 | 0.00 |
| 2025FY | -0.549 | -0.565 | -0.543 | 0.00 | 0.00 |
| 2026FY | - | -0.387 | - | - | 0.00 |
| 2027FY | - | -0.565 | - | - | 2.70 |
| 2028FY | - | -0.493 | - | - | 8.79 |
| 2029FY | - | -0.107 | - | - | 171.39 |
| 2030FY | - | 0.819 | - | - | 393.57 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q2 | S | 2026-10-09 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2026-07-17 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2026-05-31 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2026-04-14 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2026-02-20 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2026-01-14 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2025-11-11 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2025-11-10 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2025-11-09 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2025-11-08 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2025-11-07 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2025-11-06 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2025-11-05 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2025-11-04 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -0.002 | -0.563 | 0.121 | -0.558 | -0.3977 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2022 | 2023 | 2024 | 2025 | TTM | ||||
| EPS, quarterly | -0.111 | 0.582 | -0.117 | -0.145 | -0.214 | -0.147 | -0.113 | -0.093 | -0.044 |
| Period | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
| Sales, annual | 0 | 0 | 0 | 0 | 0 | ||||
| Period | 2022 | 2023 | 2024 | 2025 | TTM | ||||
| Sales, quarterly | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Period | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
| Shares, annual | 5.039 | 18.608 | 32.326 | 61.763 | 67.124 | ||||
| Period | 2022 | 2023 | 2024 | 2025 | MRQ | ||||
| Shares, quarterly | 21.519 | 24.574 | 31.231 | 32.326 | 39.558 | 43.926 | 44.959 | 61.763 | 67.124 |
| Period | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2023FY | 2022FY |
|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.27 | 0.22 | 0.10 | 0.04 | 0.00 | 0.00 |
| Gross Profit | -0.27 | -0.22 | -0.10 | -0.04 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 18.94 | 16.80 | 9.64 | 3.38 | 1.67 | 0.01 |
| Research and Development | 12.79 | 9.50 | 2.57 | 0.65 | - | - |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -19.21 | -17.02 | -9.74 | -3.42 | -1.67 | -0.01 |
| Interest Expense | - | 0.00 | - | 0.12 | - | - |
| Unusual Expense | 1.36 | 7.83 | -13.38 | 2.92 | -6.16 | 0.00 |
| Net Income Before Taxes | -18.96 | -24.00 | 3.73 | -6.04 | 9.71 | -0.01 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 1.10 | 0.00 |
| Consolidated Net Income | -18.96 | -24.00 | 3.73 | -6.04 | 8.61 | -0.01 |
| Net Income From Continuing Operations | -18.96 | -24.00 | 3.73 | -6.04 | 8.61 | -0.01 |
| Net Income | -18.96 | -24.00 | 3.73 | -6.04 | 8.61 | -0.01 |
| EPS (Recurring) | -0.27 | -0.43 | -0.18 | -0.37 | 0.28 | -0.00 |
| EPS (Basic, Before Extraordinaries) | -0.40 | -0.56 | 0.14 | -0.56 | 0.55 | -0.00 |
| EPS (Diluted) | -0.40 | -0.56 | 0.12 | -0.56 | 0.55 | -0.00 |
| EBITDA | -18.94 | -16.80 | -9.64 | -3.38 | -1.67 | -0.01 |
| Non-Operating Income (Expense) | 1.61 | 0.85 | 0.08 | 0.43 | 5.22 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | - | 0.51 | 0.18 | 0.05 | - | - |
| Price To Earnings Ratio | - | - | 3.69 | 1.41 | 52.07 | 52.07 |
| Shares Outstanding | 67.12 | 61.76 | 32.33 | 18.61 | 17.10 | 5.04 |
| Market Capitalization | 91.29 | 90.62 | 33.27 | 14.49 | 142.31 | 142.31 |
Income statement, quarterly
| Metric | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 | 2024Q2 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.09 | 0.08 | 0.06 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 |
| Gross Profit | -0.09 | -0.08 | -0.06 | -0.04 | -0.04 | -0.03 | -0.03 | -0.02 |
| Selling, General and Administrative Excl. Other | 6.40 | 3.45 | 5.46 | 3.63 | 4.27 | 2.85 | 2.46 | 2.36 |
| Research and Development | 5.25 | 2.61 | 3.09 | 1.85 | 1.96 | 1.77 | 0.31 | 0.31 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -6.49 | -3.53 | -5.52 | -3.67 | -4.31 | -2.88 | -2.48 | -2.38 |
| Interest Expense | - | 0.00 | 0.00 | - | - | - | - | - |
| Unusual Expense | -2.72 | 1.94 | -0.72 | 2.86 | 3.74 | 1.84 | 1.00 | -16.64 |
| Net Income Before Taxes | -2.90 | -4.84 | -5.02 | -6.20 | -7.95 | -4.70 | -3.46 | 14.30 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -2.90 | -4.84 | -5.02 | -6.20 | -7.95 | -4.70 | -3.46 | 14.30 |
| Net Income From Continuing Operations | -2.90 | -4.84 | -5.02 | -6.20 | -7.95 | -4.70 | -3.46 | 14.30 |
| Net Income | -2.90 | -4.84 | -5.02 | -6.20 | -7.95 | -4.70 | -3.46 | 14.30 |
| EPS (Recurring) | -0.07 | -0.07 | -0.12 | -0.10 | -0.14 | -0.11 | -0.09 | 0.11 |
| EPS (Basic, Before Extraordinaries) | -0.04 | -0.09 | -0.11 | -0.15 | -0.21 | -0.15 | -0.12 | 0.61 |
| EPS (Diluted) | -0.04 | -0.09 | -0.11 | -0.15 | -0.21 | -0.15 | -0.12 | 0.58 |
| EBITDA | -6.40 | -3.45 | -5.46 | -3.63 | -4.27 | -2.85 | -2.46 | -2.36 |
| Non-Operating Income (Expense) | 0.86 | 0.64 | -0.22 | 0.33 | 0.10 | 0.02 | 0.03 | 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 | 0.19 | - | 0.13 | 0.13 | 0.14 | 0.05 | 0.05 | 0.01 |
| Price To Earnings Ratio | - | - | - | 15.70 | 8.39 | 3.69 | 7.57 | 1.20 |
| Shares Outstanding | 67.12 | 61.76 | 44.96 | 43.93 | 39.56 | 32.33 | 31.23 | 24.57 |
| Market Capitalization | 91.29 | 132.40 | 85.85 | 71.54 | 68.62 | 33.27 | 12.46 | 16.59 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2023FY | 2022FY |
|---|---|---|---|---|---|
| Cash & Short Term Investments | 56.82 | 5.49 | 1.33 | 0.02 | 0.09 |
| Short Term Receivables | 0.58 | 0.07 | 0.31 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 2.74 | 0.39 | 1.78 | 0.11 | 0.00 |
| Total Current Assets | 60.14 | 5.94 | 3.42 | 0.12 | 0.09 |
| Net Property, Plant & Equipment | 0.69 | 0.17 | 0.21 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 121.96 | 0.00 |
| Long-Term Note Receivable | - | - | - | 0.00 | 0.00 |
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 0.08 | 0.01 | - | - | - |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.37 |
| Total Assets | 60.91 | 6.12 | 3.63 | 122.08 | 0.46 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.04 | 0.02 | 0.03 | 0.17 | 0.30 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 2.61 | 0.95 | 0.95 | 0.81 | 0.14 |
| Total Current Liabilities | 2.64 | 0.96 | 0.98 | 0.99 | 0.44 |
| Long Term Debt | 0.02 | 0.01 | 0.02 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 0.08 | 0.01 | - | - | - |
| Other Liabilities | 6.55 | 3.26 | 15.78 | 6.10 | 0.00 |
| Total Liabilities | 9.29 | 4.24 | 16.78 | 7.09 | 0.44 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 4.56 | 4.57 | 0.00 | 0.00 | 0.00 |
| Common Equity | 47.06 | -2.68 | -13.16 | 115.00 | 0.02 |
| Total Shareholders Equity | 51.62 | 1.88 | -13.16 | 115.00 | 0.02 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 51.62 | 1.88 | -13.16 | 115.00 | 0.02 |
| Total Liabilities & Stockholders Equity | 60.91 | 6.12 | 3.63 | 122.08 | 0.46 |
| Book Value Per Share | 0.76 | -0.08 | -0.71 | 6.72 | 0.00 |
| Tangible Book Value Per Share | 0.76 | -0.08 | -0.71 | 6.72 | 0.00 |
| Full-Time Employees | 56 | 30 | 16 | 10 | - |
| Price to Book Ratio | 2.05 | 65.07 | 0.13 | 1.32 | 1.32 |
| Return on Assets | -71.61 | 76.45 | -295.54 | 14.06 | - |
| Return on Equity | -89.72 | - | - | 14.98 | - |
| Return on Invested Capital | -46.49 | 197.26 | - | 7.49 | -52.59 |
| Quick Ratio | 22.76 | 6.16 | 3.50 | 0.12 | 0.20 |
| Current Ratio | 22.76 | 6.16 | 3.50 | 0.12 | 0.20 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2023FY | 2022FY |
|---|---|---|---|---|---|---|
| Net Income | -18.96 | -24.00 | 3.73 | -6.04 | 8.61 | -0.01 |
| Depreciation | 0.27 | 0.22 | 0.10 | 0.04 | - | - |
| Other Funds (Non Cash) | 5.48 | 13.03 | -12.11 | 3.11 | -11.38 | 0.00 |
| Funds from Operations | -13.21 | -10.76 | -8.28 | -2.88 | -2.76 | -0.01 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -2.17 | -1.20 | 1.61 | 0.43 | 0.64 | -0.00 |
| Income Taxes Payable | - | - | - | - | -0.03 | - |
| Cash from Operating Activities | -15.38 | -11.96 | -6.67 | -2.45 | -2.12 | -0.01 |
| Capital Expenditures | -1.08 | -0.70 | -0.10 | -0.15 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 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 | -116.75 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | -117.88 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 1.13 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -1.08 | -0.70 | -0.10 | -0.15 | -116.75 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 55.54 | 63.96 | 11.08 | 0.00 | 118.92 | -0.20 |
| Repurchase of Common Pref Stock | -0.68 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 56.22 | 63.96 | 11.08 | 0.00 | 118.92 | -0.20 |
| Proceedsfrom Stock Options | 55.99 | 61.56 | 9.09 | 0.00 | 118.92 | -0.20 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 4.93 | -0.12 | 0.30 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 4.96 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 4.96 | 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 | 0.00 | 0.00 | -0.20 | -1.15 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | -0.20 | -1.16 | 0.00 | 0.00 |
| Cash from Financing Activities | 55.54 | 63.96 | 10.88 | 3.78 | 118.80 | 0.10 |
| Net Change in Cash | 39.08 | 51.30 | 4.11 | 1.17 | -0.07 | 0.09 |
| Free Cash Flow | -16.46 | -12.66 | -6.78 | -2.60 | -2.12 | -0.01 |
| Preferred Dividends (Cash Flow) | - | - | - | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 50.54 | 56.82 | 14.43 | 17.43 | 11.85 | 5.49 |
| Short Term Receivables | 0.87 | 0.58 | 0.21 | 0.16 | 0.06 | 0.07 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 1.85 | 2.74 | 0.80 | 0.23 | 0.27 | 0.39 |
| Total Current Assets | 53.26 | 60.14 | 15.44 | 17.82 | 12.18 | 5.94 |
| Net Property, Plant & Equipment | 1.06 | 0.69 | 0.62 | 0.57 | 0.24 | 0.17 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | - | 0.08 | - | - | - | 0.01 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 54.33 | 60.91 | 16.06 | 18.39 | 12.41 | 6.12 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.03 | 0.04 | 0.01 | 0.01 | 0.02 | 0.02 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 1.73 | 2.61 | 1.03 | 2.72 | 1.51 | 0.95 |
| Total Current Liabilities | 1.76 | 2.64 | 1.04 | 2.74 | 1.53 | 0.96 |
| Long Term Debt | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | 0.08 | - | - | - | 0.01 |
| Other Liabilities | 3.75 | 6.55 | 4.66 | 5.27 | 3.01 | 3.26 |
| Total Liabilities | 5.52 | 9.29 | 5.70 | 8.01 | 4.54 | 4.24 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 4.53 | 4.56 | 4.60 | 4.50 | 4.57 | 4.57 |
| Common Equity | 44.28 | 47.06 | 5.76 | 5.88 | 3.30 | -2.68 |
| Total Shareholders Equity | 48.80 | 51.62 | 10.36 | 10.38 | 7.88 | 1.88 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 48.80 | 51.62 | 10.36 | 10.38 | 7.88 | 1.88 |
| Total Liabilities & Stockholders Equity | 54.33 | 60.91 | 16.06 | 18.39 | 12.41 | 6.12 |
| Book Value Per Share | 0.66 | 0.76 | 0.13 | 0.13 | 0.08 | -0.08 |
| Tangible Book Value Per Share | 0.66 | 0.76 | 0.13 | 0.13 | 0.08 | -0.08 |
| Full-Time Employees | - | 56 | - | - | - | 30 |
| Price to Book Ratio | 2.06 | 22.84 | 14.50 | 19.76 | -21.10 | 65.07 |
| Return on Assets | -56.82 | -71.61 | -205.44 | -225.37 | -21.11 | 82.47 |
| Return on Equity | -66.90 | -89.72 | -313.66 | -512.75 | - | - |
| Return on Invested Capital | -5.95 | -9.37 | -48.44 | -59.74 | -100.87 | -248.77 |
| Quick Ratio | 30.19 | 22.76 | 14.81 | 6.51 | 7.97 | 6.16 |
| Current Ratio | 30.19 | 22.76 | 14.81 | 6.51 | 7.97 | 6.16 |
Cash flow, quarterly
| Metric | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|
| Net Income | -2.90 | -4.84 | -5.03 | -6.18 | -7.95 | -4.76 |
| Depreciation | 0.09 | 0.08 | 0.06 | 0.04 | 0.04 | 0.03 |
| Other Funds (Non Cash) | -2.05 | 2.07 | 2.36 | 3.10 | 5.50 | 2.83 |
| Funds from Operations | -4.86 | -2.70 | -2.61 | -3.05 | -2.41 | -1.90 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -0.28 | -0.73 | -2.34 | 1.18 | 0.69 | 0.12 |
| Cash from Operating Activities | -5.14 | -3.42 | -4.95 | -1.87 | -1.72 | -1.78 |
| Capital Expenditures | -0.48 | -0.11 | -0.10 | -0.39 | -0.10 | -0.03 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 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 | 0.00 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -0.48 | -0.11 | -0.10 | -0.39 | -0.10 | -0.03 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | - | - | 0.00 | - | - | - |
| Change in Capital Stock | -0.24 | 46.05 | 1.72 | 8.01 | 8.18 | 0.62 |
| Repurchase of Common Pref Stock | -0.68 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.44 | 46.05 | 1.72 | 8.01 | 8.18 | 0.62 |
| Proceedsfrom Stock Options | 0.44 | 46.05 | 1.72 | 7.78 | 6.01 | 0.61 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -0.24 | 46.05 | 1.72 | 8.01 | 8.18 | 0.62 |
| Net Change in Cash | -5.86 | 42.52 | -3.33 | 5.76 | 6.35 | -1.20 |
| Free Cash Flow | -5.62 | -3.53 | -5.05 | -2.26 | -1.82 | -1.81 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 5.39% | 3.1M | 57.0M | 671.10K |
| 2026-10-15 | 5.48% | 3.1M | 57.0M | 876.34K |
| 2026-09-30 | 4.57% | 2.6M | 57.0M | 914.42K |
| 2026-09-15 | 4.78% | 2.7M | 57.0M | 1.05M |
| 2026-08-31 | 4.95% | 2.8M | 57.0M | 1.32M |
| 2026-08-14 | 4.62% | 2.6M | 56.7M | 2.07M |
| 2026-07-31 | 5.25% | 2.9M | 56.0M | 2.31M |
| 2026-07-15 | 5.43% | 3.0M | 56.2M | 2.25M |
| 2026-06-30 | 6.13% | 2.9M | 47.7M | 2.19M |
| 2026-06-15 | 7.47% | 3.6M | 47.7M | 2.12M |
| 2026-05-29 | 8.05% | 2.9M | 36.0M | 1.85M |
| 2026-05-15 | 7.76% | 2.9M | 37.5M | 1.12M |
| 2026-04-30 | 6.50% | 2.4M | 37.3M | 735.46K |
| 2026-04-15 | 5.46% | 1.9M | 35.3M | 778.54K |
| 2026-03-31 | 5.20% | 1.8M | 34.5M | 915.05K |
| 2026-03-13 | 7.31% | 2.5M | 34.5M | 876.18K |
| 2026-02-27 | 7.57% | 2.6M | 34.5M | 875.15K |
| 2026-02-13 | 7.25% | 2.5M | 34.5M | 1.01M |
| 2026-01-30 | 7.50% | 2.6M | 34.3M | 1.09M |
| 2026-01-15 | 6.79% | 2.3M | 34.3M | 1.10M |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-10-26 | ARS | Annual report to security holders. | 2026-05-31 | SEC |
| 2026-10-26 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-11-24 | SEC |
| 2026-10-09 | 8-K | Current report | 2026-10-09 | SEC |
| 2026-10-09 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-08-31 | SEC |
| 2026-09-14 | 3 | Initial statement of beneficial ownership of securities | 2026-09-04 | SEC |
| 2026-09-04 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-09-04 | 8-K | Current report | 2026-09-02 | SEC |
| 2026-09-04 | 424B5 | SEC | ||
| 2026-08-28 | S-3 | Registration statement for specified transactions by certain issuers including face-amount certificate companies | SEC | |
| 2026-08-14 | SCHEDULE 13G | SEC | ||
| 2026-08-10 | SCHEDULE 13G/A | SEC | ||
| 2026-08-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-04 | SEC |
| 2026-08-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-04 | SEC |
| 2026-08-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-04 | SEC |
| 2026-08-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-04 | SEC |
| 2026-07-16 | 8-K | Current report | 2026-07-16 | SEC |
| 2026-07-16 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2026-05-31 | SEC |
| 2026-07-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-26 | SEC |
| 2026-07-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-26 | SEC |
| 2026-07-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-26 | SEC |
| 2026-07-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-26 | SEC |
| 2026-05-28 | SCHEDULE 13D/A | SEC | ||
| 2026-05-28 | 8-K | Current report | 2026-05-27 | SEC |
| 2026-05-27 | 8-K | Current report | 2026-05-26 | SEC |
| 2026-05-27 | 424B5 | SEC | ||
| 2026-05-26 | 424B5 | SEC | ||
| 2026-05-11 | 8-K | Current report | 2026-05-11 | SEC |
| 2026-05-08 | 8-K | Current report | 2026-05-06 | SEC |
| 2026-05-08 | 424B5 | SEC | ||
| 2026-04-21 | SCHEDULE 13G/A | 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 |
|---|---|
| Alyeska Investment Group, L.P. | 3.22% |
| MARSHALL WACE, LLP | 1.32% |
| CITADEL ADVISORS LLC | 0.80% |
| RENAISSANCE TECHNOLOGIES LLC | 0.73% |
| JANE STREET GROUP, LLC | 0.41% |
| Cerity Partners LLC | 0.32% |
| UBS Group AG | 0.21% |
| SAXON INTERESTS, INC. | 0.08% |
| GSA CAPITAL PARTNERS LLP | 0.08% |
| GABELLI FUNDS LLC | 0.05% |
Funds
| Fund | % owned |
|---|---|
| Gabelli Commercial Aerospace and Defense Fund | 0.05% |
| Fidelity Nasdaq Composite Index Fund | 0.03% |
| Blackstone Alternative Multi-Strategy Fund | -0.01% |
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